Glenhawk has launched its second free valuation promotion of 2023 following a record month of lending in May, with £54m of loan completions.
For the month of May, the specialist lender saw £54m of loan completions and 65 new loans originated with an average size of approximately £1.2m.
Featured in the small organisations category, Glenhawk’s inclusion is recognition of both the focus it places on talent development and retention and employee health and wellbeing.
The lender is offering an end-of-term discount for those borrowers undertaking light or medium refurbishment who improve the EPC rating of a property.
Glenhawk, the established specialist real estate lender, has appointed Stephen Wrigley as business development manager.
This latest initiative will support the delivery of real estate acquisitions and refurbishment schemes against the backdrop of high inflation.
The product is part of Glenhawk’s strategy to further diversify its current residential, commercial, mixed commercial and development exit product offering.
Glenhawk has launched a new unregulated bridging product set, increasing its maximum loan size from £5m to £10m.
Specialist lender Glenhawk has agreed a £200m senior funding line with NatWest Markets, which will support its ambitions to lend £1bn annually by 2024.
Glenhawk has become the latest lender to join the Association of Short Term Lenders (ASTL).