New research from criteria search specialist Knowledge Bank in November shows the mortgage market is still changing at a rapid pace, as the pandemic continues to create waves. As the largest database of mortgage lending criteria held anywhere in the UK, Knowledge Bank’s monthly criteria index shows the criteria that brokers are actually searching for. […]
Start Up Loans, part of the British Business Bank, is supporting small businesses by encouraging people around the UK to purchase from their local independent retailers this Christmas. Richard Bearman, managing director, Start Up Loans said: “Christmas is an essential period for retailers around the country and after a turbulent 2020, many will be […]
Real estate investment firm London Central Portfolio warns that a mooted rise in CGT could result in a negative trickle-down effect on the wider economy. A report issued by the Office of Tax Simplification (OTS), requested by chancellor Rishi Sunak, has considered an increase in Capital Gains Tax (CGT) to align with current rates of […]
Tech Nation, the growth platform for tech companies and leaders, announces new signatories Atom bank, Co-operative Bank, Nationwide Building Society, TSB, and Virgin Money to the Fintech Pledge, joining existing signatories Barclays, HSBC, Lloyds Banking Group, NatWest Group and Santander. The Fintech Pledge is an initiative of the Fintech Delivery Panel, supported by HM Treasury […]
Swoop, the fast-growing business finance platform, is widening its services and will now provide access to property funders and guide on property finance. Swoop helps firms find finance through loans, equity and grants, and the addition of a property service is a natural addition to its portfolio. Swoop will build its property business with help […]
There are many idioms we use to explain how we should learn. ‘The wise man learns from those around him’ is a retelling of an ancient Hebrew proverb that absolutely holds stock and wisdom today. ‘Doing things correctly, not easily’ is another. However, there’s also one that seems to last the test of time and […]
In history books, 2020 will be written about as a game-changer. This year has affected every aspect of society from schools, mass-transportation, politics, and of course our economy. Every business needed to amend its practices this year. With the tightening of budgets, many talented employees were let go. Also, with remote work being the norm, […]
Fintech business lender MarketFinance has secured funds from a European bank, through fintech CrossLend, to facilitate lending to UK businesses. The news comes as demand for finance is surging, with MarketFinance research indicating that as many as 84% of businesses will be seeking loans this winter. Already in 2020, MarketFinance has advanced over £342m for […]
Investment manager Downing LLP and institutional asset manager Pollen Street Capital are pleased to announce a new partnership to improve access to finance for SME developers, and encourage greater innovation and competition in the housing market. Downing LLP provides funding for small to medium-sized enterprises (SMEs) and currently has £470m of AUM in property backed […]
Arbuthnot Banking Group PLC (“Arbuthnot” or the “Group”) today announces that its subsidiary Arbuthnot Latham (“AL” or the “Bank”) has agreed the purchase of the entire issued share capital of Asset Alliance Group Holdings Limited (“Asset Alliance”) Asset Alliance provides vehicle finance and related services, predominantly in the truck & trailer and bus & coach […]
