Brickflow, the digital market place for specialist property finance has formalised its first Broker Network partnership with Connect, one of the UK’s Leading Specialist Networks of Appointed Representatives (ARs) and Packagers. The agreement reflects a continued shift towards digitisation in specialist property finance as an increasing number of large-scale organisations strive to optimise process and […]
A record £5.1 bn was invested in the UK Build to Rent (BTR) sector in 2024, with more than half of this total committed in the final quarter, according to international real estate adviser Savills. The firm’s latest UK Build to Rent Market Update reveals that investment in 2024 was 6% higher than the previous […]
Gatehouse Bank has today reduced rental rates across selected Home Purchase Plans (HPP and Buy-to-Let (BTL) products for new and existing customers who are UK Residents. These reductions will cover selected standard and green two-year and five-year fixed term products for individual applicants as well as UK-registered SPV Limited Companies. For UK residents seeking HPP […]
Mortgage brokers have told BTL lender Landbay that they are now expecting only two more interest rate cuts in 2025, following the release of higher-than-expected inflation data. At a webinar launching its new product transfer service, Landbay polled 105 mortgage intermediaries on their view of the interest rate situation. This was hours after the Office […]
Investment turnover in the office sector rose over 7% globally in 2024, from $164bn to $176bn, says Savills, with total global commercial real estate investment turnover last year reaching US$828bn, representing a near 8% increase in comparison with 2023. In its annual Review of Global Capital Markets report, the international real estate advisor says that therecovery extends beyond […]
Rent and mortgage spending increased slightly to 2% year-on-year in January according to the latest Barclays Property Insights report. Despite this increase, consumers’ confidence in their ability to afford rent and mortgage payments remained unchanged month-on-month at 52 %. Anticipating the Bank of England’s recent decision to cut the Base Rate, consumer concerns around rising […]
InterBay, part of the leading specialist lender OSB Group, has refreshed its entire semi-commercial and commercial product ranges; including new limited edition products for both purchase and remortgage. The limited edition products have rates starting at 6.94% for commercial and 6.19% for semi-commercial with a 3% fee which are ideal for clients needing larger loans. […]
Blackfinch Property has provided a £2.1m development loan to support the first phase of Dolbeare Meadow, a sustainable mixed-use commercial project in Ashburton, Devon. The first stage includes a 4,300 sq ft Co-op convenience store, already pre-let, along with essential infrastructure to support future phases. Plans for later stages include a drive-through café, an EV charging park, […]
Sellers across Greater London and the South of England are resorting to competitive pricing due to high stock levels, according to Home.co.uk’s February asking price index. Contrary to seasonal expectations, the mix-adjusted national average asking price has dipped since last month, driven by significantly lower pricing in the capital as well as the South East and South […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced it is reducing rates on its two and five-year mortgage products. The lender said that it is offering the following for properties with an A to C-rated energy performance certificate (EPC): 3.14% on a two-year, fixed rate, standard mortgage up to 65% LTV, with a […]
