Specialist lending firm Somo Bridging has today launched its much-anticipated Black Friday 2023 event, which gives borrowers a massive 90% refund on valuation costs. Last year’s one-day-only Black Friday event resulted in a 400% increase in deals locked in, but Somo expects this year to be an even bigger success because, in a change to […]
New American Express research spotlights the fraternity and strong bonds underpinning the SME community, with more than four-fifths (84%) of small business leaders recommending specific products or services in a desire to help their fellow SMEs succeed. The survey of 500 senior decision makers from small and medium sized companies (SMEs) explores how this group […]
Precise Mortgages, part of leading specialist lender OSB Group, has enhanced its residential and buy-to-let mortgage offering to give customers access to lower rates and more choice. Key residential highlights include: New 70% LTV products Rates reduced by up to 30bps with rates from 5.99% New products for customers with adverse credit including those on […]
Specialist buy-to-let lender Landbay has announced rate reductions to its standard five-year fixed rate products, with a 0.10% decrease across the entire range. The standard five-year fixed range now starts at 4.85%, with all products stressed at payrate and available through Landbay’s innovative variable fee structure. Across varying loan-to-values (LTVs), the product range can accommodate […]
PayPoint today announces the significant expansion of its Love2shop gift card offering in partnership with 21 of the UK’s leading multiple retailer groups, including One Stop, MFG, Henderson’s Retail, CJ Lang, Scotmid Co-op, Sewell’s and Greens Retail. The move will see Love2shop launched in more than 2,600 new stores from 9 October 2023. This is […]
A specialist business bank is strengthening its proposition for portfolio landlords with a new Green Reward cashback offer. Redwood Bank is keen to support landlords who have already achieved EPC ratings of A-C. Any new loan deals completed on properties in these top three EPC ratings will be given cashback of up to 0.50% of […]
American Express has strengthened its partnership with Booker Group, meaning thousands more independent retailers nationwide will be able to accept American Express Card payments under a new agreement. Eligible Premier, Londis, Budgens and Family Shopper retailers can now offer their customers a greater choice of payment options when paying in-store. The brands join an ever-increasing […]
Lloyds Bank has developed a new solution where clients can request digital Direct Guarantees or Standby Letters of Credit, helping them to trade more efficiently, safely, and securely. The bank’s Paperless Guarantee initiative, created to support businesses who have a high volume of transactions requiring bank guarantees to be issued, enables instant delivery to recipients […]
NatWest has launched a new transaction categorisation service called Enriched Transactions, which is available to businesses, such as Account Information Service Providers (AISPs) and lending providers, to integrate with their apps and digital platforms. By making the API-enabled service available to businesses, NatWest is the first UK bank to offer transaction categorisation as an extension […]
Alternative Bridging Corporation has cut the rates on its innovative Alternative Overdraft drawdown product by 0.10%. The Alternative Overdraft provides a flexible loan facility which delivers funds on 24 hours’ notice, and allows borrowers the opportunity to draw, repay or reduce funds to match their needs. It’s available for two years and provides multiple drawdowns […]
