Tag: Shawbrook Bank
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Landlords Are Going Block-Busting – Why Multi-Unit Freehold Blocks Are Hot Right Now
For landlords, there’s a new property type on the block – literally! Multi-Unit Freehold Blocks (MUFBs) are becoming a real hot ticket for investors looking to boost their returns. What’s the Deal with MUFBs? Simply put, a MUFB is a building with multiple apartments or flats, where the landlord owns the entire building – freehold…
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Shawbrook Slashes Rates on BTL and Commercial Loans
Shawbrook Bank has announced rate cuts on some of their buy-to-let (BTL) and commercial loans, making it even easier for you to get your hands on the cash you need to expand your property empire. First up, the big news is that Shawbrook has lowered rates on their digital BTL products by 30 basis points…
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Developers Agree Government Targets Could Be Key to Unlock Housing Boom
The property development sector is breathing a sigh of relief as the new government throws its weight behind tackling planning delays. Planning Permission: A Major Bottleneck A recent survey by Shawbrook Bank revealed that a whopping 74% of developers believe that the government setting clear housebuilding targets for local councils will be the key to…
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House Sales Dip but Experts Say Don’t Panic!
The number of homes being bought and sold has dipped slightly, but experts are saying it’s just a blip and things are still looking good for the property market. Official figures from HMRC show that the number of house sales in June 2024 was slightly lower than in May 2024. This is the first time…
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Funding Woes – Property Developers Cry Out for Help
Property developers are struggling to get the cash they need to build, according to a new report. It’s a real headache for anyone wanting to get into the property game, and could mean fewer homes being built. The research, carried out by Shawbrook, shows that a massive 77% of developers say finding funding is the…
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Shawbrook Offers Mortgages to Wider Range of Landlords
It’s good news for landlords looking to expand their property empires! Shawbrook Bank has just loosened its lending criteria, making it easier than ever to get a mortgage for a range of properties, from multi-unit blocks to industrial spaces. First-time landlords – Shawbrook is now offering mortgages on multi-unit freehold blocks (MUFBs) with up to…
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BTL Landlords Are Getting Savvy, Are You?
The buy-to-let (BTL) market is no longer the gravy train it used to be. Forget the ‘accidental’ landlords, those who just happened to own a spare property – they’re increasingly heading for the exit door. But while the casual investor is struggling to make ends meet, professional landlords are thriving and snapping up opportunities left…
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Developers Demand Action – Next Government Must Help First-Time Buyers, Say Industry Experts
The UK property development industry is calling for a shake-up, with developers demanding the next government take action to support first-time buyers. 86% of developers surveyed by Shawbrook believe the government needs to do more to help those stepping onto the property ladder for the first time. Labour Favoured For Housing Market Boost The survey,…
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Landlords Change Tack – Semi-Commercial Properties Are the New Hot Ticket
Forget traditional buy-to-let, savvy investors are now turning their attention to semi-commercial properties! Landlords are seeking out properties that offer a mix of commercial and residential space, aiming for higher yields and more diverse income streams. The rise of semi-commercial Mortgage lender Shawbrook has seen a dramatic increase in applications for semi-commercial properties this year,…
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UK Housing Market Springs Back – Prices and Rents on the Rise!
The recent data released by the Office for National Statistics (ONS) has shed light on the state of the UK housing market, revealing some significant trends in house prices and rental costs. After a period of decline, the UK housing market has shown signs of recovery with an average increase of 1.8% in house prices…