Bridge Loan for £375,000 for Refurb of 4 x Maisonettes – Yaxley

Case StudyBroker: The Property Finance CollectiveClient: Almond Penstar Ltd Project: Purchase and Refurb - 4 x 3 Bedroom MaisonettesPurchase price: £285,000Est Valuation after refurb: £500,000Gross loan: £375,000Location: YaxleyIssue Michael Primrose from The…

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Majority of brokers expect lenders to keep their credit policies unchanged

A survey by United Trust Bank found that 57% of brokers who work in the bridging, asset finance and development areas believe that lenders will keep their credit policies largely the same over the next year.

The managing director of the United Trust Bank, Harley Kegan, said that most brokers think that (more…)

Continue ReadingMajority of brokers expect lenders to keep their credit policies unchanged