Prior to the pandemic, the average cost of renting along the DLR was £1,647 per month. This has since climbed by 4.5% to £1,721 per month.
Paul McGonigle, chief executive at Positive Lending, said: “At Positive we exist to provide excellent customer outcomes and genuine value to financial intermediaries.”
Rents continued to climb in England in August, bringing the average rent across the country to £1,097.41.
As part of its range overhaul, Keystone has also opened up its larger loan cashback offer to landlords borrowing smaller amounts.
Needham pictured) joins TMG after four years as a regional sales director for LSL and brings with him over 25 years of financial services experience.
Out of the top 10 locations, only Liverpool, Coventry and Leeds had more than one university.
Research from Shawbrook Bank has revealed that the value of the PRS has risen by 5.8% – to £1.4trn – in the last year.
As part of the changes the specialist lender has also updated its lending criteria and extended its automated valuation model (AVM) policy.
Within its Mortgage Guarantee Scheme product range, the lender has reduced rates by up to 13bps and 10bps on 95% LTV 2 and 5-year deals.
Notable reductions for first-time buyers and home movers include the bank’s 95% LTV 2-year fix, cut by 0.30% to 2.99%, with a £999 fee.