Fleet Mortgages, the buy-to-let specialist lender, has today (9 August 2023) launched a range of two-year fixed-rate mortgages in its three core ranges – standard, limited company and HMO/MUB. The lender’s two-year fixed-rate mortgage, available up to 75% LTV, is priced at 5.79% for standard and limited company borrowers, and 5.99% for HMO/MUB borrowers. Two-year […]
Incorporation relief can save £100,000s, but strict eligibility rules apply. Here’s what landlords need to know. Scores of portfolio landlords are incorporating their property portfolio as limited companies, which could save hundreds of thousands of pounds on Capital Gains Tax (CGT) and Stamp Duty Land Tax (SDLT). However, a leading tax expert has warned that […]
The Association of Short Term Lenders (ASTL) Bridging Mortgage loan books continued to grow in Q2 2023, increasing by more than 5% to an all-time high of just over £7.1bn. This is following the latest data collection information provided by its member lenders. The figures, compiled by auditors from data provided by members of the […]
Rents continue to remain robust and in most locations are continuing to rise, according to the latest market research reported in SHW’s Industrial & Logistics Focus Q3 2023. Tim Hardwicke, SHW’s partner and head of agency, comments: “Due to a number of factors, such as land prices, build costs and softening of yields, rents are […]
Giving Homes England the power to acquire land, masterplan and grant planning approval offers a glimmer of hope for scaling up housing delivery. Housing and levelling up secretary Michael Gove’s speech earlier this week focused on elevating the government agency’s role to one similar of the development corporations of the 80s. He was critical of […]
The latest market analysis by bridging finance specialists, Apex Bridging, has revealed that since the property market has started to cool, there has been an average quarterly increase of 22% in gross lending across the bridging sector, with this total forecast to increase further by the start of 2024. Apex Bridging analysed the latest figures […]
The Out-of-Town Retail and Leisure market has continued to be the best performing sector of the retail property market, according to SHW’s Retail Focus Q3 2023. Jeremy Good, director at SHW, which recently merged with Ashwell Rogers, says: “Whilst the sector suffered from rental falls in the period leading up to and immediately after the […]
One Mortgage System (OMS) has become the latest professional organisation to join the Association of Short Term Lenders (ASTL) as an associate member. OMS is a customisable CRM system for mortgage and protection intermediaries that can be used by brokers, packagers, networks and lenders. The OMS platform has been created by brokers, for brokers, packagers […]
Prime office rents in Riyadh have growth by 13% over the last 12-months, fuelled in part by the looming regional HQ programme deadline, which goes into effect in January 2024, according to global real estate consultancy, Knight Frank’s Summer 2023 Saudi Commercial Market Review Faisal Durrani, partner – head of Middle East research, explained: “Corporates […]
Leading prime property finance firm CapitalRise has originated a new loan for the airspace development of four new luxury rooftop flats in Sloane Court East, Chelsea. Construction will add two storeys to the existing six-storey property, creating over 4,456 sq.ft of new space. The block is situated in the affluent Royal Borough of Kensington and […]
