Building on its 15 years’ experience as a specialist lender working with property investors and brokers, Market Financial Solutions has announced that it is to enter the buy-to-let mortgage space following the soft launch of its new BTL proposition.
With so many misconceptions around specialist buy-to-let, the team at West One are sorting the fact from the fiction and this week tackling two myths. Find out more and how to be in with a chance to win a luxury hamper here…
HSBC UK has announced that it is expanding the availability of its Buy To Let mortgages to mortgage brokers in a move that will see the bank’s buy-to-let products rolled out to over 13,500 independent mortgage advisers from more than 510 broker firms.
United Trust Bank (UTB) has increased the maximum LTV available on 1st Charge Bridging loans to 75% and the maximum LTV available on 2nd Charge Bridging loans to 70%. Both apply to regulated and non-regulated lending.
Precise Mortgage’s refurbishment buy to let proposition helps landlords maximise rental yields by refurbishing a property before letting it out. Read their illustrative example to see how this could be the perfect solution for your landlord customers.
United Trust Bank (UTB) has agreed to fund the £5m regeneration of a city centre brownfield site being completed by successful regional house builder Factory Estates. The Cambridge development, known as The Gateway, comprises 13 new apartments in a 5-storey building with ground floor commercial space.
Scotland has overtaken London as the fastest-moving market for million-pound properties, with homes finding a buyer 25 days quicker on average than before the pandemic, according to new data released by Rightmove.
Research from The Office for National Statistics shows that the average property is now worth £266,000. These increases mean that property wealth, accessed through products like equity release, can lead to a marked improvement on the quality of life of people in retirement.
In response to the economy continuing its transition from lockdown and the restrictions easing from Covid-19, the Bank has agreed to make some changes to appetite on Retail, Leisure and Office sectors. The aim is to be able now to look at “good” deals in sectors for which we have not recently had appetite to consider.
West One are a leading provider of specialist mortgages and property finance, helping homeowners, landlords and property investors achieve their financial goals. Our buy-to-let products provide lending solutions for first time landlords through to professional landlords who may be looking to find a new home for their property portfolio or help it grow further.
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