New rental affordability research has revealed that the average UK tenant has been found to spend 35.7% of their salary on rent.

The bank's commercial investment helped the client refinance an existing loan facility on a large office building in Ashford, Kent.

The lender hopes to further support brokers with its latest round of rate reductions

Stephen Patey, Senior Manager, haysmacintyre explores how VAT has been holding back affordable housing and how reform has a key role to play in unlocking much-needed growth in the...

The later life mortgage lender has also announced that July’s ‘limited edition’ rate cut to two-year fixes is now permanent.

The borrower was a repeat customer who had borrowed from Hilco the previous year and this loan was against another asset in the borrower’s portfolio.

The changes mean that the lender will support applications from borrowers looking to raise additional capital for gifting purposes when remortgaging.

The intermediary-only specialist lender has launched four new fee-assisted residential ‘specials’ up to 75% LTV.

The lender recently completed a £1.3m refinance loan on a large MUFB development in London within 9 hours of issuing the offer.

The specialist lender has reduced rates across its CHL1 and CHL2 ranges following the recent Base Rate cut by the Bank of England.