When a VA loan is assumed, the funding fee is typically 0.5% of the loan balance. This fee is required regardless of whether the new borrower is a veteran or civilian. Like other loans, the fee can be paid in cash at the time of assumption or rolled into the loan amount, subject to...
749,829), net assets excluding warrant liabilities of £3,920,896 (2023: £7,416,829) and a cash balance of £6,461,475 (2023: £7,783,448). As disclosed in more detail in note 22 of these Financial Statements, on the 4th July 2024, the Company raised £30,000,000 thro...
Net management fee income declined by 16% to £82.6 million, reflecting lower average AuM together with an average net management fee margin of 39 basis points (H1 2023: 40 basis points) and a less favourable average GBP:US$ rate of 1.2572 over the period (H1 2023: 1.1795). At constant...