Development finance

Shawbrook completes 38-flat loan

Shawbrook’s commercial property team completed a complex Limited Company transaction against three blocks of...

UTB balance sheet exceeds £1bn

United Trust Bank has reported that its balance sheet has exceeded £1 billion. During...

Short-term lender funds boutique B&B

Signature Private Finance is supporting a multi-million-pound restoration of Lanelay Hall in Pontyclun. The Victorian mansion...

United Trust Bank selects first ‘charity of the year’

United Trust Bank (UTB) staff have chosen national mental health charity Mind to be...

Tackling the construction skills shortage is only the first step

It’s no secret that there is a skills shortage in the construction sector. It...

Stephen Johnson leaves Shawbrook

Stephen Johnson has relinquished his roles as Deputy CEO, executive director of the Shawbrook...

Nearly half of London new homes aren’t built

46% of new homes given planning permission in the capital are not being built,...

LendInvest to fund its largest development project to date

LendInvest is to be the exclusive development finance lender on the first phase of...

Majority of brokers dismiss economic growth forecast

Despite the challenges presented by Brexit uncertainty, a downgrading of UK economic growth and...

Aldermore increases property development loan limit

Aldermore Bank has raised its maximum property development loan size from £10 million to...

Black Book Finance expands commercial finance team

Black Book Finance has appointed Darren Peiris to the position of commercial finance executive.  Peiris...

LendInvest’s lending up 33% year-on-year

LendInvest lent £500 million to help professional property investors, developers and landlords buy, build or...

COLG plans new commercial lender

City of London Group (COLG) has revealed that it is to start the process...

Developers failing to refinance off expensive deals

Developers in the UK are wasting £20m a year on interest they don’t need...

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...

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