NEWS
Collateral Warranties, what are they & why are they important?
by Nick Lynch, Senior Underwriter at Bath & West Finance. As a principal funder, collateral warranties are used as a supporting document to a primary contract where an agreement needs to be put in place with a third party outside of the primary contract....
The benefit of a ‘Red Book’ Valuation
by Joel Lea, Senior Underwriter at Bath & West Finance.As a principal lender, we appreciate the necessity of carrying out a RICS ‘Red Book’ Valuation to help us assess the financial risk of a property – whether housing, commercial or semi-commercial properties, or...
Spotlight on property conversions and refurbishments
by Martyn Smith, Managing Director at Bath & West Finance.I’ve been in the specialist lending arena for over thirty-five years, and bridging finance has near enough remained close to its origins of being flexible, short-term finance which is secured against property ....
Bridging Industry stalwart Matthew Anderson joins Bath & West Finance
Matthew Anderson has joined West Country bridging lender Bath & West as commercial director. Anderson has over 25 years experience in the bridging and development finance markets, formerly heading up development lending at Amicus Finance and prior to that, at...
Should unregulated bridging really be driven by borrower status?
A recent report into the bridging market, penned by EY Financial Services, articulated some interesting features of the current short-term market that bear a little more thought. According to EY’s analysis, growing competition in the bridging market ‘requires lenders,...
Thematic review of the short-term sector: Is it time to re-visit the basics of bridging?
The bridging market has changed a lot over the past decade. No longer is the dominant model to have a number of private individuals funding short-term development projects, underwritten on a case by case basis and priced typically at between 1.5 and 2 per cent a...