Buy-to-let lender Landbay has announced rate reductions of 0.10% across its limited edition small HMO/MUFB products. The five-year fixed rate products now start at 4.99% at up to 75% loan-to-value (LTV). The four products joined the popular limited edition product range at the start of the month to support loans between £150,000 and £500,000. Alongside […]
Assetz Capital, a leading specialist in development finance, has announced a major enhancement to its funding model at MIPIM 2025. Increasing LTGDV to 72% and 87.5% Loan-to-Cost (LTC) for housing schemes will drive a surge in day one lending advances for developers. This significant move is designed to accelerate housebuilding, improve cash retention, and ultimately […]
Independent SME lender, Time Finance, has been recognised as one of the UK’s best companies to work for, with the business achieving the status of ‘Very Good Organisation’ in a recent review and analysis from Best Companies. Achieving this recognition, Time Finance joins a select group of businesses to receive the honour, which is awarded […]
The latest insight from The Global Payroll Association (GPA), reveals that 89% of small-to-medium sized businesses (SMEs) in the UK have reduced their workforce since the Autumn Budget of October 2024. The government’s Spring Statement Budget will be delivered on Wednesday 26th March. It will be the first budget since the now notorious Autumn Budget in […]
Growth is a core UK government mission, and making it happen amid intense economic challenges requires ambitious action. Next week’s Spring Statement provides an opportunity for the chancellor to do just that and set out fiscal measures that boost the country’s prospects. The UK automotive sector is perfectly placed to deliver growth, provided the right […]
Research carried out by mortgage market specialist Pegasus Insight shows a range of perceptions and awareness among tenants about the Renters’ Rights Bill (RRB) and how it will impact them. The latest Tenant Trends report reveals that 32% of tenants are ‘fully aware’ or ‘mostly aware’ of the details included in the RRB; 20% are ‘somewhat aware’ […]
The UK’s medium-sized businesses drove job growth in the last ten years compared to their small and large counterparts, according to new analysis. The research from iwoca––one of Europe’s largest SME lenders––finds that businesses of 50 to 249 people expanded their headcount at double the rate of their small and large counterparts between 2014 and […]
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The FTSE 100 is upbeat at the start of the week, rising amid more positive sentiment as hopes wash around about the potential for US tariffs to be more targeted. President Trump’s latest deadline for ‘reciprocal’ tariffs to be re-imposed on trading partners Canada and Mexico […]
NatWest CEO Paul Thwaite is to chair the first meeting of the Mid-Market Growth Council on Thursday (27 March), established to support the sector and break down barriers to growth. Published in December with support from the business secretary Jonathan Reynolds MP, NatWest’s report, “The Critical Middle”, found that mid-market companies represent just 0.5% of […]
Promarine Finance Ltd (Promarine), a specialist in marine mortgages, has secured a £30m revolving facility from Secure Trust Bank Commercial Finance (STB CF) to support its continued growth. Founded in 2010 by Stuart Austin, Promarine is an FCA regulated provider of marine mortgages, facilitating the purchase of new and used leisure vessels. Since then, Promarine […]
