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News
Recognise Bank completes £9.9m commercial bridging refinance
6+ day, 6+ hour ago (316+ words) Recognise Bank has completed a £9.9m bridging loan secured against commercial properties in London and...Recognise Bank has completed a £9.9m bridging loan to refinance existing debt secured against two commercial...The transaction was completed within a tight timeframe, with Recognise Bank…...
Tandem Bank appoints MD of home improvement lending in series of senior hires
3+ week, 4+ day ago (472+ words) The Bank has also hired a chief risk officer from Hodge Bank and a chief people officer from Secure Trust...Bank....Tandem Bank has announced a series of senior leadership changes....Formerly CPO at Secure Trust Bank, Kevin has held…...
Lenders split on variable rates as one bank breaks below 6% mark
3+ week, 6+ day ago (343+ words) Canstar data insights director Sally Tindall (pictured) singled out Bank Vic, whose cut pushed its lowest...move on the fixed rate front this week, however, three lenders took the knife to variable — including Bank..."It's the 50th bank to offer at…...
Aegon Asset Management targets bank capital securities with new income fund
3+ week, 2+ hour ago (245+ words) (L-R) investment manager Alex Pelteshki and head of UK fixed income Iain Buckle Aegon Asset Management has launched a new strategy aimed at providing a steady source of income with the potential for capital growth for investors. The Aegon Financial…...
Coventry Building Society extends valuation partnership with CSS for five years
5+ day, 6+ hour ago (195+ words) contract with Coventry Building Society for a further five years, with the agreement also covering Co-op Bank...The agreement also incorporates Co-op Bank, which is now a subsidiary of Coventry Building Society....Shelley Rodway, head of servicing mortgage operations at…...
Lenders ramp up criteria activity with record month for changes and additions
4+ day, 3+ hour ago (327+ words) Knowledge Bank said criteria search activity eased during August, although searches per broker remained...Commenting on the findings, Shane Chawatama, sales director at Knowledge Bank, said: “August always brings...lender engagement with the platform, revealing that 22 lenders are currently lined…...
HTB promotes Athens Piponides to development finance lending manager
1+ week, 5+ day ago (431+ words) Hampshire Trust Bank has promoted Athens Piponides to lending manager in its Development Finance team...Hampshire Trust Bank has promoted Athens Piponides to lending manager within its Development Finance...1st September after spending more than 2 years as a relationship manager at…...
Newcastle for Intermediaries cuts rates across residential range
1+ week, 6+ day ago (198+ words) The lender cut rates by up to 0.25% and launched a range of Bank of England Base Rate Tracker mortgages...Additionally, the lender launched a range of Bank of England Base Rate Tracker mortgages....
UTB expands bridging proposition with new near prime and heavy refurb ranges
3+ week, 4+ hour ago (245+ words) United Trust Bank is expanding its bridging proposition with the introduction of new standard and near...In addition, the Bank has re-introduced heavy refurbishment finance for non-regulated bridging cases....
UTB reduces 2-year BTL rates by up to 50bps
1+ week, 6+ day ago (224+ words) The bank has increased its maximum exposure for portfolio landlords to 10 buy-to-let loans and £3 million...Gene Clohessy, director of buy-to-let and bridging at United Trust Bank, said: “We’re building real momentum...