Investment

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Gatehouse Bank issues new commercial property products

Gatehouse Bank has announced the launch of a series of new commercial property finance products aimed at businesses and investors. The lender is targeting those interested in acquiring or refinancing commercial property and mixed use or owner-occupied commercial premises through loans of between £500,000 and £2m. The new offerings – commercial investment, semi-commercial, and owner-occupied […]

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North West and Scotland current BTL hotspots, says Shawbrook

Property investors can still achieve good yields in certain pockets of the market, despite the barrage of tax change that have hit the sector, Shawbrook Bank’s UK Buy to Let report finds. According to the report compiled by the Centre for Economics and Business Research, the North West and the city of Manchester in particular […]

Force developers to build less “homogenous” homes: Letwin

The government should adopt a new set of planning rules to speed up building in areas of high demand, and to force developers to provide more varied housing options, an influential report has concluded. Former minister Sir Oliver Letwin was asked to conduct an independent review of build out rates in last year’s Budget. He […]

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Budget 2018: Hammond puts an end to PFI contracts

Chancellor Philip Hammond has said he will end the era of private finance initiatives by the government. Releasing his Budget today, the Chancellor said that there was insufficient evidence PFIs – where private firms compete to act as contractors on government – had worked. He claimed that 90 per cent had been signed under previous […]

Growth in new builds drives positive sentiment: RICS

Surveyors have reported increased workloads over the past three months, driven by a growth in new-build homes. This report, conducted by the Royal Institute of Chartered Surveyors, says this growth comes despite increased financial constraints in the sector, and Brexit-related uncertaintly. This construction and infrastructure survey shows 20 per cent more surveyors reported a rise […]

BTL investors target North West

The North West is becoming a target for external property investors according to new research. Data from specialist buy-to-let broker Commercial Trust shows that 62 per cent of investors buying rental property in this region did not live in the area. This compares to just 40 per cent of property investors in 2015. The data […]

Crystal launches refurb-to-let loan

Crystal Specialist Finance has launched a refurb-to-let mortgage with loan rates starting at 0.43 per cent per capita month. CSF has partnered with Shawbrook Bank to offer the product it says is intended to meet demand of investors moving into the capital growth refurbishment market. The product’s maximum loan-to-value rate is 85 per cent, up […]