Sirius Property Finance has returned to being a wholly owned subsidiary of Brightstar Financial, reacquiring the shareholding of Nicholas Christofi who was a co-founder of the business and managing director for 3 years. With this change, Nicholas will leave the company along with minority shareholder Leoni Alexandrou. Both Nicholas and Leoni have contributed much to […]
JMW Solicitors has become the latest organisation to join the Association of Short Term Lenders (ASTL) as an Associate Member. JMW’s Real Estate Finance team is one of the largest dedicated finance teams in the north west of England, with a team of lawyers with in-depth sector knowledge and more than 20 years of industry-specific […]
Two-thirds of buy-to-let landlords (66%) do not intend to sell any of their property in the next 12 months and 36% of those actually intend to buy, according to the latest Landbay survey. The other third (34%) are thinking of selling but only one in ten of them will sell all of their property with […]
Hodge has announced further enhancements to its Professional Mortgage, offering customers with complex incomes even greater financial flexibility in the current climate. The specialist lender, which works with high net worth individuals and professionals with diverse income streams across the UK, is removing the need to meet capital repayment affordability when assessing Interest Only applications, […]
Specialist lending firm Somo Bridging has today launched its much-anticipated Black Friday 2023 event, which gives borrowers a massive 90% refund on valuation costs. Last year’s one-day-only Black Friday event resulted in a 400% increase in deals locked in, but Somo expects this year to be an even bigger success because, in a change to […]
The Big 6 regional office markets (Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester) recorded c.892,000 sq ft of take-up in Q3 2023, 15% up on the previous quarter but 11% down on Q3 2022. The decrease was a result of continued economic uncertainty, but there remains a healthy pipeline of activity with 3.2 million sq […]
Two-thirds of younger Londoners support green belt reform to help solve the capital’s housing crisis and enable them to buy their first home, according to research. Pocket Living, which builds affordable homes for first-time buyers, surveyed 1,000 Londoners aged between 25 and 45 and found more than three quarters, 78 %, felt the government was […]
Data from Knowledge Bank’s September criteria index reveals persistent themes of a financial landscape that continues to challenge both borrowers and lenders. While some trends have remained consistent throughout the year, indicating long-standing challenges in the market, emerging trends suggest that brokers are exploring new strategies to navigate economic uncertainty and find solutions for their […]
finova Payment and Mortgage Services today announces its partnership with digital mortgage lender Molo, further expanding the portfolio of lending products available to finova’s directly authorised (DA) broker club. Through this partnership, finova’s 450+ brokers will have access to Molo’s diverse range of online mortgage products. The entire process is online and doesn’t require any […]
The value of the first time buyer (FTB) economy, comprised of lending and spending, is set to reach a total of £74.1bn by 2025, according to latest research by Coventry for intermediaries in partnership with the Centre for Economics and Business Research (Cebr). This research forms part of Coventry for intermediaries’ second edition of The First Time Buyer […]
