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March Madness
The Lending Channel
Date Published:01/04/2015

   

March and indeed Q1 have been the best since 2008. Income, lending volume and units together with a very diverse range of completed lending solutions in March made it a very rewarding month. We managed to arrange loans through 11 different lenders with this business coming from 19 different introducers. Our highest single commission paid last month was over £5,000.

Some of last month's lending highlights are as follows:

  •     £500k Bridge to help a client downsize their residential property
  •     £160k 2nd Charge on a farm in Highland Scotland
  •     £300k Development Finance for a client building 6 flats to be sold on to a Housing Association for affordable housing stock
  •     £275k to help client develop 2 HMOs
  •     £60k Secured Loan to provide BTL deposit

Now that the bar has been raised, Q2 will be a tough challenge, but with 2 new members of staff joining us soon, we are feeling optimistic!

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The Lending Channel are members of the National Association of Commercial Finance Brokers (NACFB).
2/1 King James VI Business Centre, Friarton Road, Perth, PH2 8DY
Tel: 01738 583008 | Fax: 01738 500402

The Lending Channel are authorised and regulated by the Financial Conduct Authority.
Company number SC334818
Data Protection Act: Z2030159

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