blog mortgage118

Tag: Bridging Finance

  • Paragon Expands Mortgage Market with New Bridging Team

    Paragon Expands Mortgage Market with New Bridging Team

    Paragon has announced the appointment of experienced industry professionals, Sanders and Patel, to spearhead the development of its bridging finance proposition. This strategic move aims to enhance Paragon’s offerings in the mortgage market, particularly in the specialist lending sector. With their extensive backgrounds, both Sanders and Patel bring a wealth of knowledge that could significantly impact borrowers and brokers alike.

    TL;DR: Paragon has appointed Sanders and Patel to lead its new bridging finance initiative; this development is set to benefit landlords and investors seeking flexible financing options.

    How Will This Impact the Mortgage Market?

    The introduction of a new bridging finance product by Paragon could provide landlords and property investors with more agile and tailored financing solutions. As the mortgage market continues to evolve, having access to innovative bridging options can facilitate quicker transactions and support investment strategies, especially in a competitive property market.

    Who are Sanders and Patel?

    Sanders joins Paragon with extensive experience in specialist lending, having previously led Omni Capital as CEO and founded Tuscan Capital, which was later sold to Allica Bank. Patel brings significant experience in the industry, having held senior roles at Together, Precise Mortgages, and United Trust Bank, where he served as Commercial Director. Their combined expertise positions Paragon to create a robust bridging finance solution.

    What is the timeline for the new bridging proposition?

    The new bridging proposition will be piloted with a select group of intermediaries before a full launch. This phased approach allows Paragon to refine its offering based on feedback from intermediaries and ensure that it meets market demands effectively.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing one, often used in property transactions.

    How can I access Paragon’s bridging products?

    Once launched, Paragon’s bridging products will be available through selected intermediaries, who will provide guidance on eligibility and application processes.

  • CHL Mortgages Launches New Bridging Finance Options

    CHL Mortgages Launches New Bridging Finance Options

    CHL Mortgages has introduced a new bridging finance range, providing both regulated and unregulated short-term funding solutions for property transactions and refurbishment projects. This development enhances CHL Mortgages’ offerings in the specialist lending sector, catering to borrowers who need quick access to capital for various property-related scenarios.

    TL;DR: CHL Mortgages now offers bridging finance for property transactions and renovations; this expansion supports borrowers needing immediate funding solutions.

    What is Bridging Finance?

    Bridging finance is a type of short-term loan designed to provide quick funding for property purchases, renovations, or other real estate needs. It is often used by property investors and landlords who require immediate access to capital, allowing them to act swiftly in competitive markets or to complete urgent renovations. CHL Mortgages’ new range will cater to both regulated and unregulated loans, broadening the options available for borrowers.

    Who Benefits from CHL Mortgages’ Bridging Range?

    This new offering is particularly beneficial for landlords, property investors, and developers who often face time-sensitive opportunities. The ability to secure short-term finance can facilitate quicker transactions, enabling borrowers to seize opportunities that may otherwise be lost. Additionally, those involved in refurbishment projects can access funds to enhance property value without lengthy delays.

    What This Means for Borrowers and Brokers

    For borrowers, CHL Mortgages’ bridging finance range signifies increased access to funds, which can enhance their ability to navigate the property market effectively. Brokers can also use this new offering to better serve clients seeking flexible financing solutions. As CHL Mortgages is part of Chetwood Bank, its backing ensures secure funding and operational resilience, which is important in the often volatile property market.

    Frequently asked questions

    What types of projects can benefit from bridging finance?

    Bridging finance can be used for various projects, including property purchases, renovation works, and refurbishment projects, providing quick access to necessary funds.

    How does bridging finance differ from traditional mortgages?

    Bridging finance is a short-term solution typically used for urgent funding needs, whereas traditional mortgages are longer-term loans aimed at purchasing property.

