The Association of Short Term Lenders (ASTL) has announced the agenda for its Annual Conference, which takes place in London on Thursday 20 October 2022. The ASTL Annual Conference 2022, which takes place at RSA House in central London, will feature the launch of the short term lending industry’s first education programme and the ASTL’s first […]
eConveyancer has launched a new panel management partnership with Moray Group in Scotland. Moray Group includes multiple brands in the Scottish property market, including Simpson & Marwick and Esson & Aberdein. The agreement gives firms within the group access to eConveyancer’s panel of audited and benchmarked conveyancing firms through its feature-rich platform. The Moray Group […]
Specialist lender Cambridge & Counties Bank has launched a new VAT loan product for real estate investors and business owners buying commercial property assets. The product allows investors and owners to spread up to 100% of the VAT payable on the acquisition of commercial property assets over five months, alleviating what can be a significant […]
The Association of Short Term Lenders (ASTL) has announced the appointment of three new members to its executive board. The three new executive board appointments were elected by members of the ASTL from a record number of candidates and votes. The new board members are: Jamie Pritchard, sales director at Glenhawk Sabinda Robinson-Sandhu, head of […]
Tuscan Capital, the short-term property finance specialist, has announced the launch of a new base rate tracker option. The new option is available across Tuscan’s Fast Track Residential Bridge loans as well as its commercial and refurbishment loan products. The base rate tracker option compliments Tuscan Capital’s existing range of fixed-price products. Tuscan’s base rate […]
Bridging applications, completions and loan books all rebounded Q2 2022, according to the latest data from the Association of Short Term Lenders (ASTL). The figures, compiled by auditors from data provided by members of the ASTL, show that bridging completions were just over £1.2bn in the quarter ending June 2022, an increase of 17.4% on […]
United Trust Bank (UTB) held its first ‘Exchange’ Broker Forum (Exchange) in July to discuss the future of broker portals and digital interactions with lenders. Hosted by Nathan Mollett, head of asset finance at UTB, and Astrid Michael, Asset Finance head of sales, the Exchange comprises representatives from around 15 UK firms of varying sizes […]
Leading national broker firm Just Mortgages has announced the launch of a series of broker focus groups to better understand brokers’ requirements to enable them to branch into new product areas. The programme will draw brokers from across the country with different experiences and backgrounds in groups of 12 to brainstorm ideas such as how […]
Leading national broker firm Just Mortgages has announced the launch of a new business development initiative for their employed and self-employed brokers. John Philips, head of mortgages at Just Mortgages said, “Sadly mortgage brokers need to accept the strong likelihood that their business volumes will be reduced next year with completions taking longer, rising rates and […]
Latest HMRC tax receipts statistics published today show a summer heatwave of stamp duty land tax (SDLT) receipts, with more SDLT revenues collected (£1.497bn) by the Treasury in July 2022 than in any other summer month since records began. The only month in history that SDLT receipts have been higher was December 2021 (£1.737bn). Excluding Air […]
