Related topic: Commercial

Pallas Capital’s product range in the UK spans residential, mixed-use and commercial bridging, development exit, light and heavy refurbishment, vacant land and development...

The changes apply to  first and second charge variable rate mortgages, buy-to-let variable, and bridging products.

Vajinder joins the lender in the North West and will be responsible for developing and managing relationships across the intermediary market.

The lender has appointed a BDM, senior BDM, and head of sales.

Reductions apply across Aspen's entire product range, including heavy refurbishment, foreign national and commercial rates.

The buy-to-let lender's loan book has grown from roughly £1.5bn in 2018 to £4.5bn today.

Both Fiaz and Matt will work closely with developers, brokers, planners, and wider community stakeholders.

The funding will support a greater number of SME developers and a broader range of project types. 

The lender now offers three clear groups of bridging loans: residential, commercial and refurbishment.

72% of commercial brokers said asset finance will be driving business funding demand in the coming year.