Aspen is continuing to lead the bridging market’s response to the coronavirus pandemic by increasing its maximum LTV to 75%, raising its top loan amount to £3m net and by utilising both physical and desktop valuations. In its new rate card, the lender’s Flat and Stepped Rate Products include residential and light refurbishment, residential and […]
For the first time in history the government had paid out more in VAT than it collects, say tax and advisory firm Blick Rothenberg Alan Pearce, a partner at the firm said: The governments monthly tax revenue statistics reveal that in the month of April 2020 alone, when VAT revenues would normally be expected to […]
Zephyr Homeloans has resumed physical valuations following the removal of government restrictions on inspections. The specialist buy-to-let lender says that it will be following all relevant public health guidance whenever inspections take place. Paul Fryers, managing director at Zephyr Homeloans, said: “It’s great news that physical valuations are possible again and that we can now […]
Savills, on behalf of OCS Group Limited, has sold the freehold of Caxton House in Pentwyn, Cardiff and secured two new local premises for the international facilities management company to relocate into. Caxton House, comprising 26,382 sq ft (2,451 sq m) of office and warehouse space, with a separate warehouse and parking for 45 cars […]
Aspen Bridging has been appointed to Beneficial network’s Specialist Mortgage Lender Panel with immediate effect, and will assist the network’s 120 independent advisors with both applications and education. All Beneficial members will have access to the lender’s ‘introduction’ technology via a dedicated web portal which will give brokers a decision in minutes on any bridging […]
LendInvest, the UK’s leading platform for property finance, has made a series of updates to its buy-to-let product range as valuations are permitted to go ahead. Two year fixed rates start at 2.99% available up to 65% LTV, and 3.29% up to 70% LTV, with a maximum loan size of £750,000. The lender has reintroduced […]
VAS Panel has launched Project Monitoring, a new service which utilises its market-leading valuation panel management platform to provide property and development finance lenders with national coverage of monitoring surveyors throughout the country. The service has been created by shortlisting existing valuation panel members who have internal building consultancy departments and can offer initial and […]
A regional housebuilder has been able to support its future with a multi-million-pound Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank. Aquinna Homes, which is based in Beaconsfield and owns developments across the South East, was started in the garage of ex-Taylor Wimpey and Bovis Homes executive, Stephen Brazier, in 2004. The business, […]
Paragon Bank is continuing its support of residential development projects across London, providing an £11.8m funding package to EquaGroup to assist with the acquisition of a site known as ‘Ironbridge House’ in Hanwell and its subsequent conversion into 57 residential apartments. This funding will enable EquaGroup to continue to serve its goal of suppling high […]
The 10-bedroom inn offers en suite accommodation, breakfast room and lounge for guests to enjoy, along with a public bar and restaurant for around 70 patrons. The property also offers an attractive beer garden with views over the rolling hills and a substantial on-site car park for up to 30 vehicles. The Fish Inn is […]
