In the past 10 years the long-term trend has been a surge in commercial lending compared to residential.
Related topic: Commercial
Tim will help deliver the Bank’s range of asset-based lending solutions to clients across the North of England.
Sion was previously a business development executive at Bibby Financial Services.
Commercial mortgages of between £1m and £4m will now qualify for a rate discount of 0.25%.
Decisioning is available within 24 hours on straight forward transactions.
The lender has launched a pilot to provide finance on a small number of schemes ahead of a full launch.
The lender has appointed a new director of finance and operations and senior underwriter.
Fiduciam will utilise the additional capacity to continue funding projects across the UK.
April will join the lender's Immediate House Sales (IHS) team.
Finding the right loan size and challenges with securing all the necessary information are common issues faced by brokers.