Greymax Capital has become the latest lender to join the Association of Short Term Lenders (ASTL). Based in London, Greymax Capital offers a return to true relationship bridging, operating with private capital and providing direct access to its principals and underwriters. As seasoned property agents, investors and developers the directors of Greymax Capital understand property […]
Aspen is starting 2021 on the front foot with the launch of a new Light Development bridge and an increase in its maximum loan size to £5m net across the whole product range. Covering residential conversion schemes, finish and exit projects, structural works and extensions plus lighter refurbishments, the new Light Development product is available […]
The Association of Short Term Lenders (ASTL) has continued its ongoing dialogue with HM Treasury, with a letter proposing collaboration on any potential extension to the enforcement moratorium, following the latest national lockdown. Within the letter, the ASTL says: “The health of the nation is paramount, and no member would knowingly seek to repossess a […]
Gatehouse Bank today announces the sale of its Thistle Build to Rent (BTR) property portfolio to Goldman Sachs Merchant Banking Division and Pitmore for a total consideration of circa £150m. The deal, the largest transaction of its nature in the UK to date, comprises a portfolio of 918 units, predominantly two-and-three-bedroom homes across North-West England. […]
Developer Southern Grove has today unveiled a substantial £18m housing development that will create dozens of premium family homes on the beautiful Kent coast. The Willows near Whitstable, will provide 42 houses, consisting of a mixture of semi-detached and detached family accommodation, as well as 12 apartments. Hundreds of thousands of Londonders have moved out […]
Plans to transform the city’s iconic college tower, dubbed the Met, into a hotel with leisure and grade A office space are set to become a reality. Glasgow city council has granted developers Osborne & Co detailed planning permission to convert the 11-storey tower into a 260-bed hotel with grade A office for up to […]
Zephyr Homeloans, the specialist buy-to-let lender, has introduced an online Self-Serve platform, allowing customers to manage their mortgage account online 24 hours a day, seven days a week. Landlords can use the system to conduct transactions such as mortgage payments, set up direct debits and perform other administration tasks, including changing contact information. Borrowers can […]
New research from criteria search specialist Knowledge Bank in December shows a shake up in the mortgage market as lenders, mortgage brokers and clients look to adjust to the shifting landscape. Knowledge Bank is the largest database of mortgage lending criteria held anywhere in the UK, and the monthly criteria index shows the terms that […]
Specialist business property adviser, Christie & Co, has announced the sale of The Larches care home in Tiverton, Devon. The Larches is a managed residential care home registered for 20 service users. The business sits in a modified and upgraded four-storey detached period residence with 18 bedrooms (16 single and two twins), 12 of which […]
Specialist lender, Roma Finance has become the latest founder member to join the Mortgage Market Alliance (MMA). Roma Finance offers a range of short-term finance solutions for bridging, refurbishment, conversions, auctions and developments, and medium-term products for buy-to-lets, HMOs, holiday lets and serviced accommodation. The Mortgage Market Alliance provides a collaborative voice for the mortgage […]
