The majority of buy-to-let landlords have said that they plan to raise rents in the coming 12 months, new data from the Landbay survey can reveal. While nearly 85% of landlords made the admission, more than a third (36%) said they plan to raise rents by up to 5%. This is an increase from 27% […]
Offa, the UK’s first Sharia-compliant bridge finance fintech, has today launched an innovative new buy-to-let finance (BTL) service – with fast funding decisions delivered via a modern paperless process – aiming to disrupt and transform the traditionally old-fashioned and cumbersome world of Islamic finance. Powered by the latest software, Offa’s BTL service meets the needs […]
A new consultation draft version of the National Planning Policy Framework (NPPF) is expected to be published, which will reverse many of the changes introduced at the end of 2023. This might also be accompanied by a Written Ministerial Statement. For effective reform, the new government needs to be able to establish a clear direction […]
Roma Finance, the lender that loves to lend, has achieved a record quarter with three back-to-back record months on completions. Fundings increased by 38% in Q2 compared to the same period in 2023. This record follows a record Q1 on redemptions which continue to remain strong and complements multiple record months in new business. The […]
Following the Labour Party’s general election win, the Home Builders Federation (HBF) has reaffirmed its commitment to working with the new government to address challenges threatening housing supply and support home builders to deliver much-needed housing. In the lead up to the election, HBF released a housing blueprint for the next government, detailing measures it believes […]
A surge in landlords investing in semi-commercial property was recently reported in the UK, as applications for new purchases have nearly doubled this year compared with 2023. As landlords look to diversify their property portfolios by turning to semi-commercial property, what does this mean for businesses looking to let commercial properties and what important factors […]
While the top end of the housing market has remained resilient, price growth has been put on hold given uncertainty surrounding the general election, according to the latest analysis from Savills, “Despite the short odds on a change in government and continued market activity, the general election has resulted in a degree of caution in […]
The Society has teamed up with local Leicestershire-based tech provider Provident IT to develop web-based tools offering comprehensive affordability calculations across the Society’s extensive range of residential and buy-to-let mortgages. The calculators were developed in collaboration with selected intermediary partners, ensuring the inclusion of key broker-friendly features and functionalities. They feature an intuitive interface with […]
Fewer landlords are feeling negative about the prospects of their buy-to-let business and investments while most landlords remain neutral, the latest Landbay landlord survey shows. 27% of the landlords surveyed by Landbay felt negative about their business, compared to 37% at the end of last year. While 40% of landlords were neutral, just under 33% […]
The Association of Short Term Lenders (ASTL) has rebranded to the new name of: The Bridging & Development Lenders Association (BDLA). Explaining the rebrand, Vic Jannels, CEO of the BDLA, says: “Quite simply, rebranding to The Bridging & Development Lenders Association (BDLA) enables us to better serve the interests of our members and their customers. […]
