Press

19 June 2019
FIBA Partner United Trust Bank launches dual legal representation for bridging loans

United Trust Bank (UTB) has launched dual legal representation for bridging loans following a successful pilot phase.

Although dual legal representation is common in mortgage conveyances, it is seen as a big step forward in simplifying the legal process for bridging loans. It can facilitate transactions being paid out much more quickly and deliver a significant cost saving for the borrower.

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17 June 2019
FIBA Partner Apex Bridging provides the second exclusive product for the recently launched Bridging & Commercial Club

Apex Bridging has joined Castle Trust in providing the Bridging & Commercial Club with its second exclusive bridging product for its growing number of members.

The product is a refurbishment loan to a maximum of 12 months at 85% LTV of OMV at a rate of 1.15% pm with brokers receiving a procuration fee of 1.50% via the club.  

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14 June 2019
FIBA sponsors new event - 'UK Property Finance – The whole market'

The Financial Intermediary and Broker Association has announced that it will sponsor a new event in London on the 12th September organised by Henry Stewart Property Hub.

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06 June 2019
FIBA Partners Roma Finance appoints Colin Snowdon as Board Advisor

Roma Finance, the bridging and development finance lender, has appointed Colin Snowdon previously Managing Director at Pepper Money, as Board Advisor.

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04 June 2019
FIBA Partner Hope Capital launches lowest ever rates

Hope Capital has launched its lowest ever interest rate for the month of June 2019. Rates on bridging loan applications will be from just 0.69% per month on loans of up to £5million.

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03 June 2019
FIBA adding value through its Professional Partners Panel

At FIBA we are continually looking at ways we can help members fine tune the service they provide and one of the areas we have tackled is a common problem in many commercial property financing deals. One of the frustrations that advisers face is finding legal firms which actually have the relevant experience and expertise to deal effectively with the requirements for commercial or specialist property transactions.

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31 May 2019
FIBA Partner Fiduciam closes €5.5 million loan in Spain, taking loan volume in Spain to over €10 million in May

Fiduciam, the institutionally funded and pension-fund owned marketplace lender, has just completed on a €5.5million loan in Spain in just three days. This takes its volume of lending in Spain up to more than €10 million in just the month of May.

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17 May 2019
Mint Bridging teams up with FIBA at 'exciting time for the market'

The award-winning, short-term bridging lender has just become the latest lender partner of FIBA, one of the UK’s key financial intermediary and broker associations.

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13 May 2019
FIBA Partner Funding 365 Completes Bridging Loan in 24 Hours

Funding 365 has completed a £450,000 residential investment bridging loan in just 1 day to enable a borrower to complete their refurbishment in North West London.

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10 May 2019
FIBA Partner Fiduciam completes on £9m deal in northern England

Fiduciam has just completed a £9m development loan for student accommodation in northern England. The transaction was completed in little over a week.

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