Just Mortgages is holding an Academy in January to bring new blood into the mortgage industry. The broker firm has already received over 750 applicants for its Broker Academy, demonstrating the enormous interest in becoming a mortgage broker. The huge number of applications reflects the sentiment that there has never been a better time to […]
Those buying mixed-use buildings and those that have bought such buildings in the last four years, may be due a tax windfall, say leading tax and advisory firm Blick Rothenberg. Sean Randall, a partner at the firm said: “A mixed-use building is generally a building composed of a retail unit on the ground floor and […]
Alternative Bridging Corporation has completed a refurbishment bridging loan within four days of receiving the initial application. The £250,000 loan was secured on a property in North London valued at £420,000 to finance the refurbishment of a shop and two flats above. The funds were required quickly to pay the builders to complete works to […]
International real estate experts on residency and citizenship through investment, Astons, has revealed the growing trend of bulk buying amongst foreign property buyers across the UK in order to secure an even bigger stamp duty saving than the one currently on offer via the stamp duty holiday. Currently, foreign buyers benefit from the same stamp […]
Pepper Money has enhanced its service proposition with the introduction of case owners to provide brokers with a dedicated resource and single point of contact when progressing mortgage applications. The operating model has been created to enable Pepper Money to form an even greater partnership with brokers and allow the lender to provide the highest […]
Developer Southern Grove has secured planning permission to create a series of highly desirable mews houses in a popular residential area of north London. The scheme, Granville Mews in leafy Finchley, has a GDV of £5.5m and is a prime example of how developers can take advantage of key infill sites to provide much-needed family […]
Hampshire Trust Bank (HTB) Specialist Mortgages has launched a 3.25% 5 year fixed-rate product for buy-to-let loans over £1m up to 60% LTV. The new product will fall under the same standard criteria as other buy-to-let lending and is available on loans from £1m to £15m. Marcus Dussard, sales director, Specialist Mortgages, said: “This announcement […]
Aspen Bridging has announced a special Christmas rate reduction, offering 0.54% on all deals completed between today (November 24) and December 24. The offer represents an 8.5% drop on the current initial rate of 0.59%, and is available up to £3m net and 75% LTV on their 10-month stepped rate product. In addition the lender […]
Terrafirma, the leading experts in ground risk assessment, today launches the National Ground Risk Model (NGRM): Climate™. This provides lenders with an expertly modelled, ground risk dataset, to help them understand how ground risk may impact their mortgage book under a changing climate. NGRM: Climate includes the UK’s first ever map of ground risk data. […]
United Trust Bank (UTB) is continuing to expand its Development Finance Division with the appointment of a new senior manager supporting housebuilders and developers in the South and East of England. Achi Ejikeme has joined UTB from Oaknorth Bank as a senior manager – property development and has nearly 15 years’ experience in property finance. […]
