Specialist property lender KHK Capital has received further funding from Shawbrook, alongside Hampshire Trust Bank (HTB), taking its total facility to £65m. London- based, KHK provides short-term, property-backed loans to property professionals for business purposes. KHK initially started working with Shawbrook in 2020, when the specialist lender provided a facility worth £12.5m. The facility was […]
VAS has joined the Intermediary Mortgage Lenders Association (IMLA). VAS is a valuation panel management and valuation auditing business. Established 10 years ago, it now facilitates more than 2,000 valuations a month for lenders and brokers via more than 200 third-party valuers through its VAS Panel division. It also provides valuation audits, desktop valuations and […]
There is still appetite among landlords to buy despite recent changes to stamp duty on additional investment properties, new research from Landbay can reveal. In the wake of the Budget, just under a third of landlords (27%) told Landbay they are still looking to purchase properties. Among those willing to buy, there was an equal […]
Gatehouse Bank has today announced rental rate* reductions across its full range of buy-to-let (BTL) products for UK expats and international residents, for both new and existing customers. Rental rates have been reduced by 0.22% on all standard and green two-year and five-year fixed term products for individual applicants as well as UK-registered SPV** Limited […]
Specialist lender Black & White Bridging has been added to the lending panel of the Brightstar Group, which includes Brightstar Financial and Sirius Finance. The addition of Black & White Bridging to the panel will provide brokers within the Brightstar Group with access to its range of specialist property finance solutions, including residential and commercial bridging and […]
Brickflow, the digital market place for specialist property finance has formalised its first Broker Network partnership with Connect, one of the UK’s Leading Specialist Networks of Appointed Representatives (ARs) and Packagers. The agreement reflects a continued shift towards digitisation in specialist property finance as an increasing number of large-scale organisations strive to optimise process and […]
A record £5.1 bn was invested in the UK Build to Rent (BTR) sector in 2024, with more than half of this total committed in the final quarter, according to international real estate adviser Savills. The firm’s latest UK Build to Rent Market Update reveals that investment in 2024 was 6% higher than the previous […]
Gatehouse Bank has today reduced rental rates across selected Home Purchase Plans (HPP and Buy-to-Let (BTL) products for new and existing customers who are UK Residents. These reductions will cover selected standard and green two-year and five-year fixed term products for individual applicants as well as UK-registered SPV Limited Companies. For UK residents seeking HPP […]
Mortgage brokers have told BTL lender Landbay that they are now expecting only two more interest rate cuts in 2025, following the release of higher-than-expected inflation data. At a webinar launching its new product transfer service, Landbay polled 105 mortgage intermediaries on their view of the interest rate situation. This was hours after the Office […]
Investment turnover in the office sector rose over 7% globally in 2024, from $164bn to $176bn, says Savills, with total global commercial real estate investment turnover last year reaching US$828bn, representing a near 8% increase in comparison with 2023. In its annual Review of Global Capital Markets report, the international real estate advisor says that therecovery extends beyond […]
