Lendhub announces a record number of facilities in Q2 ahead of stamp duty deadline. The announcement comes during a period of rapid growth for the specialist lender, who reported a steady rise in applications in the first half of 2021, with Q2 exceeding all previous records. As the stamp duty holiday came to a close,

The specialist lender has announced a milestone achievement in completing its largest loan to date. The £13m facility assisted an experienced property professional in refinancing a portfolio of 15 residential properties, including a number of HMOs and land with planning permission. This enabled the borrower to exit their existing facility which they were experiencing several

Lendhub have completed a £2.5m deal to assist a borrower with a diverse and interesting project. Introduced by Hydra Capital, the 21-month facility was agreed at 66% LTGDV and enabled the developer to purchase a South London, period, mixed-use property with extensive plans to extend and expand the building. The project includes construction of a 4-storey rear extension to create five dwellings and convert the current upper floors from offices to residential units.    Asim Shirwani, Chief Commercial

Sally joins from Octopus where she was previously Junior Development Underwriter, and before that a real estate Commercial Analyst for Metro Bank. Sally, who is originally from Wellington, New Zealand will be underwriting Lendhub’s bridging and development transactions and working closely with the BDMs to complete cases. The new appointment is the 6th new hire

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