Masthaven’s regulated and non-regulated products include a Prime Bridging Plus product at 0.48% up to 50% LTV and 0.53% up to 60% LTV. Meanwhile the Prime Bridging mortgage now stands at 0.48% up to 50% LTV, 0.58% up to 60% LTV.
The range includes standard and specialist products that are initially available through a select number of launch partners including Enterprise Finance, Vantage Finance, Brightstar, Dynamo and Connect for Intermediaries – with wider distribution in the near future.
The helpdesk will keep advisers updated on the latest developments in the growing new build market. It will help existing advisor firms and help advisers looking to move into the new build sector.
Groups representing landlords and letting agents have formed a ‘Fair Possessions Coalition’ to oppose the government’s plans to ban to abolish Section 21, known as ‘no fault evictions’.
The suggestion has prompted a mixed response, with some retirement experts warning that people may have little left later in life if they spend their pension on their property.
The customers are being sent the emails based on their recorded marketing preferences, which promote Santander’s life insurance service in conjunction with Aviva.
Following completion Allianz will own 100% of LV=GI for a total of up to £1.078bn.
When asked by This Is Money if it could provide a guarantee, the bank instead said it will sell to an institution “who will continue to serve our customers well”.
The offering is available to clients who want to borrow £3m, initially to buy houses in the UK, but in future to buy in nine other countries including France, Italy and Spain.
However Templestein all but ruled out offering mortgages directly.