A customer has successfully completed two double-quick deals in just five days each with Aspen, smashing the lender’s own Time-Based Service Excellence Targets. Both cases were auction purchases which had entered notice period deadlines and needed fast solutions to enable completion. The company was initially approached in July to purchase and renovate a detached property […]
#3rdGen lender, Octane Capital, today announced it has had to create a waiting list for its new BTL offering given the sheer strength of demand from the broker community. Octane’s BTL product requires ZERO stress-testing, which is one of the major challenges brokers and landlords are facing in an increasingly conservative lending environment. The product, […]
Aldermore bank has appointed David Whitehouse and Colin Ness as property development managers covering the North of England and South West England and Wales respectively. The announcement follows the appointment of Iain Bryson as head of development and specialist property in June 2020. Both David and Colin will focus on supporting experienced developers and intermediaries […]
Experienced business professionals, Anthony Lewis and Jonathan Burgoyne, have recently purchased Bloomsbury Guest House in York, with funding successfully secured by specialist commercial finance broker, Christie Finance. Bloomsbury Guest House, long-established and located in a popular area of York, has been owned by the previous owners since 2009 and has been operated as a lifestyle […]
The extension of the rent holiday for commercial properties is a disaster for landlords throughout the country who have been unable to force businesses who are open and making sales to pay rent since March, say leading tax and advisory firm Blick Rothenberg. Heather Powell, a partner at the firm and head of property said: […]
West One is making a series of further significant enhancements to its residential and buy-to-let second charge product ranges. This follows the expansion of their product range last month which saw the reintroduction of its ‘Prime Plan’ with rates starting from 3.99%. This latest set of changes is designed to target underserved areas of the […]
Following huge demand from brokers for their first six ‘Criteria Clinic’ sessions, Knowledge Bank has announced it is to start hosting the educational webinars every fortnight. Initially introduced to help brokers over lockdown, the sessions have been brought back as a permanent feature at the request of both brokers and lenders. The events are unlike […]
Attracting developers post Brexit to invest in the country’s seaside towns and cities by offering one point of contact is behind the government’s new coastal agreement. The government has revised the coastal concordat of seven years ago to make consenting development easier and to promote sustainable growth. The National Federation of Builders housing and planning […]
Just Mortgages has just employed its first person in its new online territories. Spicerhaart and Just Mortgages are creating a number of territories across the UK and up to 235 estate agency branch partner roles who will be working across their own market place, but not necessarily from a branch. Each one will be supported […]
Bridging lender Hope Capital has enjoyed a bumper summer, with figures released by the firm today showing a surge in demand as the market emerges from lockdown. From June to August 2020, Hope Capital has seen the number of loans drawn treble compared with the same period last year. New cases have more than doubled, […]
