United Trust Bank (UTB) is continuing to expand its Development Finance Division with the appointment of a new senior manager supporting housebuilders and developers in the South and East of England. Achi Ejikeme has joined UTB from Oaknorth Bank as a senior manager – property development and has nearly 15 years’ experience in property finance. […]
LendInvest, the UK’s leading platform for property finance, has made a series of changes to its buy-to-let suite, including a range of rate reductions and launch of a new five year fixed rate product. LendInvest has reduced rates across its two year fixed rate products. It’s 70% LTV two year fixed rate will now be […]
Aldermore’s new Buy-to-Let City Tracker reveals Manchester ranks as the best city in the UK for buy-to-let investment, performing well across four out of five of our key indicator Oxford is knocked off 2019’s top spot and now sits in 4th place, while Cambridge has made the biggest jump from 8th in 2019 to 2nd […]
Aspen Bridging has completed a 10-day, 75% LTV, £750,000 loan for a Nigerian-based investor who needed to quickly refinance an existing buy-to-let mortgage while releasing equity from a London property. Utilising the lender’s bespoke integrated legal representation and video signature processes, the applicant was able to meet all deadlines and avoid potentially costly penalties. The […]
Portfolio management platform, Lendlord, has launched its new Finance Hub to deliver bespoke, automated finance recommendations to landlords based on their own personal circumstances and portfolio profile. The Lendlord Finance Hub provides automated recommendations for a range of financial products including buy-to-let mortgages and remortgages, bridging finance, secured loans, revolving credit for portfolios, commercial finance […]
Specialist lender Together rescued a £3m deal by providing a short-term loan in just four hours for an investor to buy an exclusive waterside property. Mathew Rees, director of a company which owns about 200 buy-to-let properties, was looking to expand his portfolio by buying the £2.85m, six-bedroom home in the Cornish holiday resort of […]
LendInvest, the UK’s leading platform for property finance, has funded the purchase of a HMO property in four days for an experienced landlord in West London. The borrower was seeking the purchase of a tenanted HMO, a ten bedroom house in West London. Due to the tight timeframe in which the borrower required funding, the […]
Landbay, one of the UK’s leading buy-to-let lenders, has today launched two new ‘large loan’ buy-to-let products with loan sizes of up to £2m. Previously the maximum loan size available was £1.5m, Both of the new products are available on 2 and 5-year fixed rates, at 65% LTV and come with the same rates as […]
Whilst some lenders have shut up shop during the coronavirus crisis, the Pluto Finance team have been hard at work – completing £97m of bridging and development lending across the UK in September and October alone. In one of its largest loans this year, Pluto Finance has completed a development loan of £35m to fund […]
Proptech Goodlord has partnered with challenger credit reference agency and Open Banking provider, Credit Kudos, to improve the rental process for agents, landlords and tenants by allowing more accurate assessments of a tenant’s financial situation. The partnership enables Goodlord’s letting agent customers to build a more accurate picture of an individual’s personal finances, such as […]
