Lloyds Bank has launched a fast, simple service that allows businesses to make one-off payments, where the beneficiary’s bank details are not known, meaning payees could receive the funds within minutes. Through Lloyds Bank PayMe, businesses do not have to gather or manage account information or register one-off suppliers. Once the payment is approved, companies […]
Hodge is doubling the maximum lending amount per single transaction across its existing range of development finance products from £5m to £10m. The move, which is designed to open up additional funding opportunities for brokers and developers, applies to the following products: Development Finance – including residential, alternative residential, commercial and mixed use. Stretch Senior […]
Foundation Home Loans, the intermediary-only specialist lender, has today announced rate reductions of up to 0.75% on selected buy-to-let specials and 0.60% on owner-occupier specials. The lender has also launched a new limited edition buy-to-let five-year fixed rate at 5.39% with a flat fee of £4,995, available up to 75% LTV and maximum loan of […]
Specialist short-term lender, Hope Capital has announced it has rejuvenated its residential refurbishment offering by now providing up to 80% LTV to its brokers and borrowers. This brand-new offer enables borrowers to now receive c15% more funding on their Day 1 borrowings, providing investors and developers with a fantastic opportunity to optimise their cashflow and […]
Hampshire Trust Bank (HTB) has launched a new Special Edition 5.99% five-year fixed rate product for loans between £100,000 to £1m. The product has a 5% arrangement fee which can be added to the loan. The minimum Interest Cover Ratio (ICR) and Early Repayment Charges (ERCs) are standard. The new Special Edition product provides more […]
Specialist buy-to-let lender Landbay has launched a new set of Special Edition five-year fixed rate mortgage products with rates starting at 4.99%. The new range provides price certainty with combined flexibility as there are only three years of early repayment charges (ERC). This means the borrower can redeem the mortgage in years four and five […]
ForrestBrown, the UK’s leading research and development (R&D) tax specialist, has extended its support for businesses claiming Patent Box relief. The move comes in response to client demand and will provide further support for businesses looking to leverage their intellectual property to fund further innovation. The Patent Box regime encourages companies to commercialise their intellectual property (IP) in the UK by providing a reduction in Corporation Tax on […]
United Trust Bank (UTB) has relaunched its Base Rate Tracker Account to businesses and charities which is now paying 4.25% Gross/AER interest. However, this offer is only available for a limited time. The savings account tracks the movement of the Bank of England Base Rate and enables customers to benefit from future rate increases without […]
Foundation Home Loans, the intermediary-only specialist lender, has today announced a complete refresh of its core buy-to-let and owner-occupied product ranges, introducing a range of new products across both. The buy-to-let refresh covers all core products, as well as expat, large HMO, short-term let and Green product options. In the core BTL range, Foundation has […]
Allica Bank, the business bank dedicated to the needs of established businesses, has extended its owner-occupier commercial mortgage offering to include interest-only terms of up to five years. It has been able to do so due to the British Business Bank’s Recovery Loan Scheme (RLS), which a business must be eligible for to access the […]