  • CHL Mortgages Introduces New Bridging Finance Options

    CHL Mortgages Introduces New Bridging Finance Options

    CHL Mortgages has launched a new bridging finance range, providing both regulated and unregulated short-term funding options for property transactions and refurbishment projects. This move enhances CHL Mortgages’ lending capabilities and aims to assist borrowers who require immediate financial support for various property-related needs.

    TL;DR: CHL Mortgages now offers bridging finance solutions, catering to borrowers needing short-term funding for property transactions and renovations; this expansion supports landlords, investors, and brokers seeking flexible financing options.

    What is Bridging Finance?

    Bridging finance is a type of short-term loan designed to bridge the gap between immediate funding needs and longer-term financing solutions. It is often used in property transactions to secure a purchase quickly or to fund renovations before a property is sold or refinanced. With the launch of CHL Mortgages’ bridging range, borrowers now have more options to access the necessary funds swiftly.

    Who Can Benefit from CHL’s Bridging Range?

    This new offering is particularly beneficial for landlords, property investors, and developers who may require quick access to capital for urgent purchases or refurbishment projects. By providing both regulated and unregulated options, CHL Mortgages caters to a wider audience, ensuring that various property scenarios can be financed effectively.

    What This Means for Borrowers and Investors

    The introduction of CHL Mortgages’ bridging finance range signifies a growing emphasis on flexibility in the lending market. Borrowers can expect more tailored solutions for short-term funding needs, which can be important in competitive property markets. Investors looking to renovate or quickly acquire properties will find this service particularly advantageous, as it streamlines access to necessary funds.

    Frequently asked questions

    What types of bridging finance does CHL Mortgages offer?

    CHL Mortgages provides both regulated and unregulated bridging finance options, catering to various property transactions and refurbishment projects.

    How can bridging finance help property investors?

    Bridging finance allows property investors to secure quick funding for purchases or renovations, enabling them to act swiftly in competitive markets.

  • Paragon Expands Bridging Proposition in Mortgage Market

    Paragon Expands Bridging Proposition in Mortgage Market

    Paragon has announced the appointment of experienced industry professionals Sanders and Patel to spearhead the development of its bridging finance proposition. This move is significant as it aims to enhance Paragon’s offerings in the mortgage market, particularly for landlords and property investors seeking flexible financing solutions.

    TL;DR: Paragon has appointed Sanders and Patel to lead its new bridging finance initiative; this will provide tailored solutions for property investors and brokers in the UK mortgage market.

    Who are Sanders and Patel?

    Sanders brings extensive specialist lending experience, having previously served as CEO of bridging lender Omni Capital. He also founded Tuscan Capital, which he later sold to Allica Bank. Patel, with significant experience in the industry, has held senior roles at various firms including Together and Precise Mortgages, and will serve as Commercial Director. Their combined expertise positions Paragon to effectively navigate the bridging finance market.

    What is the timeline for the new bridging proposition?

    Sanders and Patel will pilot the bridging proposition with a select group of intermediaries in the final quarter of this year, with plans for a full launch in the following year. This phased approach allows Paragon to refine its offering based on feedback from initial users, ensuring that the final product meets the needs of the market.

    What this means for the mortgage market

    The introduction of this bridging finance proposition is particularly relevant for landlords and property investors who often require quick access to funds for property purchases or renovations. With the backing of a FTSE 250 lender, Paragon aims to provide an agile and long-term solution that could enhance the overall mortgage market. Brokers should keep an eye on this development, as it may lead to new opportunities for collaboration and client service.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing one, often used by property investors.

    How can brokers benefit from Paragon’s new offering?

    Brokers can benefit by accessing tailored financing solutions for their clients, potentially increasing their service offerings and improving client satisfaction in the competitive mortgage market.

  • Paragon Launches New Bridging Finance Proposition

    Paragon Launches New Bridging Finance Proposition

    Paragon has announced the appointment of Sanders and Patel to spearhead the launch of its new bridging finance proposition, a move that signals the company’s commitment to diversifying its financial offerings. This initiative is particularly significant for intermediaries and borrowers looking for flexible financing solutions in the property market.

