More than a third (34%) of landlords have recently purchased another buy-to-let property (BTL) or intend to buy one within the next nine months, a survey by The Deposit Protection Service (The DPS) and Zephyr Homeloans has suggested. Results from the poll of 300-plus landlords suggest that the ‘opportunity to buy at a discount’ is […]
The Ministry of Economic Affairs and Digital Transformation has admitted to its safe testing environment for the transformation of the financial system (sandbox) the project submitted by BME, in collaboration with firms in the SME financing ecosystem. The project consists of the creation of a platform or “marketplace” for alternative financing that offers security to […]
After the crash that came with the pandemic last year, many businesses now appear to be on the up-and-up as lockdowns are lifted and life begins to return to some semblance of normality. For many businesses, covid is the single toughest problem they have ever had to face. But even many of those businesses which […]
In April 2021, contract awards increased by 58% compared to March to £9.1bn. This level of activity was last seen in January 2020. The latest edition of the Economic & Construction Market Review from industry analysts Barbour ABI, highlights levels of construction contract values awarded across Great Britain. Sector analysis shows that residential contract awards […]
Jenson Funding Partners are delighted to advise they have completed an investment in Treeapp who aims to provide a platform for environmentally conscious consumers to offset their carbon footprint by planting trees. Their ambition is to be the go-to platform for social and environmental impact. Treeapp is the only app that enables anyone to plant […]
LendInvest, the UK’s leading platform for property finance, has made sweeping changes to its bridging suite, including extensive rate reductions and the introduction of higher LTVs for land and commercial products. LendInvest has reduced rates across its entire residential bridging range with its 75% LTV product now available at 0.75%, and it’s 70% LTV product […]
The real estate team at London law firm Royds Withy King has partnered with State Bank of India (UK) Limited (SBI UK), a wholly-owned subsidiary of the largest Indian bank in the UK, State Bank of India (SBI), to secure an £8.2m loan on a refinance of a recently completed build-to-rent development. The real estate […]
Sesame Bankhall Group (SBG) has added Crystal Specialist Finance (CSF) as a distribution partner across it three advisory brands – Sesame Network, PMS Mortgage Club and Bankhall. With immediate effect, the specialist distributor will assist over 10,000 appointed representatives of Sesame Network and directly authorised individuals who are supported by PMS Mortgage Club and Bankhall. […]
Aspen Bridging has set a new monthly completions record having lent £23m in April 2021, and it plans to immediately exceed the figure in May. Comprising cases across 11 counties, submitted by 13 broker firms, deals ranged from a £4.5m development exit loan secured against a detached development in Kent to a £219k commercial purchase […]
Bolton-based J Dickinson & Sons is a family-owned commercial and domestic skip hire company offering recycling and waste removal services throughout the North West. What started out as a horse and cart haulage service more than 80 years ago, has grown into a 17-acre recycling village based at Rivington View Business Park, Horwich, near Bolton, […]
20/04/2021
Edition 291 – March/April 2021
Receivables 2020 The 24th annual Business Money report on the UK invoice fina...
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