Research by Warwick Estates reveals that Scotland is set to continue its domination over Britain’s new-build market with the total number of annual sales once again dwarfing those of any other region in 2022. In 2021, there were 54,788 new-build sales transactions in Great Britain. Scotland was, by far, home to the largest proportion of […]
finova Payment and Mortgage Services today announces its partnership with digital challenger bank, Tandem Bank, further expanding the portfolio of lending products available to finova’s directly authorised (DA) broker club. Tandem is one of the UK’s top rated digital banks – ranked in the top 20 of UK digital banks – and has a track […]
The latest property market analysis by estate and lettings agent, Barrows and Forrester, suggests that the latest cuts to stamp duty could help boost the number of property transactions seen across the property market by 26%. Last week, the government announced the previous SDLT threshold payable between £125,000 and £250,000 would be scrapped while the tax […]
A new development finance fund to help regional SME housebuilders thrive has been launched by Newstead Capital in partnership with the government’s housing accelerator, Homes England. Homes England, Greater Manchester Pension Fund and listed wealth manager Mattioli Woods are among a string of investors who have committed £80m to the new lending facility. Homes England […]
Alternative Bridging Corporation has expanded its office by more than 50% to accommodate its larger team and support the continued growth of the property lender. Since the beginning of the year, Alternative Bridging has grown its team by more than 25% and the lender has recently taken on 50% more office space to support this […]
Rising costs are piling the pressure on private landlords and investors, increasing concerns that some will be unable to hit the government’s energy efficiency targets. The residential property sector has come under mounting pressure to raise energy efficiency standards with official statistics suggesting that over half of the homes in England are rated D or […]
The latest market analysis by Unlatch, the new homes sales progression and aftercare platform for developers and housebuilders, reveals where the UK’s new-build premium hotspots are and where, therefore, housebuilders stand to make the most profitable investments. In the UK, the average new-build house sells for a price of £261 per square foot. This is […]
Landbay has today launched a partnership with wealth management firm 2plan, whose financial advisers with mortgage permissions will now have direct access to Landbay’s suite of specialist prime buy-to-let products. Landbay will also provide 2plan with full sales and marketing support as well as the rapid turnaround times it is well known for. Launched in […]
Leading national broker firm Just Mortgages has launched a new golden hello scheme to help principal firms attract experienced advisers who are transferring from an employed role to self-employed. The new Commission Advance Scheme is designed to support the principal firm grow their businesses whilst also acknowledging the challenges in earning from a pipeline in […]
Specialist short-term lender, Hope Capital, has taken on board the feedback received from brokers and borrowers and streamlined its overall proposition to provide an even more affordable, flexible and adaptable product range. This includes introducing the Hope Guarantee. At a time when interests rates are increasing and more bridging finance lenders are introducing variable rates […]
28/07/2022
Edition 301 – June/July 2022
High quality By Business Money group editor Robert Lefroy Financial services...
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