Companies in the tech sector are facing higher office costs in major cities around the world as the price of creating top quality and sustainable space to attract talent rises in response to inflation, says Savills. The international real estate advisor’s Q2 2022 Prime Office Costs (SPOC) in key cities shows that inflation and supply chain […]
Central Trust, the first and second charge mortgage lender, has today (27 July 2022) launched a Family-Let and Let-to-Buy range. The family-let range will be available up to 80% LTV, with the let-to-buy range available up to 75% LTV, loans from £10,000 up £250,000, across England, Scotland, Wales and Northern Ireland. Both allow up to […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has appointed Brilliant Solutions, the buy-to-let mortgage club for brokers, as a packager partner. Zephyr said the change would enable Brilliant Solutions to manage landlord customers’ applications for Zephyr’s standard and specialist BTL mortgage products. Paul Fryers, managing director at Zephyr Homeloans said: “We have worked with […]
The UK property market continues its upward trajectory as recent data from Halifax shows that the average house price now stands at £294,845, which represents a 6.8% rise, or £18,849 since the start of the year. This means that house prices have risen every month over the last year as the supply-demand imbalance continues to be […]
The Financial Intermediary & Broker Association (FIBA) and Association of Short Term Mortgage Lenders (ASTL) have confirmed a framework for their ongoing education programme for the commercial property finance industry, which is due to be launched later this year. FIBA and the ASTL are working with the London Institute of Banking & Finance (LIBF) on […]
Chancery Capital has announced it has joined forces with specialist short-term lender, Hope Capital. The strategic partnership will provide borrowers with easy access to tailored, innovative and flexible bridging finance solutions for Chancery Capital’s clients. By combining both company’s expertise and knowledge, together via this working partnership, Chancery Capital and Hope Capital have created an […]
A webinar poll undertaken by Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, found that over two thirds of property professionals (64%) are reported to be somewhat or very confident about their business prospects over the next 12 months. These responses emerged at Countrywide Surveying Services’ regular webinar series […]
Landbay is extending its buy-to-let range for intermediaries and their landlord clients with the launch of its first 10-year fixed rate mortgage range. To start with Landbay is introducing four new products initially available on a semi-exclusive basis with wider distribution later in the year. The new range is for standard properties and small HMOs […]
Mortgage Broker Tools (MBT) has added MFS to its MBT Affordability research platform. MBT Affordability, which already features the largest panel of residential and buy-to-let lenders of any affordability platform, will now also include accurate buy-to-let calculations direct from MFS. Already a well-established lender in the bridging market, MFS launched its buy-to-let proposition earlier this […]
New research from Bank of London and The Middle East (BLME) reveals pandemic restrictions had little impact on real estate investment from Gulf Corporation Council (GCC) countries into the UK. Based on in-depth interviews with experts from real estate services companies holding more than £60 billion AUM, the Bank predicts that real estate investment from […]
