Development exit

Assetz Capital cuts rates as developers pivot to conversions amid deepening planning delays

Assetz Capital has reduced pricing across its refurbishment, regeneration and development-exit loans with borrower...

Stamford Finance passes £100m lending landmark

Stamford Finance has passed £100m in total lending, marking a significant step for the...

Recognise Bank backs Essex developer with £1.98m exit loan

Recognise Bank has completed a £1.98m development exit facility to help an Essex housebuilder...

Aspen backs developer’s revised scheme with £1.475m bridge to complete Staffordshire home

An experienced developer who altered plans mid-build to enhance the end value of a...

Developers lose confidence as Budget uncertainty stalls housing starts

Growing uncertainty ahead of the Autumn Budget has triggered a marked drop in confidence...

Masthaven joins TRM panel to widen access to bridging finance

The Right Mortgage & Protection Network has added Masthaven Finance to its lender panel,...

Aspen completes £1m development exit bridge in 10 days

Aspen Bridging has completed a £1.05m development exit bridge for a returning client in...

GB Bank enters bridging market with new range starting at 0.79%

GB Bank has launched a new bridging finance range aimed at providing fast and...

Funding 365 completes £1.6m Surrey development exit loan

Funding 365 has provided a £1.6 million development exit loan at a rate of...

Masthaven reduces bridging rates and widens product scope

Masthaven Finance has announced sweeping rate cuts across its bridging range, alongside product changes...

West One launches bespoke buy-to-let service in major revamp

West One has unveiled the most extensive overhaul of its buy-to-let mortgage range since...

UTB reshapes lending division as Sundeep Patel departs

United Trust Bank (UTB) has announced a major restructuring of its lending operations alongside...

StreamBank joins New Leaf lender panel to expand broker access

StreamBank has been added to the New Leaf Distribution lender panel, a move that...

Bridging market shows signs of consolidation

The latest quarterly data from the Bridging & Development Lenders Association (BDLA) shows a...

COMMENT

The new Chancellor wants to remove barriers to growth; he should start with housing

There was probably a degree of unintended irony in the Treasury choosing to call the Chancellor, John Healey’s, first major market ‘intervention’ his ‘Growth...

Brokers are losing the attention battle 1,000 to 3

Take a client you placed on a 5-year fix last year. Over the life of that deal, their bank is now planning to contact...

Triple lock or no triple lock? That is not the question

The debate over the State Pension triple lock has returned. But perhaps the more important question is what the debate tells us about the...

Your clients have already asked AI

The FCA published research on 27 August showing that 56% of 18- to 40-year-olds who hold or are considering investments say they trust AI...

The technology that matters doesn’t make the decision

We have a tendency when talking about mortgage technology to start with what it can automate. How many documents can it process, how quickly can...

Latest news

Propertymark warns Scottish mansion tax could restrict housing market

Propertymark has warned plans for a Scottish “mansion tax” could make it harder for...

Berkeley calls for stamp duty overhaul to kick-start housing market

Berkeley Group has called on the Government to slash stamp duty for first-time buyers...

Stronger UK growth adds to interest rate uncertainty

Stronger-than-expected UK economic growth has added another complication to the outlook for interest rates...

Tipton expands Credit Plus range with second tier

Tipton & Coseley Building Society has added a second tier to its Credit Plus...

PROFILES