RedArc: Intermediaries should understand added benefits when promoting protection products


Mortgage intermediaries have been urged to understand the added value benefits when promoting protection products during the pandemic by Christine Husbands, managing director at RedArc. Husbands at RedArc, a third-party nurse service often included within insurance policies, claim that the better informed an intermediary is the better … This article is only available to “Registered […]

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Backlash after Labour describes stamp duty change as ‘huge bung’ for landlords


RIngley Group has hit back at the Labour Party after it claimed the stamp duty holiday was a £1.3bn “bung” to landlords. The property tax was cut on purchases up to £500,000 until March 31 next year by Chancellor Rishi Sunak (pictured) last week. Mary-Anne Bowring, group managing director at property services company Ringley, said: […]

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NHBC launches MMC certificate service


Warranty and insurance provider NHBC has launched a service potentially providing a certificate, warranty, logo and website listing for Modern Methods of Construction properties. NHBC Accepts has been created to enable MMC systems to be fast-tracked for NHBC warranty after undergoing technical reviews at key stages. Richard Lankshear, innovation manager at the NHBC, said: “The case for […]

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Crest Nicholson launches Southampton development


Developer Crest Nicholson has launched a development in the market town of Bishop’s Waltham, Southampton. ‘Tangier Gardens’ has 38 three and four bedroom houses, with the homes ready to move into by October 2020. The homes are traditional in design with modern interiors. Eileen Guihen, head of sales and marketing at Crest Nicholson South, said: […]

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Service launches to resolve tenant and landlord disputes over rent arrears


A newly launched service to help resolve rent arrears issues amid the COVID-19 pandemic has launched. TDS Resolution has been launched by The Dispute Service (TDS), a not-for-profit company which also runs a number of government-approved tenancy deposit protection schemes. Steve Harriott, chief executive of TDS, said: “In a world where some tenants are in […]

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Leeds Building Society reintroduces holiday let mortgage range


Leeds Building Society is reintroducing its 2-year fixed rate range of holiday let mortgages. Products have a rate of 2.84% to 60% loan-to-value and 3.34% to 70% LTV. Both products come with a free standard valuation, fees assisted legal services, and no product fee. Matt Bartle, Leeds Building Society’s director of products, said: “In these […]

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Atelier Capital Partners appoints director of origination


Atelier Capital Partners, who offer bespoke short-term lending solutions to property investors, has appointed Martin Gilsenan as director of origination. Gilsenan left mezzanine lender Iron Bridge Finance where he was director of sales since 2017. Atelier Capital Partners launched in January 2020, and Gilsenan’s appointment comes following a recruitment campaign by the lender. Chris Gardner, […]

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ReSI secures £300m facility to support shared ownership


Residential Secure Income plc (ReSI) has entered into a £300m long-term secured debt facility with the Universities Superannuation Scheme (USS) which hopes to “unlock” the development of shared ownership homes in the UK. ReSI, which invests in shared ownership, retirement and local authority housing, has entered into the 45-year facility with USS which is drawable […]

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Goodlord acquires Vouch


Proptech company Goodlord, which operates a lettings platform, has acquired referencing platform Vouch. Vouch’s founders will become Goodlord shareholders, with Vouch gaining a seat on the Goodlord board. The platforms will retain their separate brand identities, however the two businesses will work together when developing services, integrating with one another via API. Vouch customers will […]

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Why I’m not a fan of the stamp duty holiday


Last week saw the government change stamp duty once again, temporarily cutting the tax on property purchases worth up to £500,000. While I’m sure the change will be music to many people’s ears, I’m not a big fan of this latest tinkering with stamp duty, for a few reasons. Firstly, it looked like the market […]

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