West One Loans Comes 2nd In December 2010

February 9, 2011

AOBP's market report for December 2010 showed that West One Loans lent 26% of the total amount lent by UK bridging finance companies, awarding them 2nd place.

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West One Loans Announces 18 Month Bridging Option

February 7, 2011

West One Loans, one of the UK’s largest privately funded bridging finance companies, today announced the launch of an eighteen month bridging option for borrowers.

Bridging loans have a typical life span of up to twelve months; however this longer term option, which carries no exit penalties, as is...

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West One Loans Completes £275K Bridging Loan Within 24 Hours

January 20, 2011

West One Loans, one of the country’s largest privately funded bridging finance companies, today announces the completion of a £275,000 bridging loan inside 24 hours, the fastest in their history.

The application for bridging finance was made to West One Loans and was agreed following a mortgage...

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West One Loans Completes 7 Million Pound Bridge Deal

January 7, 2011

West One Loans, one of the UK’s largest privately funded bridging finance companies, today announced the completion of a £7million bridging loan.

The deal focus was on a substantial property in Belgravia whereby the current owner required refinance and additional funding for further capital...

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Buy To Let Enquiries On The Increase

December 10, 2010

According to a new study from TMA, Intermediaries have reported a rise in buy-to-let enquiries over the last three months.

The survey specifically focused on the buy-to-let sector to see if the return of some lenders into the market had any effect on enquiry levels. Over 50% of those interviewed...

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OFT Warns Estate Agents Of Strict New Policies And Fines

October 6, 2010

The Office of Fair Trading (OFT) has published its interim policy on imposing financial penalties on estate agents and certain credit lenders who have failed to register under its money laundering registration scheme but continue to carry on a supervised activity.

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New skyscraper planned for London’s skyline

October 6, 2010

London’s skyline could be set to change once again if a major developer’s plans to build a new skyscraper go ahead.

Land Securities is said to be in talks with Songbird’s Canary Wharf Group (CWG) over a possible deal, according to reports from Reuters.

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Lloyds puts £100m worth of HBOS property up for sale

October 6, 2010

Over 700 luxury rental properties across the UK could be up for sale as Lloyds Banking Group disposes assets inherited from the Bank of Scotland.

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Funding secured for £50 million commercial property scheme

October 6, 2010

A major property development has been given the green light to continue after it secured vital funding from Santander Corporate Banking.

Halifax's Broad Street Plaza Development in Yorkshire is worth £50 million and is already 70 per cent pre-let, according to the Yorkshire Post.

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Broker banned and fined over £250k for paying kickbacks

October 6, 2010

The Financial Services Authority (FSA) has fined a broker £252,239 for acting without integrity.

Fabio Massimo De Biase, a former cash equities broker, was slapped with the £252,239 and also banned from working in the financial services industry on the grounds that he is not a fit and proper...

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