Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates across most of its mortgage products. The lender is offering 2.64% for a two-year, fixed-rate, standard property buy-to-let mortgage and 2.89% for a standard, five-year, fixed-rate buy-to-let mortgage to both individuals and limited companies at 65% LTV. The lender’s rates for Houses […]
To meet the growing demand for larger loan sizes in the buy-to-let space, Landbay has launched a new product range for loans up to £1.5m. This large loan product range consists of five-year fixed rates for standard properties, HMOs, MUFBs and trading companies. The new five-year fixed large loan products: Standard Property – 75% LTV […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has expanded its distribution panel with the addition of mortgage, protection and investment network In Partnership. CHL’s product range is available to first-time landlords, portfolio landlords and limited companies covering a variety of BTL investment vehicles including HMOs, MUFBs, new build, ex local authority and flats above commercial. […]
A Shade Greener (ASG) Finance has become the latest lender to join the Association of Short Term Lenders (ASTL). Established in 2013 to provide commercial finance to UK businesses using funds generated from the associated renewable energy company, A Shade Greener Ltd, ASG Finance provides a suite of tailored financial solutions including bridging finance, development […]
Specialist property lender Castle Trust Bank has agreed a £13.2m development loan with Laner Ltd, for a commercial and residential development in Dagenham. The OXLO project, being developed by Barking Dog Developments Ltd, will provide ground floor commercial space, plus residential apartments for private rent. The project requires demolition of existing warehouse and redevelopment of […]
West One Loans’ buy-to-let division has announced product and criteria changes as it continues to grow in response to strong demand in the market. Taking effect from today [September 02] there is a range of new products being introduced with reduced rates and some fee reductions on selected products. Among the changes is a new […]
First 4 Bridging (F4B) has announced that it is hosting a triple-header of specialist lending seminars across the country. These will be held in conjunction with a number of specialist finance providers and focus on bridging, complex buy-to-let, holiday lets, development loans and commercial finance. The seminars will take place at the Manchester Airport Marriott […]
The latest property market analysis by London lettings and estate agent, Benham and Reeves, has estimated that almost 400,000 UK property transactions have been down valued in the last year alone. Benham and Reeves analysed property market transactions over the last 12 months to reveal how many homes are being down valued based on a […]
The latest ASTL data shows an almost universally positive set of results for bridging lending in Q2 2021, with completions increasing, applications remaining strong and defaults falling. The figures, compiled by auditors from data provided by members of the Association of Short-Term Lenders, show bridging completions were £1.1bn in Q2 2021, an increase of 23.2% […]
The F4B Network has announced the formation of a link with Precise Mortgages to bolster its burgeoning lending panel. This panel addition will provide F4B Network members with access to Precise Mortgages’ extensive range of innovative residential, buy-to-let and second charge loans. It will also allow advisers to benefit from Precise Mortgages’ award-winning, technology-driven underwriting and credit […]
