The Intermediary

Steve Reed replaces Angela Rayner as Housing Secretary

Submitted by daniel on
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Steve Reed replaces Angela Rayner as Housing Secretary - The Intermediary

Steve Reed (pictured) has been appointed Secretary of State for Housing, Communities and Local Government, following the resignation of Angela Rayner.

He was previously Secretary of State for Environment, Food and Rural Affairs between July 2024 and September 2025.

Reed has served as MP for Streatham and Croydon North since July 2024.

His responsibilities now include housing and planning, local Government and English devolution, regional and local growth, tackling homelessness and rough sleeping, and public appointments.

Aspen supports development project with £1.4m residential loan

Submitted by daniel on
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Aspen supports development project with £1.4m residential loan - The Intermediary

When a bridging lender dropped a developer’s advanced refinance plans, Aspen stepped with a £1,424,500 residential loan, which it completed in just six weeks.

The client had already undertaken over £300,000 worth of works to remodel a five-bedroom, four-bathroom detached house in Streatham, London, and required the funds to exit an existing finance deal as well as complete the project before marketing the property.

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