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Debenhams Ottaway joins the ASTL

Debenhams Ottaway has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member.

Debenhams Ottaway is a multi-service law firm that works with businesses, individuals and families in Hertfordshire, London and across the UK, helping them make the most of new possibilities or deal with unexpected challenges at home or in business. It offers services that include banking finance and loan agreements, litigation and dispute resolution, and corporate insolvency and restructuring.

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Buzz Capital joins The Association of Short Term Lenders

Buzz Capital has become the latest lender to join the Association of Short Term Lenders (ASTL).

Brighton-based, Buzz Capital provides simple, straightforward bridging finance up to 75% LTV for a range of purposes, including purchase, refinance and refurbishment of residential or semi-commercial property; commercial to residential conversions and development exits, as well as bespoke financial solutions for individuals with complex circumstances.
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Bridging market continues strong performance in Q3 2021

The latest ASTL data shows the bridging market continuing to deliver strong, sustainable growth in Q3 2021, with applications and loan books both higher than in Q2, while the value of loans in default has fallen for the third consecutive quarter.

The figures, compiled by auditors from data provided by members of the Association of Short-Term Lenders, show bridging applications reached a record high of £7.72bn in the quarter ending September 2021, an increase of 4.9% on the previous quarter.
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A Shade Greener Finance joins the ASTL

A Shade Greener (ASG) Finance has become the latest lender to join the Association of Short Term Lenders (ASTL).

Established in 2013 to provide commercial finance to UK businesses using funds generated from the associated renewable energy company, A Shade Greener Ltd, ASG Finance provides a suite of tailored financial solutions including bridging finance, development finance, medium term lending and asset backed working capital. It also offers business recovery and restructuring and profit share development finance. Loan sizes are available from £500k to £7m.
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Bridging Watch: Strong foundations for sustainable growth

The latest lending data from the ASTL presents plenty of reasons to be positive about the bridging market. The figures, which are compiled by independent auditors using data provided by members of the Association of Short-Term Lenders, show bridging completions were £1.1bn in Q2 2021, an increase of 23.2% on Q1. Bridging loan books reflect this increase in completions and now stand at over £4.7bn.
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Strettons joins the ASTL

Strettons has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member.

Strettons is a leading, independent firm of property advisors with expertise across a wide range of commercial and residential property, giving advice to buyers, owners, occupiers, investors, developers and more. Its core teams cover agency, property auctions, property and asset management and valuation and advisory services.
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ASTL data paints positive lending picture for Q2 2021

The latest ASTL data shows an almost universally positive set of results for bridging lending in Q2 2021, with completions increasing, applications remaining strong and defaults falling.

The figures, compiled by auditors from data provided by members of the Association of Short-Term Lenders, show bridging completions were £1.1bn in Q2 2021, an increase of 23.2% on Q1. Bridging loan books reflect the increase in completions and now stand at over £4.7bn.
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