Allica Bank, the fintech challenger bank dedicated to supporting established small and medium-sized businesses, has today announced the launch of a ten-year fixed-rate business mortgage. Its aim is to give businesses the option of some much-needed long-term certainty in a turbulent market, and help SMEs plan and manage their business costs. The launch comes […]
Castle Trust Bank has joined the National Association of Commercial Finance Brokers (NACFB) as a Patron of the Association. Established in 1992, the NACFB is the largest trade association for commercial finance brokers in the UK, with a vision to be the professional association of choice for all commercial finance brokers and lenders servicing the […]
Mortgage Broker Tools (MBT) has launched a new Mortgage Helpdesk, giving brokers immediate telephone access to experts who are able to help research the best solutions for their difficult cases. The MBT Mortgage Helpdesk, complements the MBT Affordability digital research platform, by providing brokers with access to an experienced team who are on hand to […]
Affordable home building in England could increase to 60,000 homes a year with a package of government policy support and funding for housing associations. A significant increase on the current five-year average of new homes delivered of 43,000 a year. New research, ‘Mind the Gap: not-for-profit housing associations’ role in delivering new affordable homes’, published today by the G15 […]
Savills latest Prime Office Costs (SPOC) analysis for Q3 2022 shows that fit-out costs in key office markets around the world have continued to climb with inflation, rising an average of 10%, with increased rents in many markets also contributing to higher total net effective costs for office occupiers. Overall, the markets which have seen […]
New data from the leading flatshare site SpareRoom reveals that the UK rental market is in crisis, with demand for rooms at an all-time high and supply hitting a nine-year low. As a result, rents have gone up by a massive 32% in the same period with no sign they’re slowing down. The pandemic created a huge […]
Aldermore has today introduced a range of new products and rates on its residential owner-occupied and buy-to-let mortgage range, helping to support borrowers with different needs. Aldermore has reintroduced its standard level 1 £999 fee residential owner-occupied range and its high LTV £999 fee range for borrowers with smaller deposits. 2-year and 5-year fixed rates […]
Hampshire Trust Bank has become the latest member to join the Association of Short-Term Lenders (ASTL). Hampshire Trust Bank is a specialist bank staffed by experts focussed on providing asset finance, specialist mortgages and development finance solutions. It offers a range of specialist buy to let and semi commercial mortgages, residential and commercial bridging loans, […]
The latest market analysis by Unlatch, the new homes sales progression and aftercare platform for developers and housebuilders, reveals that Great Britain’s new-build housing market is worth almost £3bn in 2022 with two of its capital cities – London and Edinburgh – leading the way. New-build sales records from the Land Registry show that there […]
Topland, one of the UK’s largest privately-owned real estate groups, has grown its structured finance loan book having delivered £50m in new funding in September. The alternative lender has deployed five new loans against alternative asset classes, including three in the hospitality sector. Other sectors included education and residential property. The new lending includes a […]
