News

News from The Enra Group

  • West One Loans reacts to the Budget

    March 18, 2016

    Housing is not only the nation’s favourite dinner party conversation topic, but also something of a political football passed between the parties, and debated at length in the corridors of power. It is no secret that the nation has long…

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  • West One Loans comments on the impact of the MCD on the bridging sector

    March 10, 2016

    Stephen Wasserman, Director of West One Loans, comments: “It’s very unlikely that there will be a decline in residential bridging lending as a result of the MCD. The new regulation is relatively straightforward to implement and may actually boost lending,…

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  • Bridging lending breaks £3.5bn barrier ahead of new regulatory regime

    March 8, 2016

      Gross annual bridging lending has broken through the £3.5bn barrier in 2015 according to the latest West One Bridging Index. This annual lending figure equates to £13.9m worth of transactions each working day in 2015. The bridging sector is…

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  • WEST ONE LOANS TO EXTEND MCD BROKER WORKSHOP PROGRAMME

    February 5, 2016

    Following a successful pilot event, bridging lender West One Loans is to hold a series of broker workshops for intermediaries explaining the implications of the EU Mortgage Credit Directive ahead of its implementation on March 21st. The initial breakfast session…

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  • Bridging Watch: M-C-D, easy as 1-2-3

    January 29, 2016

    Unless you’ve been living under a particularly large rock for the last few years, you can’t help to have noticed the Mortgage Credit Directive (MCD) and the extensive preparations that the specialist finance industry has undergone to ensure readiness for…

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  • WEST ONE LOANS STRENGTHENS SENIOR TEAM WITH RAFT OF NEW APPOINTMENTS

    January 15, 2016

    Bridging lender West One Loans has bolstered its ranks with a number of high profile appointments who bring more than 100 years of financial services experience with them to the organisation. Paul Simpson joins the short-term finance provider as Director…

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  • West One Loans Completes £400m Of Business In 2015

    January 8, 2016

    West One Loans completed almost £400m of gross lending in 2015, confirming its status as the short-term finance provider of choice for a significant swathe of bridging borrowers. With the latest West One Bridging Index placing the total size of…

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  • What does 2016 hold for the buy-to-let market?

    December 24, 2015

    George Osborne dealt a hammer blow to the buy-to-let sector in his Autumn Statement with the news that higher rates of Stamp Duty will be charged on additional residential properties above £40,000, such as buy-to-let properties and second homes, from…

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  • WEST ONE LOANS LAUNCHES INVESTOR PLATFORM

    December 11, 2015

    Bridging lender West One Loans has launched an online platform to allow their investors to better interact with their portfolio performance. In addition, new investors will be able to commit funds quicker and easier than before through a streamlined web…

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  • West One Loans comments on the Chancellor’s Autumn Statement

    December 4, 2015

    “Housing once again takes centre stage as it often does around Budget and Autumn Statement time as the Government acknowledges two things – how chronic the housing shortage is in the UK and how important an aspiration homeownership is to…

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