The Bank of England has raised interest rates from 1.25 to 1.75 per cent, the sixth consecutive increase, as it tries to get a handle on soaring inflation. However, unlike at previous meetings where the Monetary Policy Committee raised rates by a quarter-point, this time it voted in favour of a more aggressive 50 basis …
As the schools break up and thoughts turn to summer holidays, traditionally this time of year tends to be quieter for the housing market. Buyers and sellers put their searches and sales on hold as they head off on holiday, picking up again in September once the children are back at school. The pandemic and …
It’s been a busy few months here at MT Finance. With our new buy-to-let proposition now live to a select number of intermediaries before a full market launch, the team, headed up by Marylen Edwards, have been working hard to deliver the award-winning service we’re known for. A recent addition to MT Finance, Marylen brings …
For many developers and investors, flipping a property has long been a way of making a profit, and quickly. However, with the rising cost of materials, a labour shortage and a potential cooling of the market, it can be increasingly hard to achieve the desired uplift. While a newly renovated property is still an attractive …
Back in early June, MT Finance, and brokers from across the UK specialist finance industry, took to the hallowed ground of Villa Park to score as many goals as possible. Why? Because MT Finance’s founding directors, Joshua Elash and Tomer Aboody, had pledged to donate £200 to UK charity, Prevent Breast Cancer, every time a …
The latest Rightmove house price index points to a market that’s far from slowing down. Indeed, May saw the price of property coming to market hit a fourth consecutive record of £367,501, up by 2.1 per cent on a monthly basis and putting prices £55,000 higher than pre-pandemic. Astonishingly, given the impact of the global …
2022 has kicked off to a strong start for the UK bridging loan sector. The latest Bridging Trends figures have revealed a total of £156.78m in bridging loans were transacted by those who contribute to the data*, an annual increase of 8.5% (£144.51m) and up 7.8% on the previous quarter (£145.42m). This increase was predominantly …
The UK rental property market is experiencing rising prices as demand outstrips supply. While the initial effects of the pandemic resulted in the so-called ‘race for space’ as buyers rushed to purchase spacious homes, we are now seeing office workers and students returning to city centres. This – coupled with the lack of available properties …
It’s no secret that penguins have a special place in our hearts here at MT Finance. And with World Penguin Day taking place today [25th April] we’re marking it by donating to one of our favourite conservation charities, Global Penguin Society. With a focus on science, education and management, GPS is dedicated not only to …
Landlords and property investors looking to release equity are finding themselves in an increasingly strong position thanks to a buoyant housing market. UK prices keep rising as demand continues to surge, with Nationwide reporting that annual house price growth in the UK hit 12.6% in February. This made the average house price £260,230- an all-time …
