Cheadle-based lender, Together, today announced strong results for the quarter to 31 March, with average monthly lending of £125.4m during the period, up 68.5% on the three months to 31 December as the Group continued to increase new lending. Together reported strong quarterly profits, with underlying profit before tax rising to £44.0m, up 15.2% on […]
A Worcester charity that turned an empty listed building it owned into 25 flats for the homeless has praised Unity Trust Bank for ensuring the £2.2m project is a success. Using its own reserves, with £1m funding from Homes England and a loan of £500,000 from Unity Trust Bank, Worcester Municipal Charities has transformed the […]
Specialist self-build finance provider BuildLoan has joined the lending panel of the newly launched TMG Club, the mortgage club of The Money Group. BuildLoan provides mortgage club members with exclusive, bespoke mortgages and unique service designed to minimise risk for everyone involved. Being an expert in all construction-based finance, BuildLoan helps and guides intermediaries to […]
Brightstar Financial has partnered with Sesame Bankhall Group as a preferred distributor on its new specialist lending panel. The partnership means that members of PMS Mortgage Club and Sesame Network will have access to a range of specialist first and second charge mortgages, commercial, bridging and development finance through the multi-award-winning specialist distributor. Founded in […]
Landbay has reduced rates and fees across its core buy-to-let product range and completed a significant upgrade to its broker portal. Some of Landbay’s rates have fallen by 0.10% and fees decreased by 0.25% as part of a streamlining of its product range. The portal upgrade includes the addition of new functionality to make intermediaries’ […]
Specialist buy-to-let (BTL) lender Zephyr Homeloans has cut rates on its 75% loan-to-value (LTV) five-year, fixed-rate loans and introduced a 2% product fee option across its entire range. Reduced rates for Zephyr’s 75% LTV five-year, fixed-rate mortgages start at: 3.39% for a standard property buy-to-let mortgage 3.69% for houses in multiple occupancy and multi-unit blocks […]
Newcastle, Leeds, Birmingham and Manchester have seen the largest year on year rental increase across the build-to-rent sector, according to the latest research from build-to-rent specialists, Ascend Properties. Ascend Properties analysed rental market data on the sector to see where has seen the biggest increase in rental market prices, as well as where the build-to-rent […]
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has launched its new BTL product range with a limited group of directly authorised brokers and selected packager partners as part of its phased return to the market. The new range includes five-year fixed rate buy-to-let products which are available at a rate of 3.25% up to 75% […]
More than a third (34%) of landlords have recently purchased another buy-to-let property (BTL) or intend to buy one within the next nine months, a survey by The Deposit Protection Service (The DPS) and Zephyr Homeloans has suggested. Results from the poll of 300-plus landlords suggest that the ‘opportunity to buy at a discount’ is […]
LendInvest, the UK’s leading platform for property finance, has made sweeping changes to its bridging suite, including extensive rate reductions and the introduction of higher LTVs for land and commercial products. LendInvest has reduced rates across its entire residential bridging range with its 75% LTV product now available at 0.75%, and it’s 70% LTV product […]
