Rates on the AVM product now match the lender's residential bridging rates.
Rates on the AVM product now match the lender's residential bridging rates.
The change expands the lender’s criteria to meet a wider range of borrowing scenarios.
He will replace Vic Jannels, who is stepping down at the end of the year after six years in the role.
Gross lending rose by 4.9% to £209m in Q3, with investment property purchases fuelling demand.
For the first time, Allica will offer below-market-value leverage up to 80% of the purchase price.
The changes allow more cases to qualify for an AVM, helping to reduce completion times and streamline the process.
The specialist lender has enhanced its bridging range with a November offer and additional flexibility with product fees now added to the loan.
We spoke to StreamBank’s managing director of property finance, Roz Cawood, to unpack what really makes a difference when submitting a bridging case and how brokers can give...
Caroline moves to a new proposition and marketing director role to 'champion the voice of brokers'.
We spoke to Caroline Luxmore, chief commercial officer at Recognise Bank, about demand for bridging on residential versus commercial property, which industries or sectors seem...
While this website is checked for accuracy, Barcadia Media Limited are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances.
