A MasterChef reality TV show for green building projects is being floated by house builder and developer trade association Build Europe. The trade body believes such a programme would counteract perceptions that building renovation is ‘old-fashioned and outdated’. “An increasing number of young Europeans are interested in craft professions such as cooking, baking…., occupations that […]
Research by lettings and estate agent, Barrows and Forrester, has revealed that the vast majority of tenants welcome the extension to evictions announced at the weekend, despite many seeing little impact on their ability to pay the rent. Monday should have marked the end of the eviction ban timeline, however, the decision to extend it […]
Despite the extraordinary events of 2020 the UK property market remains on a firm footing overall as we commence the new year, according to Home.co.uk’s latest Asking Price Index. Home prices are up 4.9% overall and the market is showing significant momentum. Neither Brexit fears nor Covid have managed to topple this vital part of […]
Property bridging and development lender, KHK Capital, has secured a £25m funding line from UK savings and lending specialist, Shawbrook Bank. The new financing line enables KHK Capital to meet rapidly growing demand from new and repeat customers for lending solutions on a diverse range of residential and commercial property. “KHK Capital has been a […]
ISG took this month’s top spot in the contractor league tables after being appointed the contractor for seven major projects totalling just under £2.7bn. Almost all this amount is due to work on a new £2.6 bn electric battery plant in Blyth, Northumberland. In second position this month with just one project is Future Valleys, […]
Mortgage Broker Tools has launched MBT Analytics – a unique platform that gives lenders live insights into the affordability environment. MBT Analytics provides lenders with a bespoke data-driven interactive dashboard to help them improve their understanding of the affordability calculations of their competitors and to benchmark their own position. With MBT Analytics, lenders can view […]
Penrith-based Genesis Homes, a housing developer, has secured £1m of Coronavirus Business Interruption Loan Scheme funding through Santander UK, to continue its roll out of housing development sites in the coming year. Since launching in 2017, Genesis Homes has built and sold a total of 158 homes over five developments. The funding package will ensure […]
United Trust Bank (UTB) has increased the maximum LTV available on its standard and light refurbishment bridging loans to 65% with immediate effect Key features of UTB’s bridging offering include: Max 65% LTV Rate card from 0.48% pm <50% LTV Loan size from £125k to £15m Minimum property value £150k (or £100k for multiple securities) […]
Specialist business property adviser, Christie & Co, has brought to market a former children’s day nursery in Alford, Aberdeenshire. Established over 25 years ago, this former day nursery, previously operating as Alford Day Nursery, comprises a nursery with effective operating capacity for 30 children aged zero to five-years-old, and a lovely four-bed owner’s accommodation attached. […]
Castle Trust Bank has become the latest lender to join the Mortgage Market Alliance (MMA) as a founder member. The MMA launched last year to provide a collaborative voice for the mortgage industry in promoting the availability of lending and the value of professional advice. Castle Trust Bank offers loans for a variety of investments, […]
