Home Bridging finance
bridging finance
The investment will allow UK fintech firm LendInvest to expand its mortgage lending strategy, with a focus on environmental upgrades.
The vehicle will primarily lend against PRS and student accommodation assets in Spain and the UK.
The bridging finance specialist, now owned by executive director Dan Smith (pictured) and Arthur Jennings, will continue to focus on medium-sized loans.
The specialist lender is targeting double-digit returns in the UK bridge finance market.
A survey of UK debt trends shows alternative lenders are encroaching further into senior banks’ territory.
JPMorgan has provided a €150 million bridge loan to accelerate Spanish land acquisitions by local developer Neinor Homes.
Amicus Property Finance, the short-term property lender, has announced its largest monthly lending volume since it launched in 2009, with £72 million (€79 million) written during July.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: