Take Me Home reaches top 10 on Amazon download chart

Mon 17 Dec 2018

Take Me Home, the charity single written and recorded to raise money for End Youth Homelessness, last week reached the top 10 on the Amazon download chart. Just a few days after its release, the song at one point topped the list of Amazon Music’s Movers and Shakers. It is available to download on Amazon, […]

EXCLUSIVE: Charter House Corporate Partners to launch lender

Mon 17 Dec 2018

Charter House Corporate Partners is set to launch a lender next year as part of its expansion plans. Over recent months Charter House Corporate Partners has been supporting lenders with their capital needs and now feels that the time is right to launch into the lending market itself with a large loans bridging and commercial […]

Amicus suspended from ASTL

Fri 14 Dec 2018

Amicus Finance Plc has been suspended from its membership to the Association of Short Term Lenders (ASTL).  Benson Hersch, chief executive of the ASTL, said: “The membership of Amicus plc has been suspended by the ASTL whilst the company continues to consider its position, and future.” The lender is understood to have halted new lending […]

MT Finance secures £50m funding deal from Insight Investment

Fri 14 Dec 2018

MT Finance (MTF) has raised up to £50m of senior funding from funds managed by Insight Investment alongside mezzanine funding from an unnamed UK fund manager. These new lines further diversify the funding structure of the business that currently includes a £125m committed forward-flow arrangement with a global institutional investment manager, as well as almost […]

Rents in the regions grower faster than UK average

Fri 14 Dec 2018

Rents in the UK’s regional hubs are growing significantly faster than both London and the UK average, as workers continue to relocate from London, buy-to-let lender Landbay has found. Rents rose by 0.03% in November 2018 which, although the lowest monthly rise since the start of the study, feeds into growth of 0.97% in the […]

TMA launches exclusive Day One remortgage deals with Buckinghamshire BS

Thu 13 Dec 2018

TMA Club has launched an exclusive Day One remortgage range with Buckinghamshire Building Society, including a buy-to-let remortgage proposition. Its Day One buy-to-let remortgage 2-year discount product is available at 3.29% variable rate, available up to 75% LTV with a maximum loan of £500,000. Rob McCoy, senior product and business manager at TMA, said: “Many lenders […]

David Cox: Letting agents think rent prices will rise next year

Wed 12 Dec 2018

Two thirds (65%) of letting agents think rent prices will rise next year, up from 59% last year, looking ahead to 2019, David Cox, chief executive at ARLA Propertymark has predicted. More than half (53%) thought demand will continue to rise, but over three quarters (78%) thought the number of landlords operating in the private […]

Fewer people purchasing buy-to-lets

Tue 11 Dec 2018

Significantly fewer people acquired buy-to-let properties in Q3 2018, HMRC figures have showed. Additional properties, for which stamp duty land tax is payable at the standard rate plus 3%, have seen a fall of 11% (7,400) compared to the same period in 2017. And Hamptons showed that the number of homes bought by landlords had dropped by […]

Hampshire Trust Bank completes £430,000 bridging loan

Tue 11 Dec 2018

Hampshire Trust Bank has completed a £430,000 bridging loan to support the refinancing of a commercial property development in Colchester. The short-term facility was provided at 70% LTV net and was turned around in nine days from initial enquiry to completion. The security property, a former bank, was purchased in December 2016 for £275,000. Since […]

Central Bridging completes £2m second charge bridge in 10 working days

Mon 10 Dec 2018

Central Bridging has completed a £2m second charge bridging loan in just 10 working days for a professional property investor based in North West London. The borrower owns an investment property in St Johns Wood valued at £6.95m which he was happy to use as security. Introduced by a leading London broker, the client had just […]