A new survey has found that two out of three (67%) fintech founders don’t think that the views of the fintech sector are properly being heard in policy and regulatory circles. The survey also reveals that nine out of ten founders expect to face funding challenges in the year ahead. These are the headline findings […]
United Trust Bank (UTB) has launched its ‘UTB Secure Chat Hub’ providing brokers and customers with a straightforward and secure way of communicating with the Bank during mortgage applications. It is the latest addition to UTB’s successful #BrokerSummerSupportPackage. Using the new App, which is available to download for free from usual App stores, customers can […]
The Lloyds Bank UK Recovery Tracker, working with IHS Markit, provides unique insight into the shape and pace of the UK’s recovery following the unprecedented disruption caused by Covid-19. From a Global perspective, PMI data shows a general shift upwards as lockdown measures were eased across most markets. The World PMI rose to 50.8 in […]
Specialist business property adviser, Christie & Co, is delighted to announce the freehold sale of Warren House in Kingston upon Thames, Surrey on behalf of private owners, to Sun Hotel Limited. Situated on the highly affluent Coombe Estate, one of Surrey’s wealthiest residential areas, the stunning Grade II listed property is only 10 miles from […]
More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit, according to a new survey from the MCI mortgage club. Nearly three-quarters (73%) of those questioned indicated they felt a fresh lockdown will affect the mortgage market over the next twelve months. By contrast, […]
LendInvest, the UK’s leading platform for property finance, has introduced Appetite Statements for landlords seeking a pre-agreed financing offer for their future projects. The Appetite Statement is a pre-agreed limit of what LendInvest would be willing to lend to the borrower based on specific parameters, allowing landlords to source investment opportunities with the benefit of […]
Vida, the specialist mortgage lender, has today announced a new partnership with Zoot to develop a digitally focused mortgage journey built around intermediaries. Vida will work with Zoot to build a new end-to-end mortgage platform that brings together key parts of the mortgage journey. The partnership, which is a significant part of Vida’s £5m investment […]
Assetz Capital has signed a funding deal with Aros Kapital, a fast-growing Nordic financing provider focused on the SME segment, to contribute to its lending under the Coronavirus Business Interruption Loan Scheme (CBILS). With offices in Gothenburg (HQ), Stockholm, Orebro and London, Aros Kapital provides loans, invoice financing and leasing for small and medium-sized companies. […]
Today the British Business Bank has announced that it has approved BLG Development Finance, Conister, RM Funds and Western Union Business Solutions for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). These new CBILS lenders will be able to provide finance to smaller businesses with turnover of up to £45m that are suffering disruption […]
July data from the third edition of the NatWest UK Small Business PMI® report showed a pick-up in activity at UK small businesses, in a further sign of operating conditions gradually improving following the lifting of lockdown measures. However, the pace of recovery remained uneven and lagged behind that seen among larger companies. The new […]