    TL;DR: Paragon has appointed Sanders as managing director and Patel as commercial director to launch a bridging finance proposition; this will provide new opportunities for intermediaries and borrowers in the UK property market.

    Who are the key figures behind this initiative?

    Sanders, who takes on the role of managing director of Paragon Bridging Finance, will lead the development of this new business segment. He is joined by Patel, who becomes the commercial director. Patel brings over 20 years of experience in specialist finance, having held senior positions at various financial institutions, including Together and Precise Mortgages. Their combined expertise is expected to drive the success of Paragon’s bridging finance offering.

    What is the timeline for the bridging finance launch?

    The bridging finance proposition will be piloted with a select group of intermediaries in the final quarter of 2026. Following this pilot phase, a full market launch is anticipated in 2027. This phased approach allows Paragon to refine its offerings based on feedback from initial partners, ensuring that the final product meets the needs of the market.

    What this means for intermediaries and borrowers

    This new bridging finance proposition is poised to create significant opportunities for intermediaries already engaged with Paragon for buy-to-let or development finance. As the market evolves, intermediaries will benefit from a more agile and committed bridging finance option backed by a FTSE 250 lender. Borrowers seeking quick financing solutions for property transactions will find this development particularly beneficial, as bridging finance can provide the necessary funds to secure properties in competitive markets.

    How does this fit into Paragon’s broader strategy?

    The launch of the bridging finance proposition is part of Paragon’s wider diversification strategy. By expanding its product range, Paragon aims to cater to a broader audience and enhance its market presence. This strategic move not only strengthens Paragon’s position in the financial services sector but also aligns with the increasing demand for flexible financing options in the property market.

    Frequently asked questions

    What is bridging finance?

    Bridging finance is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing one. It is commonly used in property transactions where quick access to funds is required.

    Who can benefit from Paragon’s new bridging finance offering?

    Intermediaries working with buy-to-let or development finance clients, as well as borrowers looking for quick financing solutions in property transactions, can benefit from Paragon’s new bridging finance proposition.

  • CHL Mortgages Expands Bridging Finance Offerings

    CHL Mortgages Expands Bridging Finance Offerings

    CHL Mortgages has launched a new bridging finance proposition, providing both regulated and unregulated short-term funding options for property transactions and refurbishment projects. This move enhances CHL Mortgages’ specialist lending capabilities, allowing them to cater to borrowers in need of quick financial solutions across various property scenarios.

    TL;DR: CHL Mortgages now offers bridging finance for property transactions, impacting borrowers needing short-term funding; this expansion supports a variety of property needs.

    What is Bridging Finance?

    Bridging finance is a type of short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing one. It can also be used for refurbishment projects, making it a versatile option for landlords and property investors. With CHL Mortgages entering this market, borrowers can expect more options and potentially competitive rates.

    Who Can Benefit from CHL’s New Offering?

    This new bridging range is particularly beneficial for landlords, property developers, and investors who require immediate funding solutions. Whether it’s for acquiring a new property quickly or financing renovations, CHL Mortgages’ offerings can facilitate a smoother transaction process.

    What This Means for Borrowers

    The introduction of bridging finance by CHL Mortgages signifies a growing recognition of the need for flexible funding solutions in the property market. Borrowers can now access short-term finance that supports various property-related scenarios, enhancing their ability to act quickly in competitive markets. This is particularly relevant for those looking to capitalise on investment opportunities or manage cash flow effectively.

    Frequently asked questions

    What types of projects can bridging finance be used for?

    Bridging finance can be used for property transactions, refurbishment projects, and other short-term funding needs related to real estate.

    How does CHL Mortgages’ bridging finance differ from traditional loans?

