After a successful three-month pilot, today Spring Finance launches its specialist bridging proposition to the wider market. The specialist lender says it will be offering a comprehensive range of loans to support intermediaries and customers with the aim of building a trusted and respected funder that makes quick, robust decisions and provides a flexible, supportive […]
New research out today from Smart Money People, the UK’s largest financial services review site, has found that broker satisfaction with UK mortgage lenders has levelled out for H1 2022, as the market prepares to respond to changing customer needs with the cost of living crisis. Building societies remain the top rated sector for broker satisfaction, […]
Central Trust, the first and second charge lender, has today (20 June 2022) extended the availability of its Consumer Buy-to-let (CBTL) mortgage proposition by making it available to borrowers in Northern Ireland. CBTL mortgages are regulated by the FCA. They are suitable for landlords who originally purchased the property with absolutely no intention to rent […]
Pepper Money has repriced its range of affordable housing, residential and buy-to-let mortgages in response to rising swap rates. The specialist lender has increased rates across its residential fixed rate range by an average of 0.64% in line with the rising rate environment. Full details of the product range are available at pepper.money. Brokers who […]
Leading national broker firm, Just Mortgages has announced the launch of a new initiative for self-employed brokers; a fully white-labelled digital marketing package. Building on the hugely successful marketing support currently available to brokers this new digital package is now available for brokers who wish to promote their own trading style and brand. One of […]
The specialist property finance lender is supporting its lending in the region with a BDM based in Scotland and dedicated Case Manager, to deliver brokers and their clients with specialist expertise, smooth processes and quick decisions. With a 30-year track record, Alternative Bridging has an experienced and dedicated team of property finance professionals who have […]
The latest research by Revolution Brokers has revealed which areas of the commercial real estate market are currently most in demand when it comes to the requirement for rental premises, as well as how this demand differs when dissecting the market on a regional basis. Revolution Brokers analysed the current commercial rental market, looking at demand for […]
Aspen Bridging has saved a developer’s project after the previous lender refused to extend available finance to cover cost overruns brought on by the increasing price of building materials. The six-bedroom detached house in Gerrards Cross, Berkshire required further funding to complete the refurbishment, which would ultimately have a market value of circa £2.5m Having […]
Nearly a third of construction firms have been forced to switch from housebuilding to other types of work due to inadequate professional indemnity insurance, PII, according to an industry poll. The Construction Leadership Council’s, CLC, survey found SMEs were particularly badly hit by increased premiums and excess levels plus wide-ranging exclusions. Out of the 652 […]
United Trust Bank (UTB) has further improved its ‘Heavy Refurbishment’ offering as it continues to expand and enhance its product range to support both experienced property professionals as well as those just beginning their property development journey. The product changes are immediately available with slightly differing criteria depending upon the borrower’s level of experience. Heavy refurbishment […]
