With the current fast-moving property market, property auctions, particularly online property auctions, are appealing to a wider range of buyers and investors, who are increasingly visiting auction rooms in a bid to find a bargain. Demand for auction property has grown over the last 12 months. Recent data from EIG Property Auctions showed a 15% …
Last week, the MT Finance football team laced up their boots and took to the pitch in aid of Great Ormond Street Hospital Children’s Charity. Playing against rivals Enra Specialist Finance – whose chosen cause was Spread a Smile – the match made for a thrilling 60 minutes of live sport. It was a tough …
From sponsoring penguins to supporting homelessness charities, we have a long history of giving to causes we care passionately about. But this year we’re doing things differently. Instead of simply donating, we decided it was time for a proper fundraiser. After putting our heads together with Enra Specialist Finance, we created the perfect event: the …
It’s been a busy 18 months for the property market. While fears of a post-stamp duty holiday price crash remain unfounded, there is still uncertainty – and plenty of speculation – about what will happen next. Our Commercial Director Gareth Lewis offers his thoughts on what may fuel demand, predictions for the next quarter and …
After an extraordinary 18 months for the country during which there has been no shift in interest rates, there is plenty of speculation that the Monetary Policy Committee will finally make its move tomorrow. In his recent Budget, Chancellor of the Exchequer Rishi Sunak forecast that inflation is likely to average 4 per cent next …
Rishi Sunak’s highly anticipated budget was unveiled on 27th October amid uncertainty around Covid, rising living costs, and the climate crisis. The focus was firmly on the future, with Sunak declaring it paved the way for an “economy of higher wages, higher skills, and rising productivity.” The lack of available housing was acknowledged while sectors …
When it comes to property auctions, David Sandeman is a respected expert. A qualified barrister with over 30 years industry experience, David founded auction hub and portal Essential Information Group in 1990 after seeing a gap in the market for a reporting service for the UK property auction market. Since then, EIG has become an indispensable …
As the stamp duty holiday finally drew to a close at the end of September, following an extension from the previous deadline and three months of tapering, there were fears that house prices would crash as transactions fell off a cliff. But while there is evidence of a gradual slowdown, fears of a crash were …
According to research from estate agency body, Propertymark, the average time taken from putting an offer in for a property to exchanging has reached between 13 and 16 weeks. Speaking on the current backlog, Propertymark’s CEO Nathan Emerson said that historically sales typically took six to eight weeks to go through and the increase is likely attributed …
At MT Finance there is no one size fits all approach when it comes to bridging loans. Our range of loans have all been designed to meet borrowers’ different financial needs and requirements, from funds to quickly secure an auction purchase to second charge refinancing alongside an existing mortgage. Here’s an overview of what we …
