Oblix Capital raises new £50m funding line from OneSavings Bank

Oblix Capital is pleased to announce that it has raised a new £50m funding line from OneSavings Bank (OSB), which will provide additional capacity to support its clients with bridging and development finance.   The company, led by experienced property developer Rishi Passi and management team of Anuj Nehra (MD) and Snizhana Yesaulenko (Operations Director),…

Oblix Capital increases their presence across the UK with two more BDM hires

Oblix Capital, the London based specialist lender has appointed two new BDMs raising their presence across the whole of England, Wales and Scotland. With an increased appetite and demand to lend in the regions, both BDMs will be pivotal in fostering long-term relationships with intermediary partners, helping embed a consistent and effective service across the…

Oblix Capital launch 2018 Abu Dhabi Grand Prix prize draw promotion

Oblix Capital, the London based specialist lender has launched a special prize draw promotion offering a broker the chance to win tickets to this year’s F1 Abu Dhabi Grand Prix. The Oblix motorsport prize draw giveaway that started on the 1st of this month and will finish on 1st October 2018, is open to both…

Oblix Capital complete a £825k bridge to keep residential development on track

London based, specialist property lender, Oblix Capital has completed a £825k residential bridge on a luxury apartment situated in Highgate, North London. Oblix were approached by the borrower following some extremely tight deadlines which another lender couldn’t fulfil. The loan, which will be used to purchase the apartment was agreed on a 9 month term…

Oblix Capital continues to strengthen its sales team with two BDM hires.

Oblix Capital, the London-based specialist lender has bolstered its presence in the market with two BDM appointments to cover London and the South.  Both BDMs will be entirely focused on increasing growth and relationships with intermediary partners. The announcement follows a series of recent good news stories from the bridging and development specialist’s, including record…

Oblix Capital finishes off the financial year with ‘record-breaking’ month

Oblix Capital, the London based short term lender has started the new financial year on a high by finishing 2017 with record lending volumes in March. Completing £19m of bridging and development loans – the highest ever since the company’s inception in 2014. The March record has vastly surpassed all previous monthly record volumes, and…

Oblix Capital completes record £13.5m development loan

Oblix Capital, the London based specialist short term lender has completed a substantial £13.5m development loan with experienced developers, UK Land Assets – benchmarking their largest ever completion to date. Underwritten and completed in 6 weeks, this large development loan will fund the construction of 65 modern dwellings in Croydon. The project is expected to…

NACFB Magazine, Rishi Passi: Change-of-use gains momentum

At the turn of the year, Theresa May declared it her “personal mission” to solve Britain’s housing crisis, a vow she has made on several occasions throughout her tenure as the country’s leading politician. Thus far, though, the government’s plans to address the UK’s lingering homes shortage hasn’t lived up to expectations, with little being…

Oblix hires new Director of Sales

Short-term specialist property lender, Oblix Capital have today announced the appointment of Andy Reid as their new Director of Sales. Reid, who has worked in the financial industry for over 30 years, joins from Hampshire Trust Bank. Having held the position of ‘Head of Business Development’, Andy was responsible for driving business through the commercial…

Oblix partners with VAS Panel

Oblix Capital to outsource their valuation panel management to VAS Panel Oblix Capital have further strengthened their proposition by partnering up with leading valuations panellist ‘VAS panel’ who will provide panel management service across their entire lending portfolio. The new partnership forms part of Oblix’s ongoing commitment to align its products and services to the…