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First 4 Bridging comments on Masthaven's bridging rate cut
Wednesday, 18 January 2017
Jonathan Caplan, Director of First 4 Bridging:   “Since the start of the new year, it’s been clear that we’ve seen something of a rate war amongst bridging lenders particularly low level LTV products on residential business for those with clean credit records. Masthaven’s decision today to drop its rate down to 0.49% for both regulated and unregulated business in this space is a further indication of the highly competitive nature of bridging at present, and we, at First 4 Bridging, are very pleased to be one of a few select bridging brokers that have access to this rate. The market is moving particularly quickly – and there will most likely be further responses to these changes – so we would urge advisers to make use of our expertise in this area, and the access we have to these excellent rates, in order to help them secure their client the best product available.”
 
New P2P loans to businesses up 27% in Q4
Wednesday, 18 January 2017
Kevin Caley, Founder and Chairman of ThinCats, said:   “The peer to peer sector continues to provide a real alternative for UK businesses in need of funding, while offering a far more accessible source of finance than high street banks. While the UK’s traditional lenders reported a decline in demand for loans from SMEs in Q4, the P2P sector saw the value of new loans to businesses rise 27% quarter-on-quarter. The sector also saw 4,000 more businesses turn to peer to peer for finance in Q4. This 16% rise was the biggest jump in 2016.
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Contis Group appoints Jason Ollivier as Chief Disruption Officer
Wednesday, 18 January 2017
Contis Group is pleased to announce the appointment of Jason Ollivier to a newly-created executive role, as Chief Disruption Officer. 
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Creditfix reveals top 20 postcodes with the highest percentage of people living in debt
Wednesday, 18 January 2017
The UK's largest personal insolvency practice, Creditfix, has revealed the top 20 postcodes with the highest percentage of people living in debt and currently undertaking an IVA/PTD. Individuals living in Motherwell, Kilmarnock and Glasgow top the list, closely followed by South East London and Plymouth. 
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CEO confidence rises despite new risks and uncertainty
Tuesday, 17 January 2017
While CEOs around the world feel they have plenty to worry about in the year ahead, their confidence in their own growth prospects and their outlook for the global economy are back on the rise.
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Euler Hermes expands 'XoL' cover unit
Monday, 16 January 2017
Euler Hermes, the world’s leading trade credit insurer, has appointed Alexia Parmentier and Tim Hoggarth as co-heads of its City of London based Excess of Loss (‘XoL’) unit with immediate effect.  
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AmTrust welcomes HTB2 lenders' ongoing commitment to high LTV lending
Monday, 16 January 2017
AmTrust International, Mortgage and Special Risks (MSR), the Europe-wide private mortgage insurer, has today welcomed the recent public announcements made by lenders who were formally members of the Help to Buy 2 Scheme about their high LTV mortgage products for those with small deposits. 
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Double-digit growth in asset finance in November
Friday, 13 January 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 13% in November, compared with the same month in 2015.  
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If Data Is The New Water, How Do You Drink Sensibly?
Thursday, 12 January 2017
According to one software and services company, data is ‘the new water’ in our data-driven world. It is essential for businesses to live and grow, just as water is for people. But it hasn’t always been this way…
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Level of unemployed Brits with serious debt issues has tripled since the credit crisis
Thursday, 12 January 2017
Analysis from The Insolvency Exchange, part of TDX Group, the UK’s leading provider of data and technology-driven debt solutions, reveals that 17% of people who hold an individual voluntary arrangement (IVA) are unemployed, compared to just 5% in 2008. The proportion of benefits income for those with an IVA has also more than doubled, up from 10% in 2008 to 25% in 2016. 
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Fwd: Paradigm announce new strategic relationship with Castlight Financial
Thursday, 12 January 2017
Paradigm Mortgage Services, the mortgage services proposition, has today (12th January 2017) announced a new strategic partnership with Castlight Financial, a leading financial capability platform.
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