Lendhub have announced this week they have completed two bridging loans for one borrower. Collectively, the residential and development exit bridging loans totalling £1.4m will enable the borrower to purchase one property; a three bedroomed house in need of renovation with plans to extend and renovate whilst exiting the development and capital raising on the other. Both properties are located in New Malden South West London and

What they did in 2020 that kept the market moving: Asim joined Lendhub in the middle of lockdown and soon became a vital cog in the company. Within weeks, he had led the on-boarding of five new staff members and provided remote training and development. He filled the void caused by no longer being able to

Specialist lender, Lendhub have announced the completion of a £2.5m commercial bridge in north west London The borrower, introduced to Lendhub by Mantra Commercial, part of the Mantra Capital Group, had previously purchased a commercial block consisting of six office units. Having already sold one of the units, extra funds were required to exit an

Lendhub have announced they have introduced two new bridging products that will provide clarity and transparency by fixing the valuation and legal costs and provide funding up to 100% of refurbishment costs. The new products are available on residential and light refurbishment bridging loans from £250k to £1.5m, up to 75% LTV, for properties located

Lendhub continues its growth with the double appointment of Ashley Kendall and Anna Gibbons to their sales team. The pair are the 4th and 5th members to join the specialist lender during lockdown. As Lendhub’s newest Business Development Manager, Ashley forms part of the company’s growth strategy and will focus on building a strong pipeline

Lendhub have completed a £550k residential bridging loan within five working days, saving the client’s connected purchase from falling through.   The deal was introduced to the specialist lender by a broker it had not previously worked with, with a non-negotiable five working day deadline after the borrower encountered delays in completing a buy-to-let mortgage

Lendhub have announced they have appointed Wesley Hawthorne as their newest business development manager. Wesley, who has extensive experience within real estate, joins from Lendinvest where he was a business development associate. Wesley will now be responsible for new business generation and managing key accounts whilst ensuring the smooth and swift processing of cases. The

Lendhub recently completed a £580k bridging loan enabling their client to raise capital to refurbish a number of properties in their portfolio. To complete the loan within the given timescales Lendhub had to overcome a few challenges. The property used for security was arranged as three self-contained flats, however the borrower’s solicitors were unable to

Lendhub have appointed Asim Shirwani to the newly created role of Chief Commercial Officer. Asim has over 15 years’ experience in financial services, most recently from Lendinvest where he was involved with the origination and execution of residential development and pre-construction bridging facilities. Previous to Lendinvest, Asim held various senior positions at Metro Bank, most

QUARANTINE LIFE: LENDHUB GEMMA PALFREYMAN, HEAD OF MARKETING HOW HAVE YOU FOUND YOUR NEW WORKING ENVIRONMENT? Homely! My new co-workers consist of my pet Beagle, Baxter and two cats, Jack and Bailey. During the sunnier days I have moved my office into the garden and have even managed to a little bit bronzed! WHAT KEEPS