Specialist lender Together has partnered with MCI Mortgage Club to make Together’s product range available to more than 400 brokers on MCI’s mortgage panel, working for 147 firms across the UK.
The price of property coming to market dropped by 1.5% (-£4,496) this month, the biggest fall over two consecutive months since 2012.
Over recent months Charterhouse has been supporting lenders with their capital needs and now feels that the time is right to launch into the lending market itself with a large loans bridging and commercial facility (£5m -£200m)
Amicus Finance has been suspended from its membership to the Association of Short Term Lenders (ASTL).
Teachers Building Society has launched a 2-year discounted variable rate holiday let mortgage for the purchase and remortgage of properties up to 75% loan-to-value.
From January specialist mortgage broker and distributor AToM will change its operating brand to ‘impact specialist finance’.
MT Finance (MTF) has raised up to £50m of senior funding from funds managed by Insight Investment alongside mezzanine funding from an unnamed UK fund manager.
Rents rose by 0.03% in November 2018 which, although the lowest monthly rise since the start of the study, feeds into growth of 0.97% in the year; 0.04% higher than the same point in 2017.
Gatehouse Bank has appointed Georgina Taylor, Sinead Hendrikse and Tyler Sullivan as case managers in its home finance operations team.
In October 10% more surveyors saw a fall in prices at the headline level, the weakest reading since September 2012, the RICS UK Residential Market Survey has found.