You are here: Home - Specialist Lending - Bridging -

Bridging

ASTL suspends Amicus membership

by:
  • 14/12/2018
  • •
  • 0
ASTL suspends Amicus membership
The Association of Short Term Lenders (ASTL) has suspended Amicus Property Finance’s membership.

 

In a statement issued today, the trade body said it was making the move following the halt to Amicus Property Finance’s lending.

ASTL CEO Benson Hersch (pictured) said: “The membership of Amicus plc has been suspended by the ASTL whilst the company continues to consider its position, and future.”

Earlier this week Amicus Property Finance confirmed it was not conducting any further lending after its shareholders were unable to reach an agreement on an investment deal.

Amicus group head of marketing and communications Andrew Bullock told Specialist Lending Solutions the lender was taking advice on its next steps but that nothing had been confirmed yet.

Related Posts

Share This Article
Tags

Owain Thomas is features and contributing editor of Mortgage Solutions and editor of Specialist Lending Solutions. He also has experience in the protection, pensions, workplace benefits and HR areas. Owain has won two Headline Money Awards and the Protection Review's Journalist of the Year award.

There are 0 Comment(s)

You may also be interested in

Email Newsletter

Sign up for our newsletter

  • RT @OTJournalist: Tony Salentino of @completefs1993 has been a major character of the packager and specialist mortgage market for two decad…
Follow Us

>
  • Useful Links:
  • Follow Us
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 302 High Holborn, London WC1V 7JH, Company registration number 8938488.
AE3 Media Limited is authorised and regulated by the Financial Conduct Authority
The principal business of AE3 Media is journalism. As our website contains links through to firms which provide consumer credit we have limited permission to undertake credit broking activities and for these limited activities only AE3 Media Limited is authorised and regulated by the Financial Conduct Authority
We take reasonable care to correct errors or omissions on our site as soon as we can after we are made aware of them. However, we do not guarantee that all information is accurate and free of errors and omissions at all times and we do not accept any responsibility or liability for any loss you may suffer as a result of information on this site not being accurate at all times.
We do not recommend or accept any responsibility for any third party provider’s products, services, information, advice or opinions provided to you either directly or via their websites. We will not be responsible to you if any product or advice you obtain form a third party is not suitable for you or does not meet your requirements. Any links to a third party provider’s website on this site are for your convenience only. If you contact a third party provider advertised or mentioned on this website, either directly or via a link, any use by you of the third party provider’s website, products or information will be subject to the third party provider’s own terms and conditions. You should read these carefully.

Read previous post:
hand holding a computer mouse
‘Advice market never has period of stability to allow FCA rules to bed in’ – Star Letter 14/12/2018

Each week Mortgage Solutions and its sister title Specialist Lending Solutions select the most thoughtful or thought-provoking comment for Star...

Close