RCP Finance has finalised a debt facility which includes EVH Finance and Banor Capital for Bricks Group that allows completion of an eye-catching hotel – the first at Silverstone, the world-famous racetrack in Northamptonshire that hosts the Formula One British Grand Prix. The phased opening will be one of the most high-profile completions in the […]
A Supreme Court ruling means that organisations like care homes that have used leaseback arrangements will not be subject to retrospective VAT charges and could now save millions of pounds say leading tax and advisory firm, Blick Rothenberg. Alan Pearce, VAT partner at the firm said: “ This is great news for owners and operators […]
Aspen Bridging has taken the pragmatic approach of using a desktop valuation to lend against a prime six storey commercial property in Moorgate comprising of both offices undergoing substantial works and a ground floor restaurant. The decision to value it remotely, despite the complexity of the asset, was taken to limit costs and help the […]
Ingenious is today delighted to announce that Ingenious Real Estate Finance LLP has completed two new loans totalling £12.8m to fund new residential development projects in North Devon and the Cotswolds. Ingenious is providing funding for the development of 22 apartments to a joint venture between Indigo Capital Solutions and Blakesley Estates in the seaside […]
Aldermore bank has become the latest lender to join the Mortgage Market Alliance (MMA). Aldermore bank provides specialist finance to business owners, homeowners and landlords, car owners, and support savers to back them to fulfil their hopes and dream. Aldermore bank’s experienced underwriters take a flexible and human approach to every mortgage case, lending to […]
#3rdGen lender, Octane Capital, today announced its entire buy-to-let product suite, which has a pay rate starting at 3.99%, is open to all brokers with immediate effect. Previously, loans starting from £150,000 within Waves 1 and 2 were available on a semi-exclusive basis only. Octane’s highly popular buy-to-let product requires zero stress-testing, which is one […]
Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has increased its limited company conveyancer panel to eight firms. The change means that landlords and brokers can now access a more comprehensive range of solicitors and law firms when using Zephyr’s products. Paul Fryers, managing director at Zephyr Homeloans, said: “We know that brokers […]
Brightstone Law and Westcor International have launched Lending after Lockdown – a free digital event for bridging lenders and specialist finance providers. Lending after Lockdown has been developed for senior individuals in the bridging industry who want to execute safe, profitable lending and improve the performance of their business as we emerge from the Covid […]
Pepper Money has made a number of enhancements to its buy-to-let mortgage range, reducing minimum income requirements and introducing a new Limited Edition product. The newly released Limited Edition Pepper 60 product is suitable for customers who haven’t had a CCJ, secured missed payment or default in the last 60 months. This limited edition mortgage […]
Assetz Capital has launched a new bridging product with a 0.65% interest rate as it looks to drive lending levels even further through 2021. The marketplace lender – which surpassed the £1bn of lending milestone at the beginning of last year – will offer bridging loans from £150,000 to £5m with LTVs to 75% and […]
