
HREF provides £3.2m bridging loan for East Midlands rental homes
The 12-month facility gives the borrower time to arrange a refinance with established buy-to-let (BTL) mortgage providers later this year.

The 12-month facility gives the borrower time to arrange a refinance with established buy-to-let (BTL) mortgage providers later this year.

The housebuilder, based in Staffordshire, completed more than 160 homes in 2025, with turnover above £75m.

The deal refinanced an office-to-apartment conversion and moved from offer to completion in four hours.

Leon Binns, company director at LJB Estates, said: “With Alto’s all-in-one CRM, we can finally bring everything together in one simple, cloud-based system."

Matt Vincent said: “Our proposals offer a diverse mix of properties tailored for FTBs, growing families, and downsizers seeking style and comfort without compromise."

The East and West Midlands, North West, North East and Yorkshire and the Humber accounted for 47.4% of new BTL mortgaged purchases by volume.

Leung said: “I look forward to working with colleagues and clients to help deliver developments that support the future of our towns and cities.”

Glyn Mutton, Richard McMullen, Alex D’Angelillo and Helen Spicer have all joined Muse Places.

The average price for a first home in Leek was £191,359, and six of the 10 most affordable market towns for FTBs were in the Midlands.

In his new role, he will focus on growing Reward’s network of introducers and providing asset-secured funding for SMEs across the Midlands.

Steve Emblem said: "The Midlands is a competitive region, and I’m ready to help conveybuddy make a real impact.”

Of the total, £103m was lent to developers in the West Midlands across 11 schemes, while £45m financed five projects in the East Midlands.
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