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Loans secured against two owner-operated hotels in Sussex and Buckinghamshire
The additional facility will support the lender’s core mortgage and bridging propositions
Loan will support £1.5m Buckhurst Hill scheme
Former LDN Finance specialist finance head takes on leadership role
The lender boosts underwriting team following solid results
New commercial finance solutions provide tailored funding routes from £50,000 to £8m
Lender supports project from development finance to commercial mortgage
New initiative provides access to technology, support, and lender relationships
Brokers can see sample case reports and full pricing as part of the new site
Increased private funding support helps deliver more competitive rates
Bringing six loans into a single structure will make repayment more manageable
Residential, BTL, bridging and commercial criteria will all be available for brokers to check
An AVM and dual representation were used to streamline the application process
Strong demand means Allica is on course for £250m of bridging originations this year
He will be based in Glasgow and work across Scotland and the North of England
The facility was approved within 24 hours and completed in 10 days
Refinancing supports continued investment and long-term growth at luxury hotel
The initial bridge was transferred to a refurb facility via an uplift fee
Exit will be achieved through the sale of the borrower’s current London property
The lender’s new office is designed to support future growth and collaboration