There has been much speculation around the upcoming Budget, which Old Mill predicts will include extensions to furlough and the stamp duty holiday.
Nearly half (45%) of SMEs currently have staff on furlough, and 14% are expected to make redundancies once furlough ends.
The TAB platform aims to provide a seamless investment journey into bridging loans, development finance and fractional property.
Accord Mortgages is reducing selected rates across its higher LTV ranges by up to 0.10% to help brokers support their clients with smaller deposits. The intermediary-only lender will launch the revised residential range on Friday 26 February. Highlights for borrowers looking to purchase a house include a 2-year fixed rate at 2.93% (was 3.03%) at […]
LendInvest’s Strategic Partners programme recognises key broker firms which submit a high level of consistent business to LendInvest, and provides a range of benefits as a result.
Development 90 provides 90% of project cost and 75% of loan to gross development value (LTGDV) for new-build schemes, conversions and refurbishment projects.
The firm, which lends against luxury assets, has reported seeing a growing trend for enquiries from brokers whose clients wish to borrow using classic cars as security.
Masthaven Bank has made changes to its current bridging range to provide more options for brokers and customers.
The rumoured extension would bring the end of the tax break in line with the easing of lockdown restrictions in the UK.
This latest funding arrangement is part of MFS’ long-term goal of increasing its loan book and expanding its institutional funding partnerships.