    Unlike traditional loans, bridging finance is designed for short-term needs and typically has a quicker approval process, making it ideal for urgent funding requirements.

  • CHL Mortgages Expands Bridging Finance Options

    CHL Mortgages Expands Bridging Finance Options

    CHL Mortgages has launched a new bridging finance range, offering both regulated and unregulated short-term funding for various property transactions and refurbishment projects. This expansion enhances CHL Mortgages’ specialist lending capabilities, catering to borrowers seeking immediate financial solutions in diverse property scenarios.

    TL;DR: CHL Mortgages introduces a bridging finance range for short-term property funding; this move supports borrowers needing quick access to capital for transactions and renovations.

    What is Bridging Finance?

    Bridging finance is a type of short-term loan designed to ‘bridge’ the gap between immediate funding needs and long-term financing solutions. It is particularly useful for property investors and landlords who require quick access to funds for acquisitions or renovations. The newly launched range by CHL Mortgages includes options for both regulated and unregulated loans, making it versatile for various borrower needs.

    Who Benefits from CHL Mortgages’ New Offering?

    This new bridging finance range is particularly beneficial for property investors, landlords, and developers who often face time-sensitive situations. Whether it’s securing a property at auction or funding urgent refurbishment projects, the availability of both regulated and unregulated options allows borrowers to choose a solution that best fits their circumstances.

    What This Means for Borrowers

    For borrowers, the launch of CHL Mortgages’ bridging finance range signifies increased access to short-term funding solutions. This can facilitate quicker transactions and renovations, ultimately helping investors and landlords to capitalize on opportunities in the property market. With CHL Mortgages being part of Chetwood Bank, borrowers can also expect a reliable source of funding backed by a secure banking license.

    Frequently asked questions

    What types of projects can bridging finance be used for?

    Bridging finance can be used for various projects, including purchasing properties at auction, funding renovations, or covering gaps in property transactions.

    How quickly can I access bridging finance?

    Bridging finance can typically be arranged quickly, often within a few days, making it ideal for urgent funding needs.

  • CHL Mortgages Launches New Bridging Finance Range

    CHL Mortgages Launches New Bridging Finance Range

    CHL Mortgages has unveiled its new bridging finance range, providing both regulated and unregulated short-term funding options for property transactions and refurbishment projects. This expansion enhances CHL Mortgages’ offerings in the specialist lending sector, catering to borrowers in need of quick financial solutions across various property scenarios.

    TL;DR: CHL Mortgages now offers bridging finance options, impacting borrowers needing short-term funding for property deals; this move strengthens their position in the specialist lending market.

    What is Bridging Finance?

    Bridging finance is a type of short-term loan designed to bridge the gap between the purchase of a new property and the sale of an existing one. It is typically used for urgent transactions or refurbishment projects, allowing borrowers to access funds quickly. CHL Mortgages’ new range includes both regulated and unregulated options, catering to a diverse set of needs.

    Who Can Benefit from CHL’s Bridging Finance?

    This new offering is particularly beneficial for landlords, property investors, and homeowners looking to purchase properties quickly or fund renovations. With CHL Mortgages being part of Chetwood Bank, borrowers can expect secure funding and operational resilience, making it a reliable choice for short-term finance needs.

    What This Means for Borrowers and Brokers

    The launch of CHL Mortgages’ bridging finance range provides additional options for borrowers who require swift financing solutions. For brokers, this expansion offers a new product to recommend to clients, enhancing their service offerings in the competitive property market. As the demand for fast funding continues to rise, this could lead to increased opportunities for both borrowers and brokers alike.

    Frequently asked questions

    What types of projects can bridging finance be used for?

    Bridging finance can be used for various projects, including purchasing new properties, funding renovations, or facilitating quick sales in property transactions.

    How does bridging finance differ from traditional mortgages?

    Unlike traditional mortgages, which are long-term loans, bridging finance is a short-term solution designed for immediate funding needs, often with quicker approval processes.

