A room with a view, a front door onto the street and a garden are proving more seductive for the wealthy than a James Bond-style bachelor pad in Chelsea. London’s high-end housing market is surprising estate agents who are reporting increased transactions for properties worth more than £5m. Estate agents Dexters marketing director Richard Page […]
Specialist business property adviser, Christie & Co, has announced the sale of Gainsborough Pharmacy in Ipswich, Suffolk. Gainsborough Pharmacy dispenses an average of 5,933 items per month and occupies the ground floor of a two-storey, brick built terraced property. The pharmacy benefits greatly from the nearest GP surgery, Landseer Road Surgery, being just 0.3 miles […]
Aspen has completed a timely £2.3m bridge which covers an existing lender repayment plus finish and exit on a luxury house along with the all-in purchase of a high-end apartment. The first requirement involved an eight-bedroom newbuild mansion in Hornchurch, where the client was nearing the end of the development and was looking to capital […]
Sammon Mortgages, the London and Essex-based mortgage broker, has appointed Karen Nicholls as sales director for the self-employed advice arm of the business. Karen has almost 20 years’ experience working within financial services and joins Sammon Mortgages from Cynergy Bank where she held the position of Head of Intermediary Sales for four years. She has […]
UK mortgage lender Enra Specialist Finance has announced today, Monday 19th October, that it has priced its first residential mortgage backed securities, backed by a portfolio of buy-to-let and second charge mortgages. The transaction comprises a £267.8m portfolio split between second-charge mortgages and first charge buy-to-let mortgages, originated under Enra’s lending brand West One Loans. […]
Landbay, one of the UK’s leading buy-to-let lenders, has joined Synergy Commercial Finance’s network panel. Landbay was already on Synergy’s packager panel but will now provide Synergy’s commercial broker members with access to its comprehensive range of specialist buy-to-let products at highly competitive rates. A key benefit of the partnership is that Synergy’s members will […]
Fladgate LLP has advised Otium Real Estate, led by Ashley Blake, on the reletting of the ex-Buzz Bingo unit on Robin Leisure Park Anjou Boulevard Wigan. Following a CVA in August 2020, Buzz Bingo, an anchor tenant of the park, Otium has re-let Unit 4 (25,353 sqft) on a new 15 year lease to Club […]
A first-time buyer requiring maximum leverage to purchase an off-plan, new-build flat in London and save their initial 10% deposit has been backed by Aspen Bridging. The bridge, completed for £460k at 74% LTV, was for a seventh floor apartment in the Fulham Reach Development which will operate as the applicant’s inaugural but-to-let investment. The […]
Sirius Property Finance has announced its international expansion, with the opening of an office in New Zealand. Robert Collins, a co-founder of Sirius in the UK, will establish the bespoke brokerage and debt advisory service in Auckland in the new year, having identified opportunities in the specialist finance and development markets in both New Zealand […]
Zephyr Homeloans, the specialist buy-to-let lender, has joined the panel of Brilliant Solutions’ Mortgage Club. Members of the direct-to-lender mortgage club for brokers can now access Zephyr’s recently lowered rates for standard and specialist buy-to-let products. Paul Fryers, managing director at Zephyr Homeloans, said, “We were pleased to be able to form this partnership with […]
