The Bank of England’s Monetary Policy Committee (MPC) has voted to lower the bank rate to 4.5% by a majority of seven-to-two.

Aspen Bridging has completed a complex £2,815,000 residential purchase loan for a house in Woking, Surrey. A foreign applicant put forward four security properties to rapidly secure funds to buy the ...

Together has announced promotion of several long-term employees in its underwriting team, in line with its commitment to colleague development.

Leumi UK has completed a £70m loan to funds managed by Zetland Capital to refinance two four-star Marriott hotels in Manchester and Edinburgh.

VAS has appointed six new team members and introduced a new client relationship manager role. Among the new starters, Joe Bates and Sarah Walker join as quotes executives, and Jemma Nicholson and ...

Arc & Co. has closed a £25.67m bridging loan on a Knightsbridge property. Secured against a vacant nine-unit residential block, the 12-month, 70% LTV facility will refinance the existing lender.

REIM Capital has completed a £2m re-bridge for a semi-commercial and a residential investment property, both in South London.

Blackfinch Property, part of the Blackfinch Group, has provided an £8.8m bridging loan to support a purpose-built 70-bed care home and seven supported living apartments in Blackburn, Lancashire.

United Trust Bank (UTB) structured property finance has completed a £4m commercial bridge on a multi-let industrial unit in Brentford, West London.

SPF Private Clients is launching a business finance division to assist SME owners to access competitive funding solutions.

OakNorth has completed a £2.1m property investment facility to commercial property investor and developer, The Harkalm Group.

New data from Time Finance reveals that 60% of UK SMEs never look beyond their own bank for commercial finance solutions.