Precise Mortgages, part of leading specialist lender OSB Group, has increased the number of product transfer options, providing greater choice and more flexibility. The addition of products with fees to complement the range of fee free products will provide more options and support brokers and their customers looking to manage their immediate monthly costs, which […]
New report from CPRE, the countryside charity reveals impact of overlooked rural housing crisis and explains how the next government can fix it. People are being driven out of the countryside by record house prices, low wages and a proliferation of second homes and short-term lets. Homelessness is up 40% since 2018 in rural England, […]
Specialist short-term lender, Hope Capital, has secured a committed facility delivering up to £25m in funding from Shawbrook Bank. This multi-million-pound facility is the latest funding line acquired by the lender and will be key in supporting Hope Capital’s ambitions as it looks to develop its proposition and achieve further growth. Hope Capital is an […]
Short supply of stock and tougher conditions for landlords will keep UK rental growth strong in the short-term, according to Savills, with 9.5% growth in forecast for the calendar year (2023). While this is lower than the 11.2% seen in 2022, it is still higher than any other year on record, according to Zoopla’s rental […]
Hodge is removing height restrictions from its lending criteria, meaning it will accept applications for mortgages on homes in England that are in privately built properties more than six storeys high. The specialist lender has also confirmed it will be accepting applications for homes built by Modern Methods of Construction (MMC), subject to referral to […]
Funding 365 has today revealed a significant overhaul of its products following the announcement last week that it has secured a new £200m + funding facility from a global investment bank. Its Residential Bridging and new Light Refurbishment products now feature fixed monthly interest rates from 0.74%pm up to 65% LTV, from 0.79%pm up to […]
Karis Capital has announced its launch as a premier real estate debt advisory firm with plans to redefine how developers and investors navigate the complexities of real estate financing. The new firm is being led by CEO Nicholas Christofi, who has established reputation in structured finance, and co-founder Demetrios Antoniou, an accomplished property investor and […]
Germany, France, Sweden, Norway and the UK are most in need of more EV charging points, according to new research from Savills, providing opportunities for real estate landlords and investors. Savills says that these five countries account for 77% of the European chargers that will be needed in the next two years. For Germany, the […]
Deloitte’s latest London office crane survey sees the highest volume of new offices being built since 2005 the study was extended to cover seven central London areas. Currently, 124 schemes are under construction totalling more than 15m square feet in volume in the West End, Midtown, Southbank, Docklands, Kings Cross and Paddington with The City […]
Three-quarters of landlords (74%) welcome the government’s decision to scrap the proposal that all rental property must have an Energy Performance Certificate (EPC) rating of at least C by 2028. The findings are in the latest Landbay landlord survey, which highlights a change in attitude towards making energy efficiency upgrades to properties. Slightly fewer landlords […]
