Hope Capital has today launched the Seventies Collection which comprises two new bridging loan products. The two products, the HOPE 70 and the HOPE 75 are highly competitive bridging loan products, with the HOPE 70 offering the lender’s lowest non-discounted rate of just 0.70% per month, and the HOPE 75 providing the highest LTV at […]
The ASTL has announced that Charles McDowell, managing director at Hampshire Trust Bank will speak in the guest slot at its virtual conference on Tuesday 22nd September. Always an entertaining speaker, Charles will talk about Hampshire Trust Bank’s journey from a pre-Covid environment, through the downturn and his view on the upcoming opportunities and challenges […]
Vida has today made a full return to the intermediary mortgage market, celebrating a new start for the specialist lender following its recent successful £350m securitisation deal in July. The relaunch sees the lender offering a full suite of mortgage products across both residential and buy-to-let ranges. Following a change of leadership at the start […]
Savills has launched the sale of a 292 acre farm in the heart of the Lake District National Park. Dowthwaite Head, which sits north of Ullswater and close to the hamlet of Dockray, comes complete with two farmhouses, a dilapidated cottage and a vast range of traditional farm buildings. It is being marketed as a […]
On 25 August Savills held its first ever August auction. The August sale saw 51 lots sold and had a success rate of 86%, ultimately raising over £20m. While it had never been done before when building the July catalogue the team could see demand was demonstrably there from both vendors and bidders for a […]
In July 2020, the government announced changes to the Use Classes Order in England which, since 1987, has been the primary legislative tool to control changes of use within property. These changes will take effect from 1 September 2020 and will provide greater flexibility to repurpose property which has become redundant and protect uses which […]
Vector Capital specialises in finance for land and property development, bridging loans and secured business finance, providing confidential behind the scenes support to its customers. The Group was established in 1978 and has extensive experience in backing developers and property entrepreneurs. Ross Andrews , Vector Capital chairman , says: “At Vector Capital, we have many […]
Funds advised by Hilltop Credit Partners, a specialist funding partner for SME residential developers, have completed a £3m loan to build a sustainable residential development in the historic market town of South Molton. The project is being led by experienced property developer Jamie MacDonald-Murray, founder of Talo Homes, which is exclusively focused on delivering affordably […]
Following a rebrand from Promise Solutions to Promise Money, the specialist lending distributor has launched a brand-new website and processing system for brokers. Promise Money’s new consumer and broker facing website has been 10 months in the making and the packaging/advice process is underpinned by One Mortgage System (OMS). Both the website and the packaging […]
Registration has opened for Association of Short Term Lenders (ASTL) Annual Conference, which will take place online as a virtual conference on Tuesday 22nd September. The event, which has traditionally only been open to a limited number of delegates from members and associate members of the ASTL is also being opened up to a wider […]
