Buy-to-let landlords are nervously eying the planned hike to Capital Gains Tax (CGT), which would drastically increase the amount they’d have to pay if they sold up. The research, by lettings and estate agent, Barrows and Forrester, found that nearly half (48%) of landlords are worried about the potential increase to CGT. Details of the […]
A successful Caerphilly-based property investor, trading as Gaffa Property Investments Ltd, has secured a £245,000 semi-commercial loan from Cambridge & Counties Bank as part of the purchase and redevelopment of a set of four commercial units and a residential property in Ystrad Mynach, a town five miles north of Caerphilly in Wales. The four commercial […]
West One Loans’ buy-to-Let division has announced major criteria changes which will see maximum borrower exposure limits raised by more than three times current levels, thanks to a new funding agreement. From today one of the UK’s largest specialist lenders will increase borrower limits from £1.5m to £5m in a move which demonstrates West One’s […]
Bridging completions were £2.88bn in 2020, down from £3.99bn in 2019, but applications grew by more than 11% on the previous year. This is according to the latest figures compiled by auditors from data provided by members of the Association of Short-Term Lenders. The data shows that completions in 2020 fell by 27.9% on 2019 […]
The loan will fund the development of a block of 100 one- and two-bedroom apartments, with underground parking and cycle storage in Peterborough, Cambridgeshire. The scheme, which is part of the Riverside Generation Project in Fletton Quay, is a brownfield site by the River Nene, in walking distance of Peterborough station. The scheme is being […]
Hodge has refreshed its Portfolio Buy-to-Let (PBTL) proposition, with the relaunch of its standard PBTL product and a new Specialised Residential Investment proposition. This builds on Hodge’s recent innovation in the PBTL space over the past 18 months, aligning the proposition with the lender’s established track record of success in more complex investment property finance. […]
Enra Specialist Finance has announced that it has signed a £250m mortgage forward flow agreement with J.P. Morgan. The transaction involves the sale of future buy-to-let mortgages originated by Enra to J.P. Morgan. This is the latest in a series of substantial investments Enra has secured for its lending business West One Loans. This new initiative […]
A new proptech online engine has been launched to reduce the risk of development finance for lenders, by providing a guarantee to purchase new homes built by SME housebuilders. Access to finance is becoming a growing problem for SME housebuilders with The Federation of Master Builders reporting that 42% of SME developers were involved in […]
Hope Capital is delighted to announce the launch of the Nineties Collection for commercial property. The collection comprises two new bridging loan products, providing even more affordable and innovative solutions to brokers and their clients. The two products, the Hope 90 and the Hope 94 are highly competitive bridging loan facilities designed specifically for commercial […]
Packager First 4 Bridging (F4B) has expanded its intermediary proposition with the launch of the F4B Network. The F4B Network was created on the back of demand from intermediary introducers who have previously utilised the packagers vast expertise across the specialist lending markets. The F4B Network has assembled a comprehensive lending panel consisting of mainstream, […]
