Loans Warehouse has completed its first bridging loan with Castle Trust Bank to support the purchase and refurbishment of an investment property in Andover, Hampshire.

The client was purchasing a three-bedroom semi-detached home for £255,000 through his limited company, with the property requiring significant improvement works and was not considered suitable for a conventional buy-to-let mortgage in its current condition.

Castle Trust provided a 12-month, first-charge bridging loan at 80% LTV, with a monthly interest rate of 0.73%. The facility delivered a net loan over £200,000 against the £255,000 purchase price.

Hope Capital Property Finance has strengthened its relationship with Shawbrook Bank, with its committed funding facility increasing to £50m.

The enhanced facility follows an initial £15m facility in 2023, which was followed by further increases in 2025 and 2025.

The increase reflects Hope Capital Property Finance’s sustained growth and Shawbrook Bank’s continued confidence in the business.

AJ Bell has promoted Charlene Young to the role of head of technical.

In the newly created role, Charlene will lead the firm’s technical capability across pensions, investments, tax, financial planning and advisers practice.

Young has worked at AJ Bell for over 12 years, and also has experience as a chartered financial planner and paraplanner. The firm said she is well placed to lead its technical team and help advisers and customers navigate an increasingly complex tax and financial planning environment.

---