Mansfield Building Society tightens criteria
Fri 27 Mar 2020With immediate effect, the society has limited lending to 80% LTV across its range of residential mortgage products and imposed restrictions on all new buy-to-let business.
MHCLG halts all ongoing housing possession claims
Fri 27 Mar 2020
The decision was made by the Master of the Rolls, England's second most senior judge.
Ringley unveils new system for commercial and resi buildings
Fri 27 Mar 2020
The platform can be used for any type of real estate asset where an investor needs to monetise space.
News
Allica Bank appoints head of deposits
Fri 27 Mar 2020
Allica Bank has appointed Lawrence Holland as head of deposits.
Brits advised not to move home during COVID-19 outbreak
Fri 27 Mar 2020
The MHCLG have ordered that home buyers and renters should, where possible, delay moving to a new house whilst isolation measures are in place.
Coventry confirms status of pipeline deals but cuts some LTVs
Thu 26 Mar 2020
This confirms the situation for all business submitted up to and including Thursday 26 March.
Blog
Uncertainty presents opportunity for proactive brokers
Wed 18 Mar 2020
Now brokers face a period of unexpected uncertainty, but within this there will be nuggets of opportunity for those willing and able to take a proactive approach.
Moving forward with ‘One UTB’
Tue 17 Mar 2020
Most of us working in the property finance sector will have been very happy to learn that consumer confidence is running at a 10-year high.
Editor's Pick
Asaf Navot: Landlords cannot forget MEES regulation
Thu 26 Mar 2020
The regulation will be coming into force on 1 April.
Property Master: Hundreds of BTL mortgages withdrawn from market
Thu 26 Mar 2020
Since the Bank of England cut the base rate on 11 March, some lenders have chosen to exit the BTL mortgage market altogether for the foreseeable future.
Mark Harris: Selfish borrowers asking for unneeded repayment holidays
Thu 26 Mar 2020
Similarly to people hoarding food and supplies, some borrowers are asking for mortgage payment holidays that they do not need.
Are developers ‘land banking’ or ‘land saving’?
Thu 5 Mar 2020
Allow me to start with a question. When you put money away into your savings account, is it because you’re hoping to build up interest on the balance?
Looking to the market ahead
Fri 28 Feb 2020
Specifically looking at the buy-to-let market in 2019, gross mortgage lending was actually slightly down on 2018.
Why green mortgages need to be higher on the agenda
Thu 27 Feb 2020
Climate change is one of the most hotly spoken about topics in recent years, and for good reason.
Banks criticised for insisting on guarantees before issuing emergency loans
Thu 26 Mar 2020
Banks have been criticised by firms and MPs for insisting on personal guarantees before issuing the government backed emergency loans, as reported by the BBC.
Castle Trust appoints director of property credit risk
Thu 26 Mar 2020
Most recently, Phil Dabbs worked as head of credit at Fiducium.
Landbay becomes a Tech Nation Future Fifty company
Thu 26 Mar 2020
The Future Fifty programme enables a select number of the UK’s leading digital firms to come together.
Fiducia Group launches asset finance division
Wed 25 Mar 2020
Fiducia Group has launched a new asset finance division in order to assist firms impacted by coronavirus.
Directing complex borrowers to specialist lenders
Wed 26 Feb 2020
It is not news that the specialist lending market has seen a boom over recent years.
2020 outlook for the UK real estate sector
Tue 25 Feb 2020
Although the overall outlook for UK real estate looks bright, investors still need to carefully assess opportunities.
How brokers can add value to landlords seeking to grow their portfolios
Mon 24 Feb 2020
There are positive signs that confidence is returning to the property market.