Virgin StartUp releases new research to celebrate funding its 4,000th founder. Virgin’s not-for-profit entrepreneurial hub reveals that one in three (33%) Brits dream of becoming an entrepreneur and would like to set up their own business. According to the study, approximately two million (5%) people have started a side project during lockdown. A further one […]
Brickflow – the UK’s first search engine for development finance – has secured £47.6m in approved loans in its first six months, supporting the delivery of 220 (208 residential and 12 commercial) units. Launched on 30 October, the digital platform connects borrowers and lenders in seconds, addressing widely-reported funding access issues. In its 2020 Housebuilders’ […]
Specialist business property adviser, Christie & Co, has announced the sale of Duke Street Dental Centre in Brighton. Duke Street Dental Centre is a three-surgery, predominantly private practice located in the heart of the historic Brighton Lanes in East Sussex. The business was previously owned by husband-and-wife team, Dr David and Dr Aideen Simpkins, and […]
International fintech and payments group, moneycorp, is pleased to announce a new partnership with MHA, one of the UK’s top twelve accountancy networks. The partnership will see the world-leading global payments experts provide insight and guidance to another top accountancy firm, supporting clients in developing their currency risk management strategy whilst bolstering international business growth. This partnership sees moneycorp […]
Arbuthnot Latham, the private and commercial bank, has provided a £20m facility to help drive growth and business development opportunities following the demerger of Solo Capital Homes Ltd.’s portfolio. The funding, split into two facilities of £10m, will be used by Solo Capital Homes Ltd. and the Crestvale Properties Ltd. Solo Capital Homes Ltd. is […]
New bridging applications achieved £7.49bn in Q1 2021, an increase of more than 25.5% on the same period in 2020. This is according to the latest figures compiled by auditors from data provided by members of the Association of Short-Term Lenders. The data shows that the value of new bridging applications in Q1 2021 was […]
Smaller housebuilders are to be given a better chance of bidding to develop public land following a major overhaul of the system. Housing accelerator Homes England is making the process more flexible and simplifying access so smaller developers and new entrants can participate. Homes England chief land and development officer Stephen Kinsella said: “This new […]
Pitch 4 Finance has saved a client almost £80k a year in interest payments after a broker used the platform to refinance a property portfolio. The client’s extensive portfolio was financed by an existing loan of £4.7m, which was charged at 5.20%, equating to annual interest payments of £244,400. Using Pitch 4 Finance, the broker […]
Impact Specialist Finance has been reappointed to the Sesame Bankhall Group approved specialist lending panel of master brokers after an extensive review of all panel members. This partnership will enable Sesame Network and PMS Mortgage Club members to access Impact’s extensive range of specialist lending solutions, leading edge technology via the impact portal and relationships […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has added New Leaf to its select distribution panel. The arrangement will allow advisers within the New Leaf network access to the CHL Mortgages new BTL range which includes two five-year fixed rate products which are available at a rate of 3.25% up to 75% LTV and 3.10% […]
