Searches for 95% LTV mortgages have increased by nearly eight times since the start of the year, according to Mortgage Broker Tools (MBT). Data from the MBT Affordability platform shows that searches for 95% LTV mortgages were more than 7.6 times higher in March this year than they were in January. As a proportion of […]
Impact Specialist Finance are delighted to announce that they have been provided access to exclusive 85% LTV mortgages from Pepper Money, on its Pepper 24 and Pepper 24 Light product ranges. Pepper 24 is available to customers who may have experienced defaults, missed payments, arrears or CCJs in the last 24 months. The 85% LTV […]
United Trust Bank (UTB) is funding a development of 25 family homes on the edge of the Lake District National Park. The development, situated in the Cumbrian village of Hackthorpe, is being completed by successful regional housebuilder Genesis Homes in a joint venture with Housing Growth Partnership (HGP). The scheme comprises a mix of 2 […]
This panel addition will provide F4B Network members with access to Hodge Bank’s extensive range of specialist residential and buy-to-let products, with a particular focus on its holiday let proposition and portfolio BTL product where one loan covers multiple properties. The F4B Network was created on the back of demand from intermediary introducers who have […]
VAS Audit has reported its busiest ever month on record, with the company providing independent professional analysis on over £150m worth of property valuations in March. The business, which is part of the multi-faceted valuation focused VAS Group, provided real-time auditing and assurance work totalling £60m while re-examining existing reports and loan book reviews equalling […]
Mortgage Broker Tools (MBT) has launched a partnership with Dynamo for Intermediaries to provide its 3,000 members with easy access to MBT Affordability, including BTL Affordability and MBT Criteria Search. Members of Dynamo for Intermediaries will be able to use the MBT Affordability calculator to find out how much their landlord clients can borrow from […]
Edinburgh looks set to be a high-profile test case for new planning regulations designed to regulate short-term holiday lets in Scotland. The regulations, which came into force on 1 April, afford the city council the ability to designate ‘short term let control areas’ in hot-spots within the capital, where the concentration of such properties is […]
The Mortgage Lender (TML) has become the latest lender to join the Mortgage Market Alliance (MMA). TML specialises in lending for real life circumstances, including the self-employed, people whose incomes are more complex than a standard salary, people with less-than-perfect credit history and buy-to-let investors. The MMA launched in 2020 to provide a collaborative voice […]
Research by estate and lettings agent, Barrows and Forrester, has revealed that the rental market across the UK’s major cities has started to pick up as we edge out of lockdown. The latest market data from Barrows and Forrester shows that there has been a sharp uplift in tenant demand for rental properties across the […]
Specialist lender Assetz Capital has successfully funded two residential refurbishment projects in Northern Ireland – the first loans the lender has delivered there outside of the government backed CBILS scheme since the start of the pandemic – as the company continue its growth in the region. The refurbishment loans, which would not have qualified for […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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