Latest Patron News

  • Packagers completes £7.5m bridge

    October 5, 2012

    A south coast-based specialist packager has just announced the completion of a multi-million pound bridging loan with United Trust Bank (UTB). Positive Lending and UTB worked together to complete a complex loan for circa £7.5 million, which was secured against country estates and Central London properties using a combination of first and second charges.

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  • Bridgebank Capital – Join The Team

    October 2, 2012

    In line with their growth plans for 2012-2013, Manchester based, Bridgebank Capital are now recruiting: Business Development Managers Bridgebank Capital are looking for: Individuals with experience and knowledge of bridging finance Well connected individuals in property finance Well networked individuals within the professional introducer market Role will be partly field based and partly office based

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  • Bridgebank calls for transparency

    September 17, 2012

    Bridging lenders that charge front end processing fees as well as insisting valuation and legal fees are paid directly to them to do with as they please could be distorting the market and even earning out of these costs themselves. The practice, although not illegal, makes it difficult for brokers – and borrowers – to…

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  • Shawbrook launches bridging range for key partners

    September 6, 2012

    Some 18 brokers have been selected initially for the strategic partner programme based on the particularly high quality of their applications presented to Shawbrook. The programme has a clear set of criteria against which strategic partners are measured, including the level of conversion rates achieved on initial submissions and ultimate conversion to successful loan completion.

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  • £100m lent in 180 days for Omni

    August 7, 2012

    Half year trading results have just been revealed by a specialist short-term lender owned by CPC Group, Omni Capital. The lender made available to borrowers total lending amounting to £100 million in the first half of 2012, further consolidating its position as one of the country’s leading providers of bespoke bridging finance to investors and buyers of…

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  • United Trust Bank wins the ‘Best Regulated Lender’ award at the Bridging & Commercial Awards 2012

    August 3, 2012

    United Trust Bank has won the ‘Best Regulated Lender’ award at the prestigious Bridging & Commercial Awards 2012. The achievement was recognised on 11th June 2012 during an all-day event with over 400 attendees held at the Brewery in the City of London. United Trust Bank has long been a leading lender in the bridging…

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  • United Trust Bank boosts bridging team with new appointment

    August 3, 2012

    United Trust Bank continues to develop its Bridging Department with the appointment of Bradley Illman to its case management team. Bradley joins the specialist bridging, development and asset finance lender from the industry and will be tasked with supporting intermediaries and their clients from initial enquiry to the draw down of funds. Bradley is the…

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