Pioneering property developer Citu has agreed a £4m land deal with specialist lender Together. Together has so far invested more than £25m into Citu’s projects in Yorkshire during a 14-year partnership with the property developer. Chris Baguley, managing director at the specialist lender, said: “Our latest land finance deal will support Citu’s admirable ambitions to […]
In the face of Brexit negotiations and the global pandemic, 2020 was an extraordinary year for the Scottish estate market: it has entered a new era, where newly perceived attributes are enhancing its appeal and subsequent value. Analysis of Savills sales data demonstrates a 98% increase in buyers registering with the agency to purchase rural […]
The spread between the average maximum and minimum loan available to buy-to-let mortgage applicants is more than double the spread in the residential market. This is according to data from Mortgage Broker Tools, which found that the average maximum loan available to residential customers in February was £235,475, whereas the average minimum loan was £136,000 […]
The MCI Club has launched an innovative payment and processing package for all existing and new members of the mortgage club. This package, which will be wrapped up in a single stable monthly fee, is designed to increase each member’s revenue potential through market leading rebates paid at the end of each month; and incorporates […]
Together, one of the UK’s leading specialist loan providers, has completed its first small balance commercial mortgage backed securitisation. The £200mTogether Asset Backed Securitisation. 2021 – CRE1 plc is supported by a portfolio of first and second charge mortgages secured against small value commercial, residential and mixed use properties in England, Wales and Scotland. It […]
MCI Mortgage Club can now offer its members a secured loan referral service through a partnership with Fluent Money. This is MCI’s first foray into the second charge market giving its members even more choice of loan options for their clients. Fluent is one of the largest secured loan brokers in the UK and has […]
Aspen Bridging’s new head of sales, Ian Miler-Hawes has completed his first deal and in the process saved the applicants’ purchase of four apartments. The broker approached Ian stating his clients, who were looking to expand their portfolio, had just been served notice and had only 10 days to complete the deal or the seller […]
Following its annual Business Outlook 2021 report published earlier in the year, specialist business property adviser, Christie & Co, has today released its ‘Dental Market Review 2020/21’ report providing an in-depth analysis of the dental market in 2020 and outlook for 2021. In addition, the document outlines pricing trends, funding for the sector, an insider […]
New research from criteria search specialist Knowledge Bank shows interest from new investors in the buy-to-let market is growing. The analysis of brokers’ searches in February found intermediaries are working with potential new landlords, and the furlough scheme is still of huge interest in the residential market. Knowledge Bank is the largest database of mortgage […]
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has partnered with leading mortgage and protection services proposition Paradigm Mortgage Services. Paradigm Mortgage Services has opted to work with OMS following an extensive review period and this integration will provide Paradigm members with access to OMS’ all-encompassing CRM system and […]
