Starling Bank’s business banking customers can now make bulk payments to multiple recipients. The new subscription service can be used to help support payroll, reimburse staff expenses or pay suppliers, all at the same time. The Bulk Payments feature has been launched by Starling to process payments at scale for businesses. With small businesses in […]
As consumers face seven in ten ATMs risking closure due to operators facing rising costs, PayPoint today marks passing £20m in cash distribution by consumers using its free, any denomination (1p-£50 per transaction), no purchase necessary cash withdrawal service, Counter Cash. Launched in November 2021, the free cashback-without-purchase service is now available over the counters […]
Tuscan Capital, the short-term property finance specialist, has announced the launch of a new base rate tracker option. The new option is available across Tuscan’s Fast Track Residential Bridge loans as well as its commercial and refurbishment loan products. The base rate tracker option compliments Tuscan Capital’s existing range of fixed-price products. Tuscan’s base rate […]
Impact Specialist Finance, the leading specialist packager and distributor, has launched a brand-new buy to let mortgage range via MT Finance. This range is only available through a select group of packagers, which includes impact Specialist Finance. The products include a 125% income coverage ratio, they are available to first time buyers and also allow […]
Hampshire Trust Bank (HTB) has made positive changes to its holiday let proposition, in a move which highlights its appetite in this area of specialist buy-to-let lending. HTB has increased three of its limits relating to short-term let (i.e. holiday let) properties: the maximum number of short-term lets allowed in a single portfolio is now […]
Mortgage Magic has launched a Digital Package to enable brokers to revamp their business. The Digital Package, which has been designed by former brokers and leading technology experts, will empower brokers to revamp their business, with a new website, social media package and lead generation via social media. The package provides brokers with an off-the-shelf […]
Specialist asset-based lender Ultimate Finance is today announcing they are freezing their bridging finance loan rates from 0.74% per month for the next two months in the face of continuing challenges for developers in the residential property market. The Bank of England base rate went up for the sixth time in a row last week, […]
Foundation Home Loans, the intermediary-only specialist lender, has announced the launch of a ‘Summer Special’ which sees a 40bps rate reduction on its previous five-year fixed rate Limited Edition buy-to-let product. Available as part of its F1 product range – for borrowers with an almost clean credit history – the ‘Summer Special’ five-year fix, offered […]
Hampshire Trust Bank (HTB) has enhanced its development finance proposition offering by increasing its maximum loan amount to £25m from £15m. The change takes place with immediate effect. HTB specialises in residential and commercial development finance, offering creative and customised loans to experienced property professionals across England and Wales. Alex Upton, managing director – development […]
Hampshire Trust Bank (HTB) has enhanced its specialist buy-to-let offering, which includes limited company, HMOs and semi-commercial, by increasing its maximum loan amount to £25m from £15m. The change takes place with immediate effect. HTB provides specialist buy-to-let mortgages for limited companies (trading, SPVs and new SPVs), offshore entities, expats and foreign nationals and first-time […]
