Mortimer Street Capital has arranged a £4.1m development exit bridging facility for a client who had recently built a 22-unit scheme in a gated development in Surrey.

Aspen's latest bridge for an international client is helping to cement its growing prominence in the high-end London market.

Utilising title indemnity insurance and using the VAS valuation panel manager, the deal progressed from credit approval to completion in just 28 days.

The specialist property finance marketplace has announced that it has expanded its lender panel to include over 100 lenders and secured its first exclusive rate.

The loan totalled £1,378,000 and enabled repayment of development funding on a completed residential project.

Aspen finalised a rapid £1,650,000 Development Exit bridge at 80% LTV when an experienced developer required a quick release of equity after a proposed sale fell through at the...

Recognise Bank has announced the approval of a £7,500,000 bridging loan which has been extended to support the costs associated with a new project following the signing of a long...

The new funding allows the firm to expand its product line and further support property developers

Aspen has completed a £1.7m Development Exit bridge at near 80% LTV in 20 days, with offer acceptance to completion being turned around in only 72 hours.

Aspen Bridging finished 2023 on a high, completing a £2.8m Development Exit bridge on a 14-unit development of houses in New Romney, Kent.