Tag Archives: Steven Nicholas

Lenders need to innovate

  Net mortgage lending by the banks may have grown by 0.8% in the year to July according to the British Bankers’ Association, but it was no great surprise to see that the gross monthly figure of £7.1bn had fallen …

Ongoing recession shows the importance of action

  Despite optimistic reports suggesting that the UK economy is to enjoy something of an Indian summer by returning to growth over the next six months and predictions that the Olympics could provide the very kick start needed, the harsh …

Economic outlook weighs heavy on us all

  If we were in any doubt regarding how tough the economic situation is at present then we need look no further than the most recent meeting of the Treasury Select Committee.  The Governor of the Bank of England, Sir …

Tiuta secure seven-figure business financing arrangement

  Tiuta PLC, the short-term loan lender, has today (19th June 2012) announced it has secured a seven-figure financing sum which delivers financial security and stability for the business. The financing arrangement follows an internal restructure of the business designed …

Tiuta launch new product range after securing new funding line‏

  Tiuta PLC, the short-term loan lender, has today (11th June 2012) announced the launch of a new product range after it secured a new funding line from a Central London investment fund. The lender, which recently embarked on an …

Bridging Finance: Boom or bubble?

  The size of the bridging loan sector recently passed the £1bn and various estimates place the value of the market at the end of 2012 at around £1.5bn. Rather than being allowed to revel in this impressive growth spurt, …

Tiuta secures new funding lines

  Tiuta has secured several new funding lines to continue its business transformation process and set it up for more profitable loan trading in the future. Steve Nicholas, managing director of Tiuta, commented: “For several months, Tiuta has continued to …

Fraud prevention the best cure

  Despite the best efforts of all stakeholders in the market, Experian revealed recently that fraudulent applications for mortgages rose by 8% in 2011, making it the fifth year in a row such activity has increased. This means that since …

Budgeting for change

  While we’re always happy to consider all types of loan requests at Tiuta, much of our focus over the past couple of months has been on larger loans between £1m and £30m. A tranche of funds for such loans …

Tiuta announce winner of ‘Trip to New York’ competition

  Tiuta PLC, the short-term loan lender, has today (20th February 2012) announced the winner of its ‘Trip to New York’ competition. The lucky winner of the trip for two to New York was Alan Moss, Director at London-based RSM …