Property Landlords looking to build their portfolios tend to invest in their home towns or cities as management of the properties is easier. However, looking for better yields and room for capital growth may involve looking further afield.
Essential trades assisting with refurbishments and developments are, in the most part, continuing to offer their services and having the right team around you can make all the difference in delivering the project on time and on budget.
A Derby-based husband and wife team of successful property investors have expanded their regional real estate portfolio with the acquisition of the former HMRC office in Derby. The purchase of the site has been supported with a six-figure commercial mortgage from Cambridge & Counties Bank.
Despite the COVID 19 pandemic and the subsequent lock downs and tier system introductions, the BTL Market has continued to thrive. One could say that the part stamp duty relaxation, available until the end of March, has kept purchases buoyant, but we have also seen a high number of refinance deals completed as fixed rate deals have come to an end.
In association with EMPO, we have created a virtual Property Finance Clinic giving you access to the Sterling Commercial Finance property team.
Last week’s East Midlands Business Link Bricks Awards 2020 may have looked very different from previous years, but the digital awards ceremony was still a vitally important opportunity to celebrate the success of the region’s property and construction industry.
Your Property Finance questions ANSWERED How might my HMO be valued by a Lender? This is a question that we are asked on a regular basis and there is no simple answer. The majority of HMO lenders will lend on the vacant possession value of the property (or bricks and mortar), despite the rental income received […]
EMPO is the leading residential landlord association in the East Midlands. This established association has been providing support and representing member’s interests since 1942.
The Chancellor’s announcement that he is increasing the stamp duty threshold to £500,000 until 31 March 2021 is welcome news for the homebuyers and for the economy, but it is also brings opportunity for our property investor clients.
We are pleased to announce we now have access to a CBILS backed Bridging Finance for Developer Exits on residential development schemes