Robert McKechnie, Open Banking Expert at Equifax UK, underlines the pivotal role of Open Banking amid the Covid-19 crisis: “Covid-19 has had a dramatic effect on many people’s finances, altered consumer behaviour and disrupted working environments. As we navigate a path out of the lockdown, Open Banking has the capacity to support financially vulnerable people, […]
Zephyr Homeloans, the specialist buy-to-let (BTL) lender, has joined the mortgage panel at Openwork, one of the UK’s largest and longest established financial advice and investment networks. Openwork’s community of more than 4,000 advisers and 1.2 million clients will now have access to Zephyr’s range of buy-to-let products, which cover loans up to a value […]
New research commissioned by MBH Corporation plc, a UK headquartered listed diversified investment holding company that acquires successful, strong-performing small to medium enterprises across multiple geographies and sectors, reveals that despite the financial and economic impact of coronavirus, nearly a third (30%) of well-established successful SMEs still expect to see their profits increase over the […]
Pepper Money has relaunched its buy-to-let purchase mortgages for individual investors and limited companies after closely monitoring the market and demand from both tenants and investors. In addition, Pepper Money will also be making its new Pepper Light mortgage range available on buy-to-let purchases for the first time. Pepper Light is a range of products […]
Overview The Covid-19 pandemic has impacted nearly every corner of the world and, consequently, global real estate investment activity slowed dramatically over the first half of 2020. Global investment volumes fell by 33% in H1 2020 compared to H1 2019. Asia-Pacific led this fall, with volumes down 45% in H1 2020 compared to H1 2019, […]
The results of the first fortnightly GM Recovery Tracker survey conducted by Greater Manchester Chamber of Commerce show a slight improvement in customer demand as the relaxation of lockdown measures continues. After a historic collapse in demand during lockdown, the survey reveals an improvement in sales but 43% of the respondents fear their revenues may […]
Landbay, one of the UK’s leading buy-to-let lenders, has today increased its maximum loan sizes from £1m to £1.5m on all standard properties, houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). It has also increased the maximum loan size on new build properties to £750,000 up from £500,000 across its whole range. Landbay […]
The latest sentiment survey from the Association of Short Term Lenders (ASTL) shows that bridging lenders are upbeat about the long term prospects for the UK economy despite the uncertain outlook and immediate challenges faced by the sector. The research, which was conducted amongst members of the ASTL in the first half of July, found […]
Arbuthnot Commercial ABL is pleased to announce the recent completion of a £2m financing for Climatec Windows Limited and Alu-Tec (UK) Limited. The facility will be used to support the group’s day-to-day management team in the acquisition of a material equity stake alongside its existing shareholder directors, Steve Barker and Phil Bates. This has meant […]
The accountancy profession can play a key role in helping businesses access the finance they need to secure their future beyond the pandemic, according to leading small business lender iwoca. Small businesses need help from their accountants in applying for finance. iwoca is therefore aiming to make it easier for accountants to give their clients […]
