Landbay has launched two new buy-to-let mortgage products for first-time landlords who want to invest in houses in multiple occupation (HMO). Most lenders require HMO borrowers to have some experience as a landlord before lending on this type of property. But Landbay is responding to broker feedback which has revealed more enquiries are coming from […]
Supermarket chains and retailers who are moving into the property market and becoming landlords could destroy their reputations if they are not careful, say leading tax and advisory firm Blick Rothenberg. Heather Powell a partner at the firm and head of property said: “ Many retail groups who have invested in property have surplus property, […]
New research by Hodge has found nearly three-quarters of portfolio buy-to-let landlords prefer to access finance through a broker, rather than go directly to lenders. Hodge’s research, which asked portfolio buy-to-let landlords and brokers for their views, also found that 71% of larger investors (with portfolios of between £2m – £50m) specified that a broker […]
Mortgage Broker Tools (MBT) has launched a partnership with Dynamo to provide fast, reliable affordability research to its team of advisers. Advisers working for Dynamo will be able to use the MBT Affordability calculator to find out how much their clients can borrow from a panel of more than 40 residential and 65 buy-to-let lenders, […]
The latest research from HouseScan has revealed that just 6.9% of all homes sold in Britain over the last year came via the new build sector, however, new build sales have driven the market to a greater extent across a number of locations. Since March of last year, 54,176 new build homes have been sold […]
Hope Capital has achieved a number of company records, owing to an extremely successful quarter in business. The specialist short-term lender has today announced that from March 2021, Hope Capital has grown its loan book by 169%, increased its loan size by over 120% and recorded a 260% increase in AIPs, with volumes escalating monthly. […]
Developer Southern Grove has secured permission for a £40m sustainable office development on the banks of the Regent’s Canal. The Tiller Building, in Orsman Rd, will consist of 40,000 sq ft of premium office space with incredible views over the canal to the rear, replacing two derelict buildings. North Shoreditch is seeing booming demand for […]
Aspen Bridging lent £51.3m from April to June 2021, making it the best quarterly performance in the lender’s history. Deals ranged from a £4.5m development exit loan secured against a detached development in Kent to £210k light development deal on a detached property in Norfolk. Over one-third of deals completed were over £1m in loan […]
Tenet Group, a leading financial adviser network supporting independent financial advice, has added West One Loans’ buy-to-let division to its lender panel. (8 July 2021]) West One Loans, a provider of specialist property finance lending, will deliver Tenet’s brokers with access to its buy-to-let products, which will allow advisers to benefit from the end-to-end service […]
Online portfolio management platform Lendlord has launched an IOS app to provide its users with the full functionality of the online platform from their smartphone. The Lendlord app enables landlords to manage & track their portfolio’s data and optimise their property performance as well as understanding their finance needs. Lendlord provides landlords with a safe […]
