Thorough research is even more important for investors in HMOs and holiday lets according to the latest Affordability Index by Mortgage Broker Tools (MBT). Analysis of real cases processed through the MBT research platform shows that, over the course of 2021 so far, while there has been a sizeable difference of £221,173 between the average […]
Real estate debt advisory specialists, Sirius Property Finance, has revealed that land plots account for just 1.4% of current for sale stock listed on the market and demand is high, with 55% of these already being snapped up by developers. As part of the most recent Budget statement, Chancellor Rishi Sunak announced £1.8bn of government […]
West One Loans buy-to-let division has been added to Brilliant Solutions’ growing direct to lender panel, a move which will further boost the lender’s desire to be the ‘go-to option’ for brokers in the buy-to-let arena. The announcement from West One, forms a key step in the growth strategy for 2021 as West One continues […]
Specialist Hub, the specialist finance broker, has today announced it has been appointed to the packager panel of buy-to-let specialist lender, Fleet Mortgages. Specialist Hub’s lending portfolio includes commercial and semi-commercial, regulated and unregulated bridging, specialist buy-to-let, invoice and stock finance, and residential first and second secured loans. The company has over 38 years’ experience […]
National broker firm Just Mortgages has launched new digital marketing packages to support brokers in generating leads. These packages are Just Mortgages’ latest initiative in supporting brokers, a key part of its ethos. Available to both employed and self-employed brokers, these packages are designed to support Just Mortgages advisers by equipping them with all the […]
Hodge has reduced its rates on holiday let mortgages by 0.10% on 75% LTV rates. This latest rate drop comes after the intermediary only lender also reduced the rates on its 50+ and RIO mortgage products, of 0.30% and 0.20% respectively. Emma Graham, business development director at Hodge, said: “Here at Hodge we are always […]
Paragon Development Finance has launched a Green Homes initiative to support SME housebuilders developing new domestic properties with the highest energy performance standards. Under the scheme, developers delivering homes with an Energy Performance Certificate rating of A will receive a 50% reduction on loan exit fees. To qualify, at least five private units must be […]
Specialist buy-to-let-lender Landbay has launched a brand new suite of five-year fixed rate remortgage products for loans between £250,000 and £500,000. As November is traditionally a busy remortgage month Landbay has released five Limited Edition products to co-inside with expected demand. LTVs are either 65% or 75% with a free valuation option on the standard […]
Data from central London estate agency, Bective, has shown how tenant demand has returned to the capital’s rental market as the pandemic freeze continues to thaw. Bective’s analysis of new lettings applicants shows that in the six months between October 2020 and March of this year, the number of new applicants climbed by 34% when compared […]
The initial Build-to-Rent (BTR) opportunity will be focused on the district’s Red Bank neighbourhood, which will deliver around 1,500 high quality BTR homes on the edge of the city centre. The BTR provision in Red Bank will be complemented by affordable housing and homes for open market sale as part of plans to deliver a […]
