Hilco Real Estate Finance (HREF) has launched a lower-priced lending products and introduced a £100m lending target for Q4.
The firm said that due to a “lower interest rate environment and increasingly efficient internal capital” it was able to offer bridging loans starting from 0.79% per month and is aiming to “significantly increase” market share in the last few months of the year.
Sean Adams, managing director of HREF, said: “As we head into what we believe will be a very busy autumn in bridging, we wanted to offer our introducing brokers the most competitive rates and terms designed to win business and meet the specific needs of their clients. Coupled with our speed, flexibility and most importantly reliability we are well positioned to grow market share.”
The firm was launched in 2023 and offers “bespoke, flexible property finance solutions” including short-term loans, acquisition opportunities, development exits and refinancing exits with loan sizes ranging from £3m to £100m+.
The company joined the Bridging and Development Lenders Association, formerly known as the Association of Short-Term Lenders, earlier this year and has also hired Duncan Pearson as a senior business development consultant and Steve Allen as a senior business development manager (BDM).
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
