Specialist buy-to-let lender Landbay has completely refreshed its core product range in response to unprecedented demand. Despite the high levels of demand Landbay is conducting all business, within its service level agreement (SLA) with most offers being issued within 72 hours. As part of the comprehensive refresh, Landbay has introduced a FREE valuation on its […]
The MCI mortgage club has appointed Hinckley & Rugby Building Society to its growing panel of lenders. The mortgage club recognises the growing demand within the specialist sector and continues to partner with innovative providers to maximise the number of solutions to accommodate all types of customer circumstances. Hinckley & Rugby has a novel approach […]
Responding to the Financial Services Bill that was introduced in parliament today, executive chair of UK Finance Bob Wigley said: “This legislation is an important part of ensuring we have the right regulatory framework in place following the end of the transition period. “The UK’s future success as a world-leading financial centre will best be […]
Specialist business property adviser, Christie & Co, is delighted to announce the sale of Wells Road Dental Surgery in Ilkley, West Yorkshire. Founded over 75 years ago, Wells Road Dental Surgery is a well-established two-surgery mixed practice which occupies the first floor of a large end-terraced character property in Ilkley, West Yorkshire, and enjoys a […]
Research by Mortgage Broker Tools (MBT) suggests that it is the wealthiest section of society that is driving the housing boom as searches for mortgages over £500k have increased by 43% since the announcement of the stamp duty holiday. According to data from the MBT Affordability platform, searches for loans for people wanting to borrow […]
Paragon Bank continues to support UK SMEs during coronavirus, providing a £130,000 Coronavirus Business Interruption Loan (CBILS) loan to Worcester-based engineering firm, GDK Engineering Company Ltd. GDK is a subcontract engineering firm, based in Worcester, specialising in low volume production of machined products. GDK approached Paragon for support when demand for their services dropped as […]
1pm plc, the AIM listed independent specialist finance provider, is pleased to provide the following statement ahead of its Annual General Meeting which is being held at 10.00am today. It also gives notice of the date of the Company’s 2021 Interim Results Announcement. AGM Statement The Group’s trading results in the first four months of […]
As the furlough scheme comes to an end on 31 October the banking and finance industry is committed to providing tailored support to customers facing financial difficulty. Following the commitment by the industry in March to provide payment deferrals to those customers that needed help, industry figures show that 162,000 mortgage payment deferrals are […]
Summary of Q3 results, January-September 2020 figures compared with January-September 2019 Lending up 2% to £21.8bn (corporate lending up 1% to £14.9bn) Deposits up 15% to £17.2bn (corporate deposits up 18% to £12.1bn) Assets under management steady at £3.8bn Income decreased by 3% to £420.2m Result before credit losses down by 9% to £146.6m Loan […]
United Trust Bank (UTB) has agreed to fund a £7.6m development of new houses and bungalows close to Milton Keynes in Buckinghamshire. The development, in the sought after village of Newton Longville, is being completed by James Taylor Homes in a joint venture with Housing Growth Partnership (HGP). James Taylor Homes is a long established […]
