Tag: Castle Trust Bank
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Castle Trust Bank Cuts Mortgage Rates for Renovations
Castle Trust Bank has announced some fantastic news for anyone looking to buy a property, with big cuts to interest rates on a range of mortgages. There’s good news whether you’re thinking of making some home improvements or becoming a landlord, as Castle Trust Bank has reduced rates on many of its mortgages. Let’s break…
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Castle Trust Bank Slashes Rates on Bridging Loans
Castle Trust Bank has announced a series of reductions on their bridging loan interest rates, making them a more attractive option for property investors looking to finance renovations or bridge gaps in funding. These new special edition rates apply to both Light and Heavy Refurb bridging loans, with the bank setting a deadline for completion…
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Bright Outlook for Bridging Loans in 2024 as Brokers Anticipate Rise in Business
The latest findings from the Castle Trust Bank Pulse survey have painted an optimistic picture for the future of bridging loans in the UK. According to the survey, a significant 68% of brokers anticipate they will handle more bridging loans in 2024 than they did in 2023. This promising data indicates that the demand for…
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Castle Trust Bank Launches New Bridging Loan Scheme
Castle Trust Bank has rolled out its new ‘Bridge the Gap’ bridging loan product. This strategic financial solution is crafted to assist borrowers who are on the brink of concluding their existing fixed-rate or bridging loans but are wary of locking into a new buy-to-let mortgage due to the forecasted dip in interest rates in…
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What are People Investing in Right Now?
Property investment in the UK remains a popular way of earning a long-term income or achieving a lump sum profit upon sale, thanks to the strength and resilience of both the traditional housing market and the rental sector. In the current climate, location and property type are particularly important for investors. In recent times, there’s…
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HMOs and Refurbishments Most Popular Investments
According to a recent survey conducted by Castle Trust Bank, refurbishments and houses in multiple occupation (HMOs) have emerged as the top choices for property investors in the last three months. The survey conducted by Castle Trust Bank’s Pulse Surveys revealed that approximately 40% of brokers identified refurbishments as the most popular specialist property investment…