Specialist short-term finance provider, Bridge Help, has joined the finova Payment and Mortgage Services lender panel. Bridge Help’s partnership with finova – which supports more than 70 leading lenders, 3,000 mortgage brokers and 200 financial institutions – will enable the lender to further expand the reach of its products and services to brokers. A market-leader […]
Hampshire Trust Bank (HTB) has relaunched into the bridging market following the creation of its new bridging team. The new team is in place to provide a truly bridging-focused offering. The team is led by Jamie Jolly, who has recently joined the bank as director of bridging with over 20 years’ experience in the market. […]
Prime London rental growth reached +14.0% in the year to the end of September 2022, according to Savills, as tenant demand continues to significantly outweigh supply. This is the highest growth since the firm’s records began in 1979. Prime London rental growth reached +14.0% on the year in Q3 2022 – the highest growth since […]
OSB Group has become the latest member to join the Association of Short-Term Lenders (ASTL). OSB Group is a leading specialist lender, primarily focused on carefully selected sub-segments of the mortgage market, with lending brands that include Precise Mortgages, InterBay Commercial and Heritable Development Finance, as well as Kent Reliance for Intermediaries. Later this month, […]
Research by Warwick Estates reveals that Scotland is set to continue its domination over Britain’s new-build market with the total number of annual sales once again dwarfing those of any other region in 2022. In 2021, there were 54,788 new-build sales transactions in Great Britain. Scotland was, by far, home to the largest proportion of […]
finova Payment and Mortgage Services today announces its partnership with digital challenger bank, Tandem Bank, further expanding the portfolio of lending products available to finova’s directly authorised (DA) broker club. Tandem is one of the UK’s top rated digital banks – ranked in the top 20 of UK digital banks – and has a track […]
The latest property market analysis by estate and lettings agent, Barrows and Forrester, suggests that the latest cuts to stamp duty could help boost the number of property transactions seen across the property market by 26%. Last week, the government announced the previous SDLT threshold payable between £125,000 and £250,000 would be scrapped while the tax […]
A new development finance fund to help regional SME housebuilders thrive has been launched by Newstead Capital in partnership with the government’s housing accelerator, Homes England. Homes England, Greater Manchester Pension Fund and listed wealth manager Mattioli Woods are among a string of investors who have committed £80m to the new lending facility. Homes England […]
Alternative Bridging Corporation has expanded its office by more than 50% to accommodate its larger team and support the continued growth of the property lender. Since the beginning of the year, Alternative Bridging has grown its team by more than 25% and the lender has recently taken on 50% more office space to support this […]
Rising costs are piling the pressure on private landlords and investors, increasing concerns that some will be unable to hit the government’s energy efficiency targets. The residential property sector has come under mounting pressure to raise energy efficiency standards with official statistics suggesting that over half of the homes in England are rated D or […]
