IN THE PRESS

Your Thoughts: UK Interest Rate Hike, Good Or Bad News?

Today reports indicate the FTSE closed on a record high yesterday, outperforming its already high record from Friday last week, following the Bank of England’s anticipated decision to raise interest rates from 0.25 to 0.5% last week.

Interest rates rise for first time in TEN years – how it’ll affect your mortgage payments and savings

It was July 2007 when interest rates last rose – and in the years since things haven’t exactly gone well – now the Bank of England is upping the base rate again and only the rich will benefit

Interest rate rise: reactions

“Autumn Budget now takes on greater significance as it must find ways of alleviating stress and providing support for property buyers.”

Interest rates rise for first time in a decade

This represents the first increase since July 2007 and follows weeks of speculation that a hike could be imminent. The Bank of England’s Monetary Policy Committee (MPC) voted 7-2 to raise rates by 0.25%.

Industry reacts to base rate rise

The Monetary Policy Committee (MPC) of the Bank of England has voted by a majority of 7-2 to increase the base interest rate from 0.25% to 0.5%.

Interest rates rise for first time in 10 years

Interest rates rise for first The Bank of England has hiked its Base Rate to 0.5%, meaning higher mortgage repayments for many borrowers
Interest rates rise for first time in 10 years.

Interest rates rise for first time in a decade

The Bank of England has raised interest rates by 0.25% to 0.5%. This represents the first increase since July 2007 and follows weeks of speculation that a hike could be imminent.

18M BRITONS SET TO INHERIT PROPERTY

More than 18m people – 36% of Britons – stand to inherit property, research by MFS

Understanding The Future Of The Property Market

There are mixed thoughts across the UK on the current state of the property market and the prospects to come. In some regions economists believe it’s the best it’s been in the last ten years, while others are confident in the current slump, particularly in London.

Half of those who inherit property plan to sell it

Millions of Brits are set to inherit a property, but many aren’t sure what to do with it.

THE PROPERTY INHERITANCE GOLD RUSH

Half of Brits plan to sell their property as soon as they have inherited it

Over 18 million Brits set to inherit a property, which they plan to…

Half of Brits plan to sell their property as soon as they have inherited it

Brits’ property inheritance plans revealed

A new survey has found that 36% of people across the UK will be inheriting a property, equivalent to 18.64 million people.

THE PROPERTY INHERITANCE GOLD RUSH

New research among 2,000 UK adults by bridging lender MFS has revealed the intentions of those expecting to inherit a property. The survey found that 36% of people across the country will be inheriting a property – equivalent to 18.64 million people.

The challenges and opportunities facing UK millennials inheriting property

Over the past few months, a great deal of attention has been paid within the UK property sector to the growing importance of the Bank of Mum and Dad: the emerging market trend of parental support playing a far greater role in enabling people to access real estate investment.

Half of those who inherit property plan to sell it

More than a third of UK adults (36%) will inherit property – equivalent to 18.64 million people, according to research from MFS.

18m Brits set to inherit a property – most will not live in it

New research among 2,000 UK adults by bridging lender MFS has revealed the intentions of those expecting to inherit a property.

Over a third set to inherit property

Over a third of people (36%) across the UK will be inheriting a property, research by bridging lender MFS has revealed.

Millions of Britons have no desire to live in the home they inherit with over half wanting to sell up straight away

Nearly 70 per cent of people inheriting homes from loved ones have no desire to live in them, new data reveals.

Are you set to inherit a house? NOT living in inherited property could cause market CRASH

PROPERTY inheritance is set to become a source of untapped wealth for 18 million Britons, research has shown – but those set to inherit do not plan to live in their new homes, causing fears of a crash.

The future of bridging in supporting property investors

The UK’s bridging lending sector flourished in the aftermath of the 2008 recession, as banks became extremely hesitant to lend to a variety of investors, business owners and property developers.

THE UNTAPPED POTENTIAL OF REFURBISHMENT PROJECTS IN SUPPORTING HOUSING DEMAND

As an asset class, property is renowned for its historic ability to deliver secure and stable returns in times of financial volatility.

Comment: Supporting Britain’s property investors

With a rising demand but growing shortage of rental properties, property investors are an essential part of today’s housing market.

Most Brits don’t want to live in new-builds despite the housing crisis

New research seen by City A.M. has shown that most British househunters are snubbing new-build homes in favour of older properties.

80% of UK buyers unimpressed by newbuild homes

Shocking figures reveal many people consider new-build properties poorly built and an eyesore.

DESPITE HOUSING CRISIS, 81% OF BRITS SNUB NEW-BUILDS

41 million Brits call on the Government to back the restoration of Britain’s traditional properties, rejecting identikit homes sweeping the nation

MFS produces UK homebuyer sentiments report

Market Financial Solutions (MFS) has produced a report focusing on the sentiments of UK homebuyers towards new build and traditional properties.

Four in five avoid new build homes

New-build houses fall out of favour with Brits

Despite the current housing crisis, househunters are opting for older properties over new-builds.

81% of Brits snub new-builds despite housing crisis

81% of UK adults – the equivalent of 41.58 million people – are “unenthused” by the prospect of living in a new-build house, despite these constructions forming a core priority of the Government’s housing policy, according to data from bridging specialist MFS.

Despite HOUSING CRISIS, 81 per cent of Brits SNUB new-builds

41 million Brits call on the Government to back the restoration of Britain’s traditional properties, rejecting identikit homes sweeping the nation

Survey suggests many British buyers would prefer traditional homes to new builds

While more new homes are being built in the UK, new research suggests that many still want older, traditional properties even if they need renovation.

Brits unconvinced by new builds

The British public are unimpressed by new builds and would rather the government prioritise refurbishing existing stock, a poll from bridging lender MFS has found.

