Martock in Somerset given go-ahead by planners


A development of 120 homes in Martock near Yeovil has been given the go-ahead by planners, spearheaded by Barratt Homes. Work on the first phase of the development is set to start shortly – the roles of tradespeople, subcontractors and sales advisers mostly being filled by local people, the housebuilder said. The development will support […]

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Howard Group completes sale of Haverhill Retail Park


The Haverhill Retail Park in Suffolk has been sold to Barsham Securities, a Beccles-based private property development and investment company. The retail park, developed by Howard Group, comprises of 27,000 square feet of retail accommodation with large landscaped parking areas. The park is currently let to operators Pets at Home, Home Bargains and Pure Gym. […]

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How Artificial Intelligence Is Transforming Businesses


Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just […]

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Entrepreneur Profile – MT Finance’s Tomer Aboody and Joshua Elash


Tomer Aboody and Joshua Elash are the founders of MT Finance, a company that provides specialist finance to companies in the UK. For those looking for non-bank financial alternatives, MT Finance can provide fast and effective funds, typically within 2 to 4 weeks of applying. MT Finance was founded in 2008 after both Aboody and […]

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How Good Does Your Credit Rating Need To Be To Get A Mortgage


Can I get a mortgage in the UK with a poor credit rating? If you are a first time home buyer in the UK, you will find that the mortgage system differs from the systems in other parts of the world. Most of the time, you don’t need to have a minimum credit rating to […]

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Agents more pessimistic about the future


Letting agents are split on whether they feel positive about the future state of the industry, Goodlord’s State of the Industry Report has revealed. A sizeable proportion (40%) said they felt either “pessimistic” or “very pessimistic” about the future of the lettings industry Agents are now more negative than asked six months ago, when only […]

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Zephyr Homeloans lowers buy-to-let ICRs


Zephyr Homeloans, the specialist buy-to-let lender owned by Computershare, has reduced its income coverage ratios. For houses in multiple occupation (HMOs), multi-unit freehold blocks and flats above commercial property, Zephyr has reduced its ICR from 155% to 135% for limited companies and to 150% for individuals. Zephyr has also cut the ICR for new build […]

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Tenancy Deposit Scheme calls for clarity on zero deposits


Steve Harriott of the Tenancy Deposit Scheme has spoken out over a lack of transparency over deposit replacement products. There are concerns that ‘deposit-free’ renting is mis-sold to tenants unaware of the costs involved. The scheme gives renters the option of paying a smaller, generally non-refundable fee instead of a traditional deposit – but there […]

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Prime Central London property returns to positive growth


House price growth in London rose by 2.4% in the final three months of 2019 – the first annual increase in six quarters, analysis of LonRes prime London sales data has found. Competition has ramped up in prime areas, with transactions across prime London rising by 34% in Q4 2019 year-on-year. Marcus Dixon, head of […]

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Hope Capital achieves its best start to the year


Bridging lender Hope Capital had its busiest ever January, with enquiries rising sixfold compared to the same month last year. The lender also saw the average loan value rise by 20% year-on-year. It almost trebled the number of cases funded compared to the average of the three previous months, with 57% more deals undertaking valuations. […]

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