Castle Trust Bank has cut rates and simplified its range of HMO and holiday let mortgages as part of a wider overhaul of the lender’s specialist buy-to-let offering. As part of the revamp, Castle Trust Bank has removed the loading on its HMO and holiday let mortgages, and cut rates, with prices now starting at […]
SoMo, one of the UK’s leading specialist lenders, has seen a series of record-breaking months across completions, offers and funding since the beginning of 2021. Based in Greater Manchester SoMo provides ultra-competitive rates for residential and commercial bridging loans secured over UK property. The company has lent over £184m under its ethos to lend money safely […]
Specialist lender Together has announced the pricing of its first ever residential mortgage backed securitisation (RMBS) consisting only of first-charge loans – to support the business’s future growth ambitions. The £318m facility is supported by a portfolio of owner-occupied and buy-to-let residential mortgages, secured against properties in England, Wales and Scotland. Pete Ball, the group’s […]
The first-ever development finance product with a guaranteed exit for housebuilders and lenders. has been launched. BLEND Network, the specialist development finance lender, has announced a new product: “Development Plus, powered by LDS Sales Guarantees.” Pictured: Roxana Mohammadian-Molina of Blend Network and Mark Roberts of LDS LDS offer a unique service guaranteeing to acquire any unsold […]
A new system making it easier for SMEs to gain a slice of Homes England’s £20bn worth of development opportunities is up and running. The government agency hopes it will be simpler for SMEs to come forward having replaced its panel of partners with a ‘dynamic purchasing system’ where new players can apply to join at any […]
MPowered Mortgages, the buy-to-let lender brought to you by MQube, has appointed Matt Surridge to the role of key account manager, covering the East Midlands. Matt has over 17 years’ experience in the financial services industry spanning mortgage, protection, investment and technology arenas where he has held a variety of roles focussed on developing strategic […]
Aspen Bridging has announced an exclusive partnership agreement with Blackhill Private Finance, whereby the established loan facilitator will be sole introducer for Nigerian and West African investors requiring short-term finance in the UK property market. Aspen, which provides loans of up to £10m on property across England and Wales, has forged itself a global reputation […]
Nearly a quarter of online browsers looking at properties for sale or let were from overseas – the highest figure since January 2020, according to property agent Knight Frank’s data. This was up on the average of 17% of overseas viewers in the 18 months to June this year. The return of overseas corporate tenants […]
The Property Advantage, a specialist HMO brokerage based in Shropshire and Greater Manchester has welcomed in another experienced valuer/lister to their team to continue the growth of the ‘Manchester’ based team, following on from August’s arrival of Kevin Choi, their Hong Kong business development manager. Mark Dixon-Singh joins the team with a wealth of property […]
Fiduciam has provided a £5m development loan for the construction of a £10m seven-storey residential apartment building in Manchester. The building will contain 38 apartments with ground floor retail. The £5m loan was structured to overcome the challenges imposed by the complex property title and overage, and to reduce the likelihood of cashflow squeezes in […]
