OneSavings Bank is now offering residential and buy-to-let lending up to 70% loan-to-value through its Kent Reliance and Precise Mortgages brands. Yesterday its other brand, InterBay Commercial, launched a range of semi-commercial products up to 60% LTV and buy-to-let products up to 70% LTV. Precise and Kent Reliance enable lend on properties valued up to […]
The post OneSavings Bank opens buy-to-let lending to 70% LTV appeared first on PropertyWire.
The United Nations has accused a corporate landlord with more than 2,000 UK properties of breaching tenants’ international human rights. Leilani Farha, UN Special Rapporteur on the right to housing, said the firm is creating a hostile environment for tenants by overseeing degrading housing conditions, hiking rents and threatening eviction. Akelius Residential is a Sweden-headquartered […]
The post UN points finger at corporate landlord for abusing human rights appeared first on PropertyWire.
Catherine Cortez is an architect and interior designer Working from home tends to be the most preferred way of working in the recent past probably because of the better work-life balance it provides. Not having to deal with stressful commutes, having flexible working hours, as well as working in your own personal space has a […]
The post Tips for creating a perfect office to work from home appeared first on PropertyWire.
Masthaven Bank has appointed Leigh Bartlett as chief executive, with previous CEO and founder Andrew Bloom stepping down to a non-executive director role. Bartlett has been promoted from chief financial officer. She first joined the bank from technology company FNZ in May 2019, while she has previously held CFO positions at Williams & Glyn, Westpac […]
The post Masthaven appoints CEO as founder steps down appeared first on PropertyWire.
More than 69,000 Bounce Back Loans worth over £2bn have been approved during the first 24 hours of the scheme. The seven largest lenders (Barclays, Danske, HSBC, Lloyds, RBS, Santander and Virgin Money) received more than 130,000 applications on the first day of the scheme, which launched on Monday. Chancellor Rishi Sunak said: “Small businesses will […]
The post Over 69,000 loans approved on day one of the Bounce Back Loan Scheme appeared first on PropertyWire.
Over half (52.9%) of landlords aren’t considering applying for the Scottish government’s interest free loan, a survey from Edinburgh estate agent Portolio found. Despite this stat almost a third of landlords would struggle to pay their buy-to-let mortgage if their tenants could not pay rent. Ross Macdonald, co-founder of Portolio, said: “We discovered that over […]
The post Over half of landlords in Scotland not interested in government’s interest free loan appeared first on PropertyWire.
The COVID-19 pandemic has had its benefits for the property industry and up-and-coming companies according to Luke Smith, director of development and investment consultancy Avory Smith. Smith reckoned the pandemic has forced companies to improve their use of remote working technology, while the chaos caused by the situation has made it easier for his firm […]
The post Avory Smith: There are big positives to take from COVID-19 appeared first on PropertyWire.
Windsor-based retirement village Castle Village is now offering virtual property tours, highlighting how tours of these kind are becoming increasingly common. Those considering moving into a retirement village, or looking to help a loved one, can explore the building remotely, from the front door to the lounge, to the choice of apartments, the restaurant, bars […]
The post Castle View now offering virtual retirement tours appeared first on PropertyWire.
Specialist lender West One Loans has reintroduced its buy-to-let second charge product range. The lender accepts applications from self-employed borrowers up to 75% loan-to-value, while it accepts AVMS on Apex 1 plans up to 65% LTV. The lender has removed restrictions on acceptable loan purposes. Marie Grundy, sales director for West One said: “I am […]
The post West One Loans reintroduces buy-to-let second charge appeared first on PropertyWire.
British buyers of property overseas through a mortgage from a foreign bank are having a tough time seeking assistance during the COVID-19 pandemic, overseas property professional Simon Conn said. The exception appears to be banks in Italy, who have shown willing to renegotiate the interest rates on loans. Meanwhile Italian mortgage contracts normally have a clause […]
The post Foreign banks unsympathetic towards British buyers – except from in Italy appeared first on PropertyWire.