Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced reductions of 40 basis points (bps) across its tracker mortgage product range. The lender said that it is offering: 5.94% (BBR + 1.69%) on a lifetime tracker standard buy-to-let mortgage product at 65% loan to value (LTV) for properties with an A to C-rated energy […]
The number of brokers who say they now use an affordability system for at least two thirds of their cases has increased to 87%, resulting in more brokers working with a larger number of lenders. This is according to research by Mortgage Broker Tools (MBT) and represents a significant increase on the 70% of broker […]
Specialist short-term lender, Hope Capital has announced it has rejuvenated its residential refurbishment offering by now providing up to 80% LTV to its brokers and borrowers. This brand-new offer enables borrowers to now receive c15% more funding on their Day 1 borrowings, providing investors and developers with a fantastic opportunity to optimise their cashflow and […]
Clear and concise criteria are the most important factors for brokers in choosing a mortgage lender, according to new research from Pepper Money. Research conducted on behalf of the specialist lender amongst more than 500 brokers found that just over 41% value clear and concise criteria as the most important characteristic in identifying a preferred […]
All the vital signs of the UK property market confirm a return to strength, according to Home.co.uk’s Asking Price Index for April. The combination of cautiously rising prices, dramatically lower marketing times and a restrained supply of properties for sale confirms that the market has adapted to a rise in mortgage interest rates and buyer […]
Specialist buy-to-let lender Landbay has launched a new set of Special Edition five-year fixed rate mortgage products with rates starting at 4.99%. The new range provides price certainty with combined flexibility as there are only three years of early repayment charges (ERC). This means the borrower can redeem the mortgage in years four and five […]
Capital 38 and development partner Morgan Capital have achieved planning permission for 21 Bloomsbury Steet, WC1 – an 86,000 sq ft best in class, highly sustainable, office refurbishment designed by Stiff & Trevillion. With work due to commence in Q3 2023, the comprehensive refurbishment and extension includes an additional sixth floor office and seventh floor […]
The figures, compiled by auditors from data provided by members of the ASTL, show that bridging applications continued to rise, with £8.6bn worth of applications recorded during the quarter. This represents an increase of 9.1% compared to the quarter ending September 2022. Bridging loan books also grew again in the final quarter of the year, […]
Berlin, Toronto, Paris and Madrid’s real estate markets have some of the lowest risk overall to climate change, says Savills in its new Climate Resilient Cities Index, launched as part of Impacts, its global research programme. Although they may still be vulnerable to significant climate hazards, their geographic positions, combined with other factors including city […]
Metro Bank’s Cardiff Queen Street store will be hosting a property networking event – open to all property owners and landlords – on Tuesda 11 April from 5p.m. – 7p.m. Local property experts will speak at the event. The Bank hosts these events regularly and over thirty property investors and individuals working within the industry […]
