LendInvest will now provide pre-agreed limits on how much it will lend, meaning landlords can then go through a shorter underwriting process when applying for a mortgage. As part of a standard mortgage application, if an appetite statement is requested an interview will be carried out to ascertain the borrower’s business plan along with their […]
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A quarter of UK employees (25%) admit to sleeping on the job whilst working from home throughout Covid, a survey from printing and business card company instantprint found. More than a third of Brits (37%) are working less hours since working from home, with the other major distraction being Netflix (37%). Jon Constantine-Smith, head of […]
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Playing music loudly (28%) is the top reason for neighbour complaints, followed by having loud parties (26%), research from property buying company Good Move found. Almost two thirds (64%) of people have had arguments with their neighbours at some stage. Other common reasons include having overgrown plants and trees (19%), parking over the others driveway […]
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Offr, the proptech platform digitising the buying, selling and leasing process for real estate agents and buyers, has launched in the UK & Australia. The company has raised £2.7M (€3M) in seed funding led by Barclays. Also participating in the round were Delta Partners on behalf of Bank of Ireland, AIB, Enterprise Ireland, The European […]
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Property instructions and viewings were up in July following the stamp duty holiday, according to data published by property group Andrews. Viewings saw a monthly increase of 29% in July, with physical viewings up 45% as buyers returned to the market. There were almost 6,000 viewings in July compared to just 20 in April, with […]
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Foundation Home Loans has enhanced three of its 5-year buy-to-let products available to both limited company and individual landlord borrowers. In its F1 buy-to-let product range, intended for landlord borrowers with an almost clean credit history, it has cut its five-year rates on its 65% LTV product to 3.24% from 3.39%, and its 75% […]
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Sachin Parmar (pictured), senior planner at Marrons Planning, planning consultancy, part of law firm, Shakespeare Martineau. The UK has been in the midst of a housing crisis for years, and COVID-19 has highlighted that a failure to cater to people’s needs is an integral part of it. A housing revolution is required, with residents’ wellbeing […]
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More than twice as many principals, advisers and administrators worry about the impact of a second coronavirus lockdown than about Brexit, a survey from the MCI mortgage club has found. Nearly three-quarters (73%) worried about the impact of a fresh lockdown on the mortgage market over the next 12 months, compared to a third (35%) […]
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Some 43% of UK investors between 18 and 34 plan to buy more property due to the stamp duty holiday, research from FJP Investment has found. For all investors this falls to 24%, as younger landlords are keenest to take advantage. Stamp duty was temporarily cut on property purchases worth up to £500,000 last month. The […]
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Nima Ghasri, director at regulated property buyers, Good Move Up to 56,000 people are still living in properties with the dangerous ACM cladding the same as Grenfell Tower. Which cladding is dangerous? Aluminium Composite Material (ACM) was the cladding used on Grenfell Tower and has now been found to be combustible and incredibly dangerous. The […]
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