View more on these topics

Aldermore to stop bridging in September


Aldermore Bank will stop taking bridging loan applications from 1 September.

The lender says it is doing this to concentrate on its heartland mortgage areas.

An Aldermore statement says: “As of the 1st September we will no longer accept bridging applications but continue to focus on our core mortgage proposition in, residential mortgages, buy-to-let, commercial mortgages and property development.

“We will honour all existing applications up to and including 31st August 2016.”

The changes will apply across the country.



Bridging Watch: Disciplined lenders can prosper

Homebuyers may encounter more broken property chains in this disrupted market, which bridging may help to solve The post-Brexit financial and political earthquake is still sending tremors through Westminster and the City, even as Theresa May settles into Number 10. Yet this is different from the Lehman fallout, with markets rallying and even sterling showing […]


Stonebridge sets up packager panel of AToM, Complete FS and 3mc

Stonebridge Group has set up a new mortgage packager panel for its appointed representative  firms. The panel has been selected by Stonebridge and will consist of three firms: AToM, Complete FS and 3mc. The trio will package first-charge residential and buy-to-let business. A Stonebridge statement says the three firms beat off competition in areas including […]


Bridging Watch: Keep up to speed with bridging

Bridging’s biggest asset, speed, may prove as important as ever for a market that is constantly adapting to change The bridging market has evolved significantly in recent years but, even as it starts to creep into mainstream territory, it still stands out for one thing – speed. According to MTF’s Bridging Trends, in the first […]


Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]


News and expert analysis straight to your inbox

Sign up