Assetz Capital, a leading SME property development finance provider, has updated its development finance product to allow full planning gain as a valid equity contribution, reducing the cash required from developers and enabling them to fund more schemes. Andrew Fraser, chief commercial officer at Assetz Capital, said: “By recognising planning gain as a genuine contribution, […]
Gatehouse Bank has today announced a series of criteria updates and reduced documentation requirements across selected buy-to-let purchase plans. The Bank has reduced the minimum level of experience required for landlords looking to purchase Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs). Customers will now be required to provide a minimum of one years’ experience […]
Access Financial Services (“Access FS”) is launching a new internal specialist finance packaging division. The mortgage and protection brokerage’s specialist finance offering will include fully regulated and non-regulated bridging propositions, a whole of market 2nd charge mortgage offering, semi-commercial and fully commercial mortgage whole of market lending and a development finance proposition. The move is designed […]
Specialist lender Together has reclassified how it determines semi-commercial properties to support even more clients. Properties will be classed as semi-commercial if up to 60% of their floor space used for commercial purposes, specifically for retail use, an increase from the previous maximum of 50%. The change, which was introduced on Friday (17 October ) […]
Assetz Capital, one of the UK’s leading SME property development finance providers, has launched a dedicated First-Time Developer Finance option aimed at bringing experienced business and property professionals into UK housing development, giving them the opportunity to deploy their capital safely while leaning on Assetz Capital’s market expertise and regional presence throughout whole of the […]
Buy-to-let lender Landbay has announced rate reductions across its five-year fixed rate Premier products, with rates now starting at 4.09%. The biggest reduction is to the Premier five-year fixed rate products available at up to 75% loan-to-value (LTV) – with all four products cut by 0.15%. The free valuation remortgage products in the Premier range […]
LendInvest Mortgages (LSE: LINV), a leading UK fintech platform dedicated to specialist lending, has lowered interest rates across a selection of its buy-to-let (BTL) products. All 2-year fixed term loans will be reduced by 10bps, with the lowest rate now at 3.14%, resulting in the lender’s lowest rate of 2025. Additionally, the company is reducing […]
Landbay is launching two new Premier like-for-like products. The buy-to-let lender is introducing a Premier like-for-like 2-year fixed rate remortgage at 4.49% with a maximum 75% LTV and a 2% fee. Additionally, Landbay is introducing a product transfer (PT) version, also a 2-year fixed rate with a maximum LTV of 75% and a 2% fee […]
After a highly successful commercial pilot with a selected group of brokers, West One has announced that from today its commercial mortgage offering is available to the wider market across England and Wales. The commercial mortgage product range offers rates from 6.69% on semi-commercial properties and 7.44% on commercial properties. LTVs are offered up to […]
SDKA has dropped its Bridge 75 Residential rate by 50bps to 0.84% per month for loans over £250k and up to 75% LTV. Designed for property investors with an active interest in buy-to-lets, houses in multiple occupation (HMOs) and buildings requiring refurbishments, terms are available from three-to-24 months with a maximum loan size of £10m. […]
