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April 29, 2024
The Association of Short Term Lenders has joined a wave of industry bodies who want to stop the City regulator from ‘naming and shaming’ firms under investigation and have voiced their protest to Chancellor Jeremy Hunt. The Financial Conduct Authority said it planned to identify firms at the start of an
April 22, 2024
Results Asset Management has become the latest organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Results Asset Management has been involved in the short term property lending industry since 2006. Results AM offers reviews prior to lending, pre- or post- valuation where a
March 26, 2024
Pantera Property has become the latest organisation to join the Association of Short Term Lenders (ASTL) as an associate member. Pantera Property is a firm of chartered surveyors established in 2016. The firm has a dedicated team carrying out secured lending valuations for short term lenders. and provides a national
February 28, 2024
Magnet Capital has joined the Association of Short-Term Lenders. The specialist development finance lender works with brokers and property developers, focusing on residential schemes for new builds, refurbishments and conversions and offers loans that range between £200,000 and £2.5m. Association of Short-Term
February 21, 2024
Bridging loan books hit another record high in the last quarter of 2024, according to the Association of Short Term Lenders (ASTL). Its latest data shows an increase in completions in the fourth quarter of 2023, rising by 18.4% on the third quarter of the year to reach £1.69bn. Loan books also continued to rise over
November 9, 2023
A record number of bridging loans were taken out in the third quarter of this year, with both applications and completions showing strong growth over the period. Figures from the Association of Short Term Lenders (ASTL) show that while the mortgage market as a whole remains subdued, the upward trend in seen in the
November 8, 2023
JMW Solicitors has joined the Association of Short Term Lenders (ASTL) as an associate member. This latest addition means the ASTL now has almost 50 associate members and 40 lender members. JMW's real estate finance team is one of the largest finance teams in the north west of England, with a team of lawyers with
October 3, 2023
Orbis Protect has joined the Association of Short Term Lenders (ASTL) as an associate member. The company specialises in securing and maintaining vacant property throughout the UK. The ASTL is now approaching 50 associate members and more than 40 lender members. Orbis strategic commercial director Tim Hancock says:
September 1, 2023
The Association of Short Term Lenders (ASTL) has appointed two new members to its executive board. Shawbrook Bank’s Gavin Seaholme and Greymax’s Alan Margolis were elected by members from a record number of candidates and votes. In addition, Ray Cohen from Jackson Cohen has been re-elected as an associate member. The
August 7, 2023
Bridging loans fell 5.3% to £1.3bn in the second quarter of the year compared to the previous three months, says the Association of Short Term Lenders shows, even as loan books hit record highs. It adds this “drop was reflected in applications”, which were down 5.9% and valued at £9.2bn in the three months to the