Three hedge fund managers have bet on the prime London market tanking by shorting Berkeley Group, the Financial Times has reported.
Finding hotspots where house prices aren’t inflated will be the main challenge for landlords in 2016, Simon Bayley, commercial director at Foundation Home Loans, has said.
The Financial Conduct Authority has urged the European Commission to redefine ‘foreign currency loan’ in the Mortgage Credit Directive.
Ortus Secured Finance, the London-based commercial lender, has raised a new fund to lend £40m to leisure businesses across the UK and against Northern Irish commercial property.
Shawbrook Bank has made its regulated bridging range available to all of its broker partners.
We are not expecting a rush of business due to landlords breaking the doors down with fresh enquiries to beat the deadline.
Housebuilding firm Taylor Wimpey has launched a review into UK homeownership on behalf of Labour Party shadow housing minister John Heaney.
The Society of Mortgage Professionals has announced 10 roadshows in Newcastle, Birmingham, Bristol, Scotland and London.
Fleet Mortgages has altered its HMO criteria so it will accept properties with more than one kitchen and make loans available to 75% loan-to-value.