The loan was secured on a penthouse in the Pan Peninsula development in the City of London using the lender’s desktop valuations system.
As the property sector navigates a new way of working, BFS suggests that the auction property market should be taking advantage of technology.
Lettings market activity was much higher in June 2020 than a year before, meaning rents rose and voids reduced during the month.
Roma Finance's AVM auction product will give investors the opportunity to gain a ceiling price for bidding.
Close Brothers Asset Finance has appointed Andrew Bowyer to the role of national development manager, leading its vendor development programme.
The lender said it was targeting its criteria to support cases which advisers may see as less straightforward, or extra-ordinary.
Rental yields on residential buy-to-let properties stood at an average of 5.3% across England.
Within a week, Nucleus will start accepting applications from brokers via its myNucleus portal.
Deborah Chaplain has been a consultant for the business for the last three months and now joins it on a permanent basis.
The Specialist Finance Introducer Awards are presented by Mortgage Introducer and sister publication Specialist Finance Introducer and are focused on rewarding excellence and thought leadership.