Landbay BTL awards Vision Finance with Broker of the Month
Landbay buy to let have awarded Roshan Doostdar with Broker of the Month for August 2021. Each month the underwriters at Landbay decide who has consistently been excellent to work with, and for August this was us! Landbay have generously sent a lovely hamper of cheese and wine – thank you very much! If you
S106 Management – a market leading viability consultancy
S106 Management is a market leading viability consultancy providing bespoke viability assessments and negotiation services since 2011. S106 Management combines expertise from all corners of the planning industry to provide viability services to small developers across the UK. Services include: • Feasibility analysis • Scheme optimisation • Viability appraisals and reporting • Post-submission negotiations
CBILS bridging loans seeing unprecedented demand
The Coronavirus Business Interruption Loan Scheme (CBILS) is available for SMEs through more than 100 accredited lenders across the UK. Many of the lenders we work closely with have been approved by the British Business Bank to provide CBILS loans, including LendInvest, UTB, Fiduciam and Oaknorth. CBILS loans for new developments have been very difficult
LendInvest buy to let mortgages
Vision Finance has been working with the LendInvest bridging and development teams since their inception. We like the way they work and it was welcome news when LendInvest entered the buy to let market. LendInvest BTL offers borrowers market leading rates, and market leading service. In summary we like the way they operate and often
Portfolio buy to let landlords and the PRA changes
The Prudential Regulation Authority (PRA) has made changes to the way in which buy to let mortgage applications are underwritten for professional portfolio landlords. These changes came into force on the 30th September 2017 and have now been implemented by all bank lenders. Here’s a summary of how they’ll affect Buy-to-Let mortgage applications: According to
Allsop auction finance – bridging finance for auctions
Vision Finance has recently structured a complex bridging loan for a property developer who purchased a large commercial property in a recent Allsop commercial auction. At Vision Finance we work with property developers and property investors who regularly acquire properties at auctions and require auction finance. Given the completion period is typically 28 days, traditional
Office to Residential Permitted Development Rights Extended Permanently
Permitted development rights, which were due to expire in May 2016, will now be made permanent. They will also be expanded to allow offices to be demolished, not just converted, and extended to light industrial and launderettes for new homes. Permitted Development Rights have now been extended indefinitely in a move that’s been welcomed by
Shawbrook bridging finance increase LTV to 75% for residential loans
Shawbrook have announced they are now offering 75% LTV on residential bridging finance. This is great news for borrowers! Shawbrook have long been the cheapest provider of bridging finance, offering borrowers the lowest bridging loan rates. However, until now, they only offered loans up to 70% LTV. As well as this increase in loan to
Bridging loan on land
Vision Finance have arranged several bridging loans on land over recent months, so we thought it would be useful to share our experiences. We work with property developers up and down the country, and while full property development finance remains our core strength, many of our clients have requirements for short term finance, and this
Precise bridging finance launch bridging loans with 0% arrangement fee
Precise Mortgages, the intermediary only bridging loan lender, has increases the range of products within its bridging loans. If you are buying a property in need of renovation and want to sell or refinance it shortly after completion this new range of 0% facility fee bridging loans could be a good cost effective answer. Key