News

Libor is going to be replaced – developers and lenders should be thinking ahead

The interbank borrowing rate used for hundreds of trillions of US dollar and UK sterling financial contracts is destined to become defunct by the end of…

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Posted by oblixcapital on Sep 11 2019

We’ve made further improvements to our Refurbishment bridge

We're delighted to have made further improvements to our Refurbishment bridge product. In June, a revaluation option at Building Control stage was introduced, which allows further…

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Posted by oblixcapital on Aug 30 2019

Permitted Development Rights and micro housing

Are Permitted Development Rights fuelling the increase in micro housing? The UK is experiencing a chronic housing shortage. Earlier this year, Housing charity Shelter reported that…

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Posted by oblixcapital on Aug 27 2019

Does your Development client have a Plan B?

Andy Reid highlights the need for alternative plans The average time taken to sell a residential property has increased from 16 weeks in Spring 2017, when…

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Posted by oblixcapital on Aug 27 2019

If I were to become Prime Minister…

Richard Payne, Director of Development has the answers! As Prime Minister I would of course prioritise peace, tolerance, health and prosperity. Immediately afterwards, I’d address issues…

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Posted by oblixcapital on Aug 27 2019

£2.2M Development Exit bridge processed smoothly and quickly over the summer holiday period

We're delighted to confirm a recent completion for £2.21m on our Development Exit product. The facility was provided to an experienced developer and existing client of…

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Posted by oblixcapital on Aug 20 2019

Creative repurposing of a Midlands warehouse

It’s now rather common for real estate lending companies to refer to their services as ‘specialist’. As the saying goes though, the proof of the pudding…

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Posted by oblixcapital on Jul 30 2019

Construction industry VAT change could sting unprepared contractors

A big change is coming to VAT A big change is coming for construction firms. From 1 October 2019, construction industry firms will need to change…

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Posted by oblixcapital on Jul 16 2019

Default rate transparency should go hand-in-hand with client engagement

By Andy Reid - Sales Director, Intermediary and Network The recent announcement by the Financial Intermediary & Broker Association (FIBA) to start publishing lenders’ default rates,…

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Posted by oblixcapital on Jul 12 2019

Refurbishment Bridge enhancement provides extra flexibility for borrowers

We're pleased to announce that we have enhanced our Refurbishment Bridge product, by allowing the Market Value to be updated at the point of Building Control…

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Posted by oblixcapital on Jun 19 2019

A quick guide to (the now permanent) Permitted Development rights

The Government has recently announced that permitted development rights, which were first introduced as a temporary measure in 2013, will now be permanent legislation. Permitted development…

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Posted by oblixcapital on May 31 2019

Ex-Hampshire Trust CEO becomes Independent Adviser to the Oblix Board

We’re delighted to announce that Mark Sismey-Durrant has been appointed as an Independent Adviser to the Board at Oblix Capital.  Mark has worked in the industry…

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Posted by oblixcapital on May 24 2019

Oblix Capital close off March with a £5.5 million development loan completion

Specialist property lender, Oblix Capital completed a £5.5 million development loan facility, marking a very active period as they amass over £15 million worth of completions…

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Posted by oblixcapital on Apr 10 2019

Oblix Capital appoints new Finance Director

Specialist bridging and development lender, Oblix Capital, announce their latest senior appointment as Steve Rogers joins as the lender’s Finance Director. Steve is a qualified chartered…

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Posted by oblixcapital on Apr 09 2019

Oblix Capital delivers a residential bridging loan in just 8 days

Oblix Capital, the specialist bridging and development funder, has completed a £630k residential bridging loan in just 8 days from application. Arranged on a 6-month loan…

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Posted by oblixcapital on Mar 25 2019

Oblix Capital completes a £7.65 million development finance facility

Specialist bridging and development lender, Oblix Capital, has provided a well-established property developer with a £7.65 million development facility to fund the construction of seven high-spec…

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Posted by oblixcapital on Mar 19 2019
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