THE LENDHUB WAY

Lendhub grows their team with three new hires

Lendhub welcomes three new additions to their team following a record Q2. Bhavisha Purohit joins the specialist lender as a senior credit manager. Having previously held the position of legal underwriter at MT Finance, Bhavisha will be bringing her skills and experience from her extensive legal background into her new role and become part of

Lendhub celebrates record quarter

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,

Lendhub completes record £13m bridging loan.

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 assists ambitious developer with the completion of a of a £2.5m facility.

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

Lendhub continues to grow team with appointment of Sally O’Loughlin as Credit Manager.

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 completes double bridge for borrower

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

Lendhub’s Asim Shirwani features in the Bridging and Commercial Power list 2021.

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

Lendhub kick-starts the year with a £2.5m commercial bridge completion.

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 launches fixed fee residential and light refurb bridging products.

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 bolsters sales team with two new appointments

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 complete bridging loan in five days

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 hires Wesley Hawthorne as Business Development Manager

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 overcome obstacles to complete £580k bridging loan

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 announced the appointment of Asim Shirwani as their new Chief Commercial Officer.

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

Get to know the Lendhub team! Each day we will be posting a staff member’s experience of lockdown

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

Get to know the Lendhub team! Each day we will be posting a staff member’s experience of lockdown

QUARANTINE LIFE: LENDHUB MENAKHA NATHAN, CASE MANAGER HOW HAVE YOU FOUND YOUR NEW WORKING ENVIRONMENT? Happy, relaxing and stress free. What I gain in time and energy per day, I can put towards my toddler. This new environment gives me a better work/life balance. WHAT KEEPS YOU MOTIVATED? Being able to work for a company

Get to know the Lendhub team! Each day we will be posting a staff member’s experience of lockdown

QUARANTINE LIFE: LENDHUB ANYA SAKALAUSKAITE, SALES EXECUTIVE HOW HAVE YOU FOUND YOUR NEW WORKING ENVIRONMENT? The working from home aspect has been one of the many challenges, as finding working space and creating a working environment in a small one bed flat is fairly difficult (very envious of those with access to a garden!). On

Get to know the Lendhub team! Each day we will be posting a staff member’s experience of lockdown

QUARANTINE LIFE: LENDHUB WILLIAM PHUNG, ANALYST HOW HAVE YOU FOUND YOUR NEW WORKING ENVIRONMENT? Convenient! Super quick to get to the office but definitely different without the team around. We finally also managed to move to our new home during lockdown and have built a little pull out desk (good for saving space) to accommodate

Lendhub completes £1.5m development loan despite challenges during lockdown

Specialist lender Lendhub have completed a development loan of £1.5m which will enable the refinance and development of a property located in Epsom, Surrey. The property – currently a detached house, will be demolished to allow for the ground-up development of six flats comprising of 1,2 and 3 bedrooms. Located just over half a mile

Specialist lender Lendhub have bolstered their team with two new appointments.

Anya Sakalauskaite joins from Oblix Capital and will fulfil the role of Sales Executive. Anya will be the first port of call to assist brokers and borrowers with their bridging and development enquiries, identifying any new opportunities for business.   Menakha Nathan joins from Octopus Real Estate where she gained over four years experience. In her new Case Manager role, Menakha will be

Lendhub expands product range following the completion of their second mezzanine facility of 2020.

Lendhub have announced they will now be offering mezzanine funding following the completion of a £1.6m mezzanine arrangement that will enable the conversation of a large commercial unit into 248 apartments. The development is located in South East Birmingham, situated close to shops, amenities and multiple train stations, thus making it a very attractive investment

Specialist lenders collaborate to fund large development in Canary Wharf

Specialist lenders, Aldermore, Lendhub and Proseed Capital have collaborated on a £34m finance facility to enable the conversion of a large commercial unit into 108 units in Canary Wharf with a gross development value of £55m. The facility is majority funded by Aldermore who have provided £29m, making it their biggest property development deal to

Specialist lender ‘Lendhub’ boosts team with new case manager.

Janki Amin joins Lendhub as Case Manager from Hampshire Trust Bank where she worked as a Completions Officer for the previous five years. In her new role, Janki will be the dedicated first point of call for brokers to assist with updates and actions on cases and ensure each stage is completed well within timescales.

Visit us on stand B6 at the FP Show for a live demo of myLendhub

Stop by and see us to see a live demo on how our loan processing system ‘myLendhub’ can transform the way you do business!

