Bridging & Commercial RSS feedhttp://www.bridgingandcommercial.co.ukLatest News on bridgingandcommercial.co.uken-usCopyright (C) 2017 bridgingandcommercial.co.ukAssetz Capital applies for Â£10m BCR granthttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16293The P2P marketplace lender has applied for Pool E — which consists of £100m and is open to eligible bodies providing financial services to UK SMEs.
Assetz Capital offers commercial mort...Fri, 07 Aug 2020 12:38:50 +0100Levels of transactions expected to increase âmateriallyâ in coming monthshttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16291The ‘mini boom’ saw the average house price in July grow to £241,604 — the highest it has ever been since the index began, and 3.8% higher than a year ago.
Despite this, hou...Fri, 07 Aug 2020 11:43:38 +0100Peritus completes major debt restructuring facilityhttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16292The brokerage was appointed to advise on the restructure of a serviced accommodation portfolio located across four buildings and all inside the City of London.
The portfolio comprised 68 fully-furn...Fri, 07 Aug 2020 12:19:37 +0100Property industry reacts to landmark planning reformshttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16288Proposals have been put forward in the white paper, Planning for the future, which was published today.
The “most significant reforms to housing policy in decades” aims to deliver the h...Thu, 06 Aug 2020 11:17:19 +0100Dynamo helps secure Â£1m bridging loan for auction purchasehttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16289The developer had been made aware of an auction lot which had scope for 6-8 flats with a GDV of £2.25m.
They won the auction at a value of £800,000 before approaching Dynamo to help the...Thu, 06 Aug 2020 13:44:07 +0100Whitehall Capital completes Â£2.3m bridging loan on Peckham schemehttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16290The loan is being used to refinance a refurbished £3.1m residential development.
The property was originally two terraced houses but has since been developed into eight flats.
The speciali...Thu, 06 Aug 2020 13:54:32 +0100LendInvest finances Â£10m bridging loanhttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16283The loan was sought after the borrower ran into financing delays due to Covid-19.
The funding was provided to refinance the original site, and the acquisition of a second adjoining spot allowing pl...Wed, 05 Aug 2020 09:16:46 +0100Valorem Partners uses digital organimetric to gain 'game-changing insight' into new hireshttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16282The GC Index® aims to provide businesses with additional clarity when making hiring decisions, in order to help eliminate the risk of a “bad hire”.
Valorem Partners believes that ha...Wed, 05 Aug 2020 09:10:27 +0100Metro Bank agrees to acquire RateSetterhttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16284The acquisition is for initial consideration of £2.5m, with additional consideration of up to £500,000 and further consideration of up to £9m payable on the third anniversary of the ...Wed, 05 Aug 2020 09:41:12 +0100978 Bridging arranges Â£1m commercial mortgage for bankrupt clienthttp://www.bridgingandcommercial.co.uk/article-desc.php?id=16285The borrower was made bankrupt after his property investment career was affected a couple of years ago due to exceptional circumstances.
His bankruptcy was eventually annulled, but lasting damage w...Wed, 05 Aug 2020 10:15:01 +0100