Our client, an 86-year-old business owner in urgent need of a cash injection, needed to raise funds via their property portfolio.
Our clients submitted the winning bid on a residential property at auction, which they intended to fix up and sell for a higher profit.
MT Finance compiles Bridging Trends, a quarterly index that compiles data from 12 of the UK’s leading finance brokers. In Q3, the contributors recorded faster completion times, increased lending volumes with contributor gross lending hitting £220.8million.
The latest Bridging Trends data is in and has revealed a 15.3% spike in bridging loans transacted by contributors* during the third quarter of 2023.
For many landlords, the issue of affordability is one that continues to dominate conversation. As the Bank of England base rate remains high (at least
Recently, a broker approached us on behalf of their client who intended to purchase five properties. These properties were newly built and owned by the construction company, of which the client was a director, but did not have majority control.
Back in September, Rishi Sunak announced a series of changes to the government’s green commitments. Among these included the scrapping of Energy Performance Certificate (EPC)
The Bank of England’s Monetary Policy Committee has made a big decision – after 14 consecutive rate rises, they have voted to keep interest rates
