Author: Loans Insider

Free & Easy

Why would a distributor give its sourcing system away to its competitors? BestAdvice’s Kevin Rose went to SMG in search of the answer At the beginning of 2018, Specialist Mortgage Group (SMG) unveiled Lenderlink, a lender-integrated sourcing system designed specifically for second charge loan brokers. Lenderlink is a technology solution, developed and used internally by […]

17 years ago, this is how it started…

The first decade 1998 – 2007 In the wilderness – Feb 1998 “I really think you should meet this company”, said the recruiter, a girl by the name of Liz, barely older than myself. “The boss is very charismatic, he’s seen your CV and he wants to see you ASAP!” It did sound great: a job in finance sales. Loans or something. Probably […]

WHY SITE VISITS SHOULD NOT BE OVERLOOKED

Site visits are an important part of the development finance journey, says Masthaven’s managing director of short-term lending, James Bloom I’ve just returned to the Masthaven office following a site visit to one of our most exciting- and rewarding- development projects. This week I drove out to Arden Grange, a high-end development in Tamworth-in-Arden, Warwickshire, […]

IT’S BEEN HOT- WELL ALMOST!

Simon Mules, commercial director at Optimum Credit, takes the temperature of the second charge market If the second charge market was gauged by the weather, we’d love to say we were having a ‘scorcher’ of a start to the first half of 2018, but as a market that’s not quite true! Let’s be clear, in […]

ALL ABOUT THE EXIT

Lender choice is crucial for developer exit loans, writes Darrell Walker, head of sales at InterBay Commercial Short-term finance has become an increasingly popular financing option amongst property developers looking to finance their next project in order to keep their property pipeline moving. With the relatively flat property market we are currently experiencing some finished […]

THE COMMERCIAL LANDSCAPE

Karen Bennett, managing director of commercial mortgages, Shawbrook Bank, examines the commercial property investment market Given the array of changes affecting the residential investment market, it was perhaps somewhat predictable to see a resulting uptick in commercial investment enquiries. The prospect of the 3% surcharge on SDLT for residential and the impact of section 24 […]

DEVELOPING AND DELIVERING

Equifinance is gaining a reputation in the marketplace for meeting customers’ needs. Loans Insider met up with Tony Marshall to find out why As managing director of Equifinance, Tony Marshall heads up a team he is rightly proud of; a team that has gone from strength to strength over the past year. The lender has […]

SECOND CHARGE MORTGAGES: TIME TO RE-EVALUATE

Stigma still surrounds the second charge market – but it really shouldn’t, says Masthaven’s head of sales, Jon Sturgess Why are many brokers still not recommending second charge mortgages to their clients? At Masthaven we have plenty of experience in second charge lending and these loans now represent a fair chunk of cases coming into […]

NEW THINKING FROM AN ESTABLISHED LENDER

Gavin Diamond, commercial director – bridging, United Trust Bank, explains its approach to refurbishment lending When you ask brokers what they really want to see from lenders the top selections usually come out something like this: Products to suit niche markets Better service Lower rates More consistent lending decisions Established lenders like UTB constantly look […]

LAW AND ORDER

Shawbrook’s residential mortgages boss tells Loans Insider how he plans to ramp up its specialist lending volumes Shawbrook has seen a fair amount of change over the past few years. Private equity consortium Marlin Bidco took over the business a year ago and number of senior figures who were with the lender from the beginning […]