VAS Group has agreed a significant partnership with EG which can supply its lenders, valuers and brokers with critical pre-valuation statistics and sales evidence. By opening preferential access to EG Radius, part of the EG product suite, users can utilise an online resource which supports valuations by supplying the most comprehensive and accurate leasing, sales […]
Foundation Home Loans, the intermediary-only specialist lender, has today launched a new ‘Limited Edition’ two-year discounted variable product with no early repayment charge for buy-to-let and limited company buy-to-let borrowers. Available for both purchasing and remortgaging, for portfolio and non-portfolio landlords alike, this two-year, ERC-free product comes with a discount of 2.4% making the current […]
Castle Trust Bank has completed a complex £4.5m bridging loan within just 14 working days of the initial terms being issued. The specialist Buy to Let lender worked with Sirius Property Finance on refinancing a current development, including mezzanine finance, on a permitted development scheme of 25 flats in Reading. Terms for the case were […]
Aspen has completed a £1,360,000 Light Development bridge in just 18 days, comprising £325k on day one for auction purchase and £900k in arrears to fund conversion works. The deal, which equates to a 65% LTV on day one and 70% LTGDV, will enable an experienced developer to turn a Wolverhampton-based three-storey commercial unit and […]
The latest research from the real estate debt advisory specialists, Sirius Property Finance, reveals that despite overall real estate lending totals declining in the pandemic year of 2020, the proportion of lending that focussed purely on the financing of new residential developments has increased. Overall real estate lending in the UK was down by 23% in […]
The capital’s mayor Sadiq Khan has released new guidance for developers to ensure new buildings are greener prioritising space for walkers, cyclists and public transport users. The guidance is part of Mr Khan’s plans to make London a zero-carbon city within the next ten years and offers practical advice on how to do it. He […]
One of the most respected names in the UK surveying sector, David Hughes has joined VAS Group as valuation audit director for VAS Panel. With over 20 years’ experience in real estate advisory and property finance, he will use his in-depth technical knowledge and experience with new and existing lenders, financial intermediaries and valuers to […]
Getting the right tenant and a good property manager are the two most important things for buy to let property-owners, according to new research from Hodge that questioned landlords with a portfolio of under £5m.. The research, which asked around 100 portfolio buy-to-let landlords and brokers for their views on the buy to let market, […]
The UK is getting back to normality. People are returning to offices and other places of work, and cities are buzzing once again – this has created a storm in the rental market, with demand outstripping supply for the first time since before the pandemic. In fact, ‘room wanted’ ads are currently outnumbering ads for […]
LendInvest, the UK’s leading platform for property finance, has announced the launch of a new product range for holiday lets and short-term properties, alongside a host of reductions across its standard property range. LendInvest has introduced a new holiday let product catalogue, with rates starting at 3.59% for 65% LTVs for two year fixed products. […]
