There has already been a noticeable uptick in decisiveness and activity.
It’s no secret that the UK’s build-to-rent sector is still very much in its nascent stages compared to US multi-family developments.
In 2019 will have seen approximately £1.4bn lent, but second charge mortgages are still an underused solution.
Thanks to the UK’s new Open Banking initiative, the scale of IT problems within the financial services sector has become apparent.
The development space is one we are particularly excited about coming into the year.
Housing Secretary Robert Jenrick MP put more pressure on landlords to allow ‘responsible tenants to have well-behaved pets’ in their rental property.
The repayment of deposits is currently the biggest cause of tenancy disputes.
Property development is a complex process with many potential pitfalls.
We often hear that many advisers are uncomfortable considering a second charge as a solution for a capital raising borrower, mostly due to a lack of familiarity.
New build moves largely in tandem with the government’s Help to Buy mortgage scheme.