GB Bank's core buy-to-let range is now available on Iress' Xplan Mortgage sourcing system, offering intermediaries fixed rates from 4.94% on loans between £500,000 and £3...

GB Bank has introduced an off-the-shelf buy-to-let and bridging range for intermediaries, expanding beyond its traditional bespoke lending approach.

SHC Capital has secured the first stage of a multi-tranche investment facility from GB Bank to support a £40m residential property portfolio in North West England.

GB Bank joins the BDLA as a lender member, adding to a trade body that now represents 55 lenders with a combined bridging finance loan book exceeding £13 billion.

GB Bank has completed a £1.5m HMO refinance that allowed an experienced buy-to-let landlord to release equity and continue expanding their portfolio.

The loan is structured over an 18-month term with a six-month extension option.

The property was held via a British Virgin Islands entity, adding cross-border complexity to the transaction.

Residential rates start at 0.79% per month up to 65% LTV.

The facility considered a mix of ASTs and corporate leases in structuring the loan.

The £2.5 million facility supported the transfer of eight self-contained flats into a special purpose vehicle.