All posts tagged lenders

Lender slashes minimum valuation on bridging loans

Aldermore has reduced its minimum valuation on bridging loans for light refurbishment from £100,000 to £75,000. The move brings the bank’s bridging offering in line with its residential and buy-to-let mortgages. Aldermore has also reduced the minimum age for those […]

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Are bridgers born with the development finance gene?

Can bridgers do development finance? In general, industry experts seem to think the answer is yes, but only if the relevant infrastructure is in place. As more and more read more »

ASTL bridging book expands by 54%

In 2014, £2.27 billion worth of loans were written by the Association of Short Term Lenders, marking a 54 per cent increase on the previous year. Additionally, the value read more »

Jubilee Bridging Finance launches new software

Jubilee Bridging Finance has launched a new online process which could potentially give clients a decision in just an hour. The service allows prospective lenders to quickly determine if read more »

Technology versus People – the debate whimpers…

Originally titled ‘the debate rages’ but it really doesn’t! Nowadays we seem to have everything at our fingertips; news, holidays, banking, insurance quotes, which bar my friends are sitting read more »

A guide to Joint Ventures

The most common interpretation of a joint venture (JV) conjures up the image of a land owner who does not have the required experience to access a development read more »

The Great Debate: Re-type valuations

This week B&C Distributor hosts a debate on whether valuations should be reused between lenders.

Some would argue that retype valuations would speed up the application process and prevent
 read more »

Top ten reasons for bridging delays

With brokers persistently complaining that the completion of bridging loans is so often delayed, Bridging Advisor decided to attain the opinion of the Association of Short Term Lenders read more »

Commercial Credit Committee Approval

Getting your client’s commercial mortgage application approved by a credit committee can prove challenging as lenders' processes and criteria are often vastly different and gathering the information requested read more »