The SFC Solo brand allows advisers to trade independently but with the credibility and protective infrastructure provided by a directly authorised firm.
Overall, the barometer shows slight falls in rental yields compared to the same quarter last year, however Fleet point out that in 2020 this covered the first full three-month period out of lockdown where yields spiked in certain parts of the country.
Paresh Raja, chief executive of MFS, said: “This is a hugely exciting moment for MFS. Building on our 15-year experience as a specialist lender, primarily in the bridging space, we’re now bringing the speed and flexibility that we’re so well known for into the BTL space."
LendInvest has introduced a new holiday let product catalogue, with rates starting at 3.59% for 65% loan-to-values (LTVs) for 2-year fixed products.
The acquisition will enable ULS technology to build, pilot and evolve new digital products in a live environment, providing the company with insight to shape future services and refine them prior to rolling out nationally.
The Lincolnshire-based project will deliver 86 houses with private outdoor space and parking facilities, together with 18 flats priced below regional Help To Buy thresholds.
Barney Iles said: "Specialist lenders, as nimbler and more agile organisations, are able to adapt much quicker and respond to the changing needs of property developers, compared to larger traditional lenders and banks."
Following the 5bps reduction, Aspen said applications increased by 32% against August, and by 36% based on September last year.
At 52.6 in September, down from 55.2 in August, the headline seasonally adjusted figure dropped further below the 24-year high seen in June (66.3).
Anthony Persse, chief executive of Optimum Finance, said: “Philip’s expertise is second to none, as a champion for small businesses and having written extensively on the benefits of Invoice Finance to support cashflow and business growth."