  • CHL Mortgages Unveils New Bridging Finance Options

    CHL Mortgages Unveils New Bridging Finance Options

    CHL Mortgages has launched a new bridging finance range, providing both regulated and unregulated short-term funding options for property transactions and refurbishment projects. This expansion enhances CHL Mortgages’ specialist lending capabilities, allowing them to cater to a wider array of borrowers needing quick financial solutions.

    TL;DR: CHL Mortgages now offers bridging finance, enabling quick funding for property transactions; this is significant for borrowers and investors seeking flexible financial solutions.

    What is Bridging Finance?

    Bridging finance is a short-term loan designed to cover immediate funding needs, often used in property transactions. It allows borrowers to secure funds quickly, making it suitable for purchasing properties at auction, financing renovations, or bridging gaps in property sales. With CHL Mortgages’ new offering, borrowers can access both regulated and unregulated options, providing flexibility depending on their specific needs.

    Who Can Benefit from CHL Mortgages’ Bridging Range?

    This new bridging finance range is particularly beneficial for landlords, property investors, and developers who require swift access to funds. Whether it’s for a quick property acquisition or financing a refurbishment project, the availability of short-term finance can make a significant difference in capitalising on opportunities in the property market.

    What This Means for Borrowers and Investors

    The launch of CHL Mortgages’ bridging finance options signifies a growing trend in the specialist lending market, providing more choices for borrowers. With the backing of Chetwood Bank, borrowers can expect secure funding and operational resilience. This development is important for those looking to navigate competitive property scenarios, as it enhances their ability to act quickly when opportunities arise.

    Frequently Asked Questions

    What types of projects can bridging finance be used for?

    Bridging finance can be used for various projects, including purchasing properties at auction, financing renovations, or covering gaps in property sales.

    How does CHL Mortgages’ bridging finance differ from traditional loans?

    Unlike traditional loans, bridging finance is designed for short-term needs, providing quicker access to funds, which is essential for time-sensitive property transactions.

  • RAW Capital Partners Expands Bridging Finance Range

    RAW Capital Partners Expands Bridging Finance Range

    RAW Capital Partners has launched a new range of bridging finance products, enhancing its offerings for UK landlords and investors. This move follows the company’s recent expansion into the UK resident market, which began in December 2025, and aims to provide fast and reliable financing solutions.

    TL;DR: RAW Capital Partners now offers bridging loans from £100,000 to £4 million for UK property investors; with terms from three to 18 months, this is a significant option for brokers and landlords seeking quick funding.

    What is the new bridging finance range?

    The Guernsey-based lender has introduced bridging finance products designed to cater to a variety of property investment needs. Loan sizes range from £100,000 to £4 million, with terms available from three to 18 months. The maximum loan to value (LTV) is set at 60%, with pricing structured on a tiered basis according to LTV. This flexible offering is particularly beneficial for those looking to finance property quickly.

    How does this impact UK landlords and investors?

    The introduction of bridging finance options allows UK landlords and property investors to access quick funding, which is important in a competitive market. With the focus on speed and certainty of execution, investors can seize opportunities without lengthy delays. This can be particularly advantageous for those looking to secure properties that may require rapid transactions.

    Who can benefit from RAW Capital Partners’ bridging finance?

    Brokers and property investors are the primary beneficiaries of this new range. The products are tailored to meet the needs of those who require swift financing solutions, whether for purchasing buy-to-let properties or for other investment strategies. The assurance of quick funding can help brokers serve their clients more effectively, enhancing their service offerings.

    Frequently asked questions

    What are the terms for the new bridging finance products?

    The new bridging finance products offer loan sizes from £100,000 to £4 million, with terms ranging from three to 18 months and a maximum LTV of 60%.

    How can brokers and investors access these loans?

    Brokers can access these bridging loans through RAW Capital Partners, which emphasizes speed and certainty in execution, ideal for quick property transactions.