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Workshop heralds NACFB’s London HQ opening

Last week, the National Association of Commercial Finance Brokers (NACFB) opened up the doors of its new London office in the heart of the UK commercial market and a troop of industry visitors...

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FSA fines Bank of Scotland £4.2m over inaccurate mortgage records

Today, the FSA has announced that it has fined Bank of Scotland (BOS) £4.2 million for failures in its systems which meant it held inaccurate mortgage records for 250,000 of its customers. This was the...

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The return of InterBay

InterBay Commercial has today, Tuesday 16th October, launched its highly competitive, flexible and innovative products aimed at the UK small balance commercial market. This news follows the recent...

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The unintended regulated consumer credit agreement

What happens if an unregulated lender offers a regulated consumer credit agreement to its client? Clive Whitfield-Jones, Solicitor Director Jeffrey Green Russell Limited Solicitors explains more… A...

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£2m Mansion Tax: The political squeeze

Over the past month the political parties hosted their respective annual party conferences across the country, but cracks are ever-more apparent now within the Coalition government as a result of the...

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RBS bankers forged documents in £1m mortgage fraud

A banker couple obtained a £1 million mortgage from a high street bank with the use of forged documents, Court News UK reported yesterday. 37 year-old Clive Palumbo and his lover Tracey Morin, 32,...

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Bridging tops uses for asset-based loans

Property-related loan applications have risen by 183 per cent in the last year, according to the latest announcement from the UK’s most prolific asset-based lender borro. borro recorded almost double...

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Masthaven funds £1m bankrupt bridge

Masthaven Bridging Finance has joined forces with Platinum Options to complete a £1 million facility on a former bankrupt’s property. The deal was introduced to Platinum Options’ Specialist Lending...

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Masthaven Bridging expands into corporate market

Masthaven Bridging has announced the appointment of Jan Gallagher as National Corporate Sales Manager. Jan, who joined Masthaven at the beginning of March, comes with a strong background in bridging...

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All we ask is stability

By the time this copy of Business Moneyfacts is in your hands, there will have been an election result of sorts. However, there is every likelihood that the politicians will be arguing over the...

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