LendInvest has launched a new funding partnership with asset-based private credit specialist Castlelake. The agreement enables Castlelake to purchase up to £250m in loan purchases and enables LendInvest to scale the firm’s bridging proposition. The new funding represents an evolution of LendInvest’s funding stack. The… The post LendInvest forms funding partnership with Castlelake appeared first on Mortgage Strategy.
Catalyst Property Finance has appointed Charlotte Rayson as its new business development manager for London. Rayson brings a wealth of finance sector experience after starting her career in banking. She has 7 years of experience as a broker, and previously worked at specialist lenders, Lendhub… The post Catalyst appoints Rayson as BDM in London appeared first on Mortgage Strategy.
Around 40% of landlords feel negative about the outlook for buy-to-let, but the majority remain either positive or neutral, new research from Landbay reveals. The lender’s latest survey, conducted at the end of December and start of January, shows landlords are aware of the challenges… The post Majority of landlords remain positive or neutral on prospects: Landbay appeared first on Mortgage Strategy.
Propertymark has forecast an improving outlook for first-time buyers, as modest house price growth and falling mortgage rates create more stability in the market. The property industry professional body expects to see a shift away from house price volatility towards slower and steadier growth. Lenders… The post Outlook for first-time buyers improving, but more help needed: Propertymark appeared first on Mortgage Strategy.
More than 16 million UK adults have now experienced adverse credit, including missed payments, credit card arrears, CCJs and debt arrangements, Pepper Money reveals. Pepper Money’s Specialist Lending Study shows that rising living costs and financial pressures are driving a sharp increase in credit struggles… The post More than 16m UK adults hit by adverse credit: Pepper appeared first on Mortgage Strategy.
