UK Lending

CrowdProperty Beats Target With £ 1.8M fundraiser

CrowdProperty, the peer-to-peer real estate lending platform, has completed a £ 1.8m fundraising round, surpassing its £ 800,000 target. This follows the conclusion of a £ 300 million institutional line of credit agreement with a new, unnamed investment manager. Continue reading: The oversubscribed fundraiser by CrowdProperty is intended to stimulate …

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Robocash outlines investment strategies for its lenders

Robocash has outlined three strategies that lenders can use to increase their profitability when investing in the platform. The European peer-to-peer lending platform highlighted the reinvestment strategy and interest capitalization which means continuous investment. Continue reading: Robo.cash customers rank investments higher in spending priorities Robocash said that if a lender …

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Fiduciam closes complex bridging loan in Belfast

Fiduciam completed a bridging loan on a property in Northern Ireland within six weeks. The complex bridge stood against a five-story office building in the center of Belfast, the former headquarters of the tax firm KPMG. The borrower had redeveloped the property late last year, but the work was affected …

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Affects defaults and negative equity on the horizon

For UK borrowers, defaults and negative equity risk could be on the horizon, experts said, referring to the latest data. The Bank of England forecast “an increase” in defaults on secured loans to households between July and September, after the default volume had “remained unchanged” in the previous three months. …

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Businesses use wages, tuition, and TikTok to hire

Chipotle and Target are among the companies using TikTok to recruit new youngsters from the Gen-Z, writes CNBC. TikTok Resumes is currently a pilot program and allows applicants to post their resume on the popular video streaming site. WWE and Shopify have also been listed as participants by CNBC, and …

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How a “green” home could cut mortgage costs

Energy efficient home owners could save hundreds of pounds by opting for a green mortgage – available from a growing number of lenders By Rachel Lacey, Sunday Finance Mail Released: 4:52 PM EDT, July 17, 2021 | Updated: 6:24 PM EDT, July 17, 2021 Energy efficient home owners could save …

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