Prosperity Developments moves into residential homes market


A Midlands-based developer that specialises in building and selling buy-to-let apartments to global investors has expanded into the residential homes market. Prosperity Group, headquartered in Birmingham’s Jewellery Quarter, has launched Prosperity Homes. Joe Billingham (pictured), chief executive of The Prosperity Group, said: “Our group ethos is centred on a commitment to providing high-quality properties and […]

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Zephyr Homeloans unveils self-serve platform


Zephyr Homeloans, the specialist buy-to-let lender, has introduced an online self-serve platform, allowing customers to manage their mortgage account online. Paul Fryers, managing director at Zephyr Homeloans, said: “The new self-serve platform helps landlords manage their loans at a time that suits them and from wherever they are in the world. “We’ve seen greater demand […]

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West One Loans expands buy-to-let division


Specialist lender West One Loans has made a number of hires in its buy-to-let division. Jason James has joined from Bluestone Mortgages as a national account manager, alongside Kitt Makwana from Together as a key account manager. In addition, Paul Huxter has come on board from Enterprise to support the distribution extension strategy. Andrew Ferguson, […]

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ilke Homes and whg partner to deliver 43 homes in Southam, Warwickshire.


Modular housing company ilke Homes has signed a deal with Midlands’ landlord whg to deliver 43 factory-built homes in Warwickshire. The 100% affordable housing development will use modern methods of construction and will see ilke Homes provide the land for development in addition to manufacturing the 43 affordable homes for whg. The homes will be […]

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Brickowner raises half a million in funding round


Property investment platform Brickowner has raised £500,000 in its latest funding round. The London-based start-up closed the raise on the Seedrs platform just before the New Year and will use the funds to hire talent, build new technology and launch its secondary market in the first quarter of this year. Brickowner has pledged to use […]

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Property market staying open during lockdown – first reactions


The property market will continue to run despite the government introducing new lockdown measures. Prime Minister Boris Johnson has instructed people to stay at home where possible, while schools and nonessential shops have been closed. However viewings are still possible, while surveys are still being allowed to go ahead. Tomer Aboody, director of property lender […]

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Half landlords lose rental income due to Covid-19


Over half of private landlords have lost rental income due to the Covid-19 pandemic, research from the NRLA has found. Some (56%) had lost rental income as a result of the pandemic, with 12% losing more than 20% of their income. Of all those who had lost rental income, 22% had lost more than £5,000 […]

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Landlords need government support


Paul Shamplina of Landlord Action has called for government help after the introduction of another lockdown. In Scotland and Wales tenants can get a Tenant Hardship Loan Fund to cover months of rent. Shamplina said: “This is an exceptionally difficult situation for everyone and as before it is vital that tenants who are genuinely impacted […]

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Hope Capital launches range of residential refurbishment loans


Short term lender Hope Capital has launched a range of bridging loans for borrowers undertaking property refurbishment projects. The refurbishment range has three products. There’s Refresh, when a property requires relatively minor upgrades, Renew, a property needing moderate repairs, redecoration and refurbishment and Renovate, suitable for more extensive and advanced projects. The range provides LTVs […]

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