It’s here! Lendhub launches online loan processing platform – myLendhub

Specialist lender, Lendhub have announced the release of their online loan processing platform ‘myLendhub’ The bridging and development lender has released a new online system that is set to radically improve the lending process and provide a seamless experience from enquiry through to completion and beyond. The intuitive platform has been built with the broker

How we assisted a developer achieve their goals with a £4.5m development stretched loan

Lendhub have assisted a developer to achieve their goals with a development stretched loan of £4.5m Lendhub were introduced to this commercial development and were immediately keen to help the borrower achieve their plans. The borrower required funding to refinance the existing debt and 100% development funding to develop their vacant commercial office in Richmond upon

BLD: The Five Minute Interview with Maria Curatolo, Underwriting Manager

Lendhub are a specialist lender that provides short-term property finance to the non-regulated property market. Their background at Lendhub is property. They understand the challenges property investors and developers face. Their  dynamic and pragmatic approach allows them to deliver quickly with minimal fuss. Lendhub offers genuine speed with direct access to the decision makers. We speak to

A £1.1m bridging loan to assist with the refinance of our client’s assets

Bridging and development finance provider, Lendhub has completed on a £1.1m bridging loan to assist with the portfolio refinance of a clients assets. The client required the bridge after a delay in the sale of his property resulted in a short-fall of funds required to complete their refinance and they were faced with high charges. Raising funds

Lendhub completes complex £2.7m residential bridging loan

Lendhub has completed a complex £2.7m residential bridging loan for a development consisting of 26 flats and five houses. The loan — which was provided in 10 days — was issued to the client, who was part-way through the scheme, when cost overruns resulted in a shortfall in funds. As the facility was secured against

Bridging and Commercial – An interview with Christopher Adamou

In an interview with Bridging & Commercial, Christopher Adamou, managing director at Lendhub (pictured above), discusses the lender’s rebrand, its upcoming plans and concerns for the bridging market. You recently revealed a rebrand. What should brokers expect from the new-look Lendhub? We have created a brand that we feel reflects our ambitious and creative nature. We

We have moved! Our new office is at 143 New Bond St, Mayfair, London, W1S 2TP.

Stop by for a cocktail at stand F05 NACFB! Come find out how Lendhub can assist your brokerage!

……

Visit stand F05 at the NACFB Expo next week and meet the Lendhub team for a drink!

The product guides have arrived!! Get in touch to grab one!

Email us at borrow@lendhub.co.uk to receive your copy with a coaster.

Thank you to everyone who entered our Easter “Find Splodge” competition! The lucky winner was…..

Geoff Morrey-Jones, who won his colleagues at Prydis a fabulous Cadbury’s Easter hamper.

Celebrate Easter with our Find the Splodge Competition!

To celebrate our new brand and easter we will be giving away a chocolate egg hamper for the winner of our find splodge competition.

We are delighted to announce our new funding line from OakNorth, extending our capacity by £75m.

Lendhub have secured a new funding line from challenger bank, OakNorth, the specialist bridging and development lender extending their lending capacity by £75m   OakNorth has provided a loan-on-loan facility to Lendhub, the specialist lender providing bridging and development loans against both residential and commercial property; The management team at Lendhub has run a successful

Going to MIPIM? Come along and have a chat, meet us in Cannes.

Heading to MIPIM? Contact Christopher Adamou to arrange a meeting with Lendhub in Cannes.

Meet our new Head of Marketing

Gemma joins the specialist lender from Oblix Capital, where she served as marketing manager. Before that, she worked in marketing at Close Brothers and Icelandic bank Kaupthing Singer & Friedlander. Christopher Adamou, managing director at Lendhub, said: “Gemma’s experience within the industry and passion for marketing made her an ideal addition to the team at

Meet our new BDM Max Herman

Max joins the specialist lender from Mint Bridging, where he spent two years as a business development manager. During his time at Mint, Max developed experience in deal origination and also worked within the underwriting team. In his new role, Max will focus on educating his network of brokers on the Lendhub’s proposition. “Max’s experience

Meet our New Case Manager William Phung

William joins us from Magellan Homeloans, where he also held the role of case manager. Prior to this, William served at Grant Thornton and at an IFA firm, where he dealt with mortgages. At Lendhub, he will assist borrowers and brokers with their applications and work closely with the underwriting team, obtaining the information required

Meet our new Underwriting Manager

Maria joins from Oblix Capital, where she also held the post of underwriting manager. Prior to Oblix, Maria spent four years with Fortwell Capital as an underwriting case manager and has also previously held underwriting roles at both Santander and Abbey for Intermediaries. At Lendhub, Maria will look to continue the lender’s commitment to delivering

Meet Costas, one of Lendhub’s BDMs

Costas has been in the industry for a number of years, working for both mainstream and alternative lenders. His experience allows him to adapt to different situations and tackle any obstacles head on. Costas, what’s your role at Lendhub? As the Business Development Manager my role is to network with active brokers in the industry

An introduction to Lendhub

Lendhub – the specialist bridging and development finance provider – aims to make waves in the industry as the new “lender of choice”. Founder and managing director Christopher Adamou (pictured below) – a chartered accountant, who previously worked in the banking and capital markets team at Deloitte – launched the relationship-based lender in September 2016

Get in touch

020 3657 1900
borrow@lendhub.co.uk

© 2019 LENDHUB.

Lendhub Limited is registered in England & Wales. Registered Company Number: 10389118. Registered Address: Chase House, 305 Chase Road, London, N14 6JS

TOP