Category Archives: Secured Loans
Shawbrook Bank streamlines secured lending with new system
Shawbrook Bank has launched a pioneering front-end system for secured lending, to make the journey for referrals and its innovative ‘part packs’ more streamlined for intermediary partners. Shawbrook’s new system allows its intermediary partners to securely submit all necessary …
Posted in Secured Loans
Tagged Loans Warehouse, Maeve Ward, Matt Tristram, secured loans, Shawbrook Bank
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Buy to let second charge loans up by 40%
Buy-to-let second charge lending has increased by 40% in the first half of 2012 compared to 2011, according to figures from Blemain Finance. The specialist lender has seen a steady increase in the number of buy-to-let second charge cases …
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Tagged Blemain Finance, buy to let, Gary Bailey, second charge
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Seven banks to review business loan sales
The Financial Services Authority (FSA) has announced that seven additional banks have volunteered to review their sales of interest rate hedging products to small and medium sized businesses. Allied Irish Bank (UK), Bank of Ireland, Clydesdale and Yorkshire banks …
Bank of England Trends in Lending July 2012
This quarterly publication presents the Bank of England’s assessment of the latest trends in lending to the UK economy. It draws mainly on long-established official data sources, such as the existing monetary and financial statistics collected by the Bank …
Bank of England and HM Treasury announce launch of Funding for Lending Scheme
The Bank of England and HM Treasury are today announcing the launch of the Funding for Lending Scheme (FLS). The FLS is designed to boost lending to the real economy. Banks and building societies that increase lending to UK …
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Tagged Bank of England, FLS, Funding for Lending Scheme, HM Treasury
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We are not ‘risk nutters’ stifling the recovery
Article by Andrew G Haldane, Executive Director, Financial Stability and member of the Financial Policy Committee. As recent events illustrate, restoring trust in our banking system is an urgent priority. To do so will require at least three things. First, …
Posted in Secured Loans
Tagged Andrew G Haldene, Bank of Englans, FPC, secured loans
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Asset finance allowing new businesses to invest
Businesses across the UK are turning to asset finance to allow them to invest in much-needed equipment and vehicles, according to the latest figures from the Finance & Leasing Association, which show year-on-year growth of 11% in May1. Car …
Shawbrook builds on its success
Two new highly qualified Regional Business Development Managers will be joining Shawbrook as the bank extends and deepens its regional reach. Tom Clark and Sarah Woolf joined the company in June this year, taking on the responsibility of growing …
Posted in Secured Loans
Tagged Sarah Woolf, secured loans, Shawbrook Bank, Tom Clark
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Paradigm Mortgage Services add Precise Mortgages to panel
Paradigm Mortgage Services, the mortgage services proposition, has today (28th June 2012) added Precise Mortgages to its bridging lender panel. From today, Paradigm’s directly authorised (DA) member firms will be able to access the range of bridging loan deals available …
Posted in Secured Loans
Tagged Alan Cleary, Bob Hunt, Paradigm Mortgage Services, Precise Mortgages
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The evolution of short term lending
Last month seven mortgage networks signed a distribution agreement with Precise Mortgages for short-term lending and we understand more are to follow suit. Prior to this announcement mortgage networks have displayed reticence in associating themselves so publicly with a …