The Government has introduced new rules regarding licensing of houses in multiple occupation (HMO) that will mean a substantially higher number of properties will require a licence. From 1st October, an HMO licence will be needed for properties occupied by five or more people from two or more separate households, regardless of the number of …
Property investors are opting to raise alternative finance after struggling to secure buy-to-let mortgages, according to the results from our latest property Investor Survey. 57% of 84 property investors surveyed struggled to secure a BTL mortgage in the past 12 months, with 62% citing affordability criteria as the primary barrier to mainstream funding, followed by …
Bridging lending hit highest level in the first quarter, according to the latest Bridging Trends data. Bridging loan volume peaked at £154.02m in the first quarter of 2018, up almost a third compared to £118.79m for the same period last year, as demand for short-term finance continued to grow. The year kicked off to a …
According to the results from our latest Broker Sentiment Survey, bridging loan volume rose by almost a third in the first quarter of 2018 as demand for short term finance remained strong. Some 30% of the 119 brokers surveyed experienced a rise in bridging loan volume, with the biggest demand coming from the South East …
On Friday, mtf won the award for Bridging Lender of the Year at the Property Wire Awards 2018. The award was presented by Martin Roberts, presenter of the BBC One property auction series, Homes Under the Hammer, at Eight Members Club in London. The Property Wire Awards are brought to you by the team …
Last night, MT Finance once again won the award for Best Service from a Bridging Finance Provider at the Business Moneyfacts Awards 2018. The prestigious accolade was presented by Claudia Winkleman, at the Lancaster London Hotel. This is the third time MT Finance has won this award, having previously scooped the award for Best Service …
The use of bridging finance will typically involve the purchase of a property and as a result, it is very important to know the difference between leasehold and freehold. Whether the property is leasehold or freehold will have a notable impact on the running costs of the property, the ability to make changes to it …
mtf specialises in providing fast access to funds with the average bridging loan completed within 2 to 3 weeks of starting an application. To get started, you can make an application online and provide a few simple details. We do not require you to fill in any long forms and we can give an offer in principle …
The bridging finance industry is currently worth in excess £4 billion, according to data from the Association of Short Term Lenders (ASTL). According to the latest figures, the overall value of bridging loans written in Q3 2017 has increased 38.9% compared to the same period last year. Benson Hersch, CEO of the ASTL said: “It …
A third of UK property professionals are set to expand their portfolios in 2018 as appetite for opportunistic deals continues, remaining resilient despite a backdrop of increased challenges. We polled 109 property professionals as part of our research into the future performance of the UK property sector. Some 33% of investors planned to increase their …
