All posts tagged property

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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Masthaven launches online broker guide

Masthaven Bridging Finance has launched an online broker guide to ensure introducers are up-to-date with all things bridging and commercial. The interactive broker guide includes information read more »

TFC and lender complete 3-day bridge

TFC Homeloans and Lancashire Mortgage Corporation (LMC) arranged a bridging loan in just three days to ensure a client did not lose an auction property… The case, which TFC read more »

Roma Finance detects discrepancy and rescues £700k property renovation

Case File:

  • Client needed funding to renovate a unique property
  • Roma Finance lent client over £200k to help complete the renovation
  • Funding also provided to property developer for refurbishment works and
 read more »

Lender’s launch challenges market perspective

A new London-based bridging lender, which only launched last month, has already completed a £1 million loan in Stoke-on-Trent. Hennessy Jones Corporate Finance has residential, commercial and land based read more »

HSBC grants £170m bridging loan

HSBC advanced a bridging loan worth €225 million (£176 million approx) to a property firm. Intu Properties plc has revealed that it has exchanged contracts with an entity indirectly 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 »

Property refurbishment funding doubles in 12 months

The rise of the bridging sector continues unabated as it remains largely unaffected by the string of challenges currently facing the mainstream mortgage market. If anything, bridging finance read more »

HSBC grants £170m bridging loan

HSBC advanced a bridging loan worth €225 million (£176 million approx) to a property firm. Intu Properties plc has revealed that it has exchanged contracts with an entity indirectly read more »

De Villiers: Covenant strength explained

A popular phrase in commercial property investment and valuation is “covenant strength” and refers to the financial strength of the tenant leasing a property. It may read more »