You are here: Home - Specialist Lending - Bridging -

Kuflink Bridging predicts commercial property expansion with new hires

by:
  • 17/10/2017
  • 0
Kuflink Bridging predicts commercial property expansion with new hires
Kuflink Bridging expects additional growth in the South East and has expanded its underwriting and case handling capacity to reflect increasing business volumes.

The bridging lender is part of The Kuflink Group and said new business had almost doubled during 2017. It was also confident looking ahead into 2018.

Narinder Khattoare (pictured), group operations director at Kuflink Bridging, said most of the firm’s bridging loans were arranged for auction purchases of investment properties and redevelopment and renovation projects.

“We expect to continue to see deals coming from these areas as well as increased requests for funding for purchase of semi-commercial and commercial property.”

He added: “Based as we are in Gravesend, the majority of deals tend to be from London and the South East, although we do lend nationwide.”

The company has appointed Richard Clare and Stuart Boag as senior underwriters and Debbie Paxton and Clare Smith as case managers.

Underwriter Clare has over 25 years of experience in the financial services industry and joins from Amicus Plc. Boag also joins from Amicus Plc and has longstanding financial services experience.

Commenting on the new appointments, he said: “The recruitment of Richard and Stuart to head up our underwriting and packaging unit as well as the arrival of Debbie and Clare to case manage new business, will help us maintain our enviable service record and provides a strong team base for further recruitment and expansion of the services we offer intermediaries.”

There are 0 Comment(s)

Comments are closed.

You may also be interested in

Bridging

Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.

Commercial

Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions
Read previous post:
/IMG/765/267765/noel-meredith-united-trust-bank.jpg
Reform planning ‘lottery’ to unlock SME housebuilding – United Trust Bank

United Trust Bank has called on government to radically reform the planning system to assist smaller developers and builders play...

Close