Britons are tiring of newbuilds, according to new research

Britons are tiring of ‘identikit’ newbuild housing developments, according to new research by bridging specialist MFS

Brits continue to snub new-build housing

81% of Brits snub new-build housing and call on the government to back the restoration of Britain’s traditional properties, rejecting identikit homes sweeping the nation

Are Brits really snubbing new builds?

One study shows that eight in 10 of us would rather not live in a newly built home

BRITISH PEOPLE ARE TIRING OF NEW-BUILD HOUSING DEVELOPMENTS

New research has found that the majority of people are ‘unenthused’ by new-build housing

Market Financial Solutions has doubled its bridging loan funding drive to £40m

London-based bridging loan specialist Market Financial Solutions (MFS) has announced it is to double the amount of funding on offer for fledging property developers and investors in its ‘industry-first’ investment drive.

MFS doubles industry first Flip Finance 2017 initiative

Bridging specialist Market Financial Solutions (MFS) has announced that it is doubling the amount of funding available through its industry first initiative FlipFinance2017.

MFS ANNOUNCES £20M BOOST TO INDUSTRY-FIRST PROPERTY INVESTMENT DRIVE

Following high demand, MFS DOUBLES funding pot for budding property investors and landlords

MFS doubles funding through FlipFinance2017

Market Financial Solutions (MFS) is doubling the amount of funding available through its initiative FlipFinance2017. Following its launch in May, the funding drive is increasing from £20m to £40m to meet a surge in demand.

Market Financial Solutions (MFS) has announced it has doubled…

…its FlipFinance2017 funding drive from £20m to £40m.

CEO of MFS, Paresh Raja, explains why the Government needs…

…to support the interests of property investors in his latest feature for The Scotsman.

CEO of MFS, Paresh Raja, looks at what the future might hold

As a consequence of strong investor demand both abroad and at home, the average UK property price has grown by 14.34% per annum over the last 20 years. This is an impressive feat, reflecting an asset class with the potential to offer investors secure capital growth, particularly in times of market volatility.

Bridging loan provider opens up £20m funding pot

A £20m funding initiative has been launched to meet the burgeoning demand for property investment across the UK.

MFS to launch £20m property investment drive

Bridging lender Market Financial Solutions (MFS) is preparing to launch a £20m property investment drive for refurbishments.

This bridging loan provider is embarking on a £20m funding drive to support UK landlords and investors

London-based Market Financial Solutions (MFS) has announced it is offering £20m of funding to UK property investors and landlords as it looks to support short-term refurbs and restoration jobs.

£20m funding drive launched to help budding landlords

Market Financial Solutions has launched a £20 million funding initiative dedicated to supporting a generation of first and second-time property investors.

Empty homes targeted by £20m funding drive

Supports for property investors and landlords to refurbish and renovate the 1.4 million uninhabited homes across the UK.

Investment drive to tap into UK’s 1.4m empty homes

A £20 million funding initiative aimed at supporting a generation of first and second-time property investors has been launched by Market Financial Solutions (MFS).

New funding for would-be landlords

A new £20m funding initiative has been launched with the intention of supporting a generation of first and second-time property investors. The initiative from Market Financial Solutions (MFS) is targeted at refurbishment and restoration projects in the £1.4m empty properties across Britain.

The property market can stride forward

Paresh Raja, CEO of bridging lender Market Financial Solutions (MFS), reflects on the UK property sector and considers the market prospects ahead of the General Election and Brexit negotiations

Hung parliament ‘can’t leave property sector dangling’

Three of the sector’s top players pitch priorities to the new government…

Why we must move forward

The United Kingdom must move forward to retain momentum in the UK property market, Paresh Raja, chief executive of Market Financial Solutions has urged.

General Election 2017: London businesses tell us what’s on their mind as they head to the ballot box

It is fair to say that we’ve come a long way in the little under six weeks since Theresa May called the snap election that was never meant to be on the steps of Downing Street.

Spring Budget: Why was the property industry ignored.

For property lenders, maybe what was left out of the chancellor’s statement was more interesting than what was included.

Finance Digest issued the UK Property Market Report

Finance Digest is a quarterly Print and Online Publication providing in-depth coverage and analysis of the global financial community covering a wide range of topics from Business, Finance, Banking, Technology, Trading, Luxury and more.

UK Investors will not Allow Brexit to Derail their Investment Plans

Almost half of investors are more open-minded to new investments in the wake of record-low interest rates 37% consider buy-to-let an attractive investment in the current climate

Pound not Ready to Recover say UniCredit, Cite UK’s Challenged Balance of Payments Account

The British Pound might have creeped higher against most major currencies in the March to April period, but it is far too soon to call this the start of a long-term recovery argue analysts at one of Europe’s largest financial services providers.

UK investors will not allow Brexit to derail their investment plans

Almost half of investors are more open-minded to new investments in the wake of record-low interest rates.

British investors bullish on Brexit portfolios as they cast net wider for returns

British individual investors are bullish on the prospects for their portfolios over the next two years as the UK picks its way through the process of leaving the EU.

What UniCredit say for the Pound to Euro exchange rate

The British Pound might have creeped higher against most major currencies in the March to April period, but it is far too soon to call this the start of a long-term recovery argue analysts at one of Europe’s largest financial services providers.

Investors Keeping An “Open Mind” About Brexit

Just 9% of investors say that the triggering of Article 50 has derailed their plans for the next two years, with 39% viewing it as an opportunity.

Buy-to-let still viewed as an attractive investment

Buy-to-let is still viewed as an attractive investment despite the government crackdown on the sector, data from bridging lender Market Financial Solutions has found.

Investors ignore Brexit worries and see next 24 months as “ample opportunity”

A mere 9% of investors think that the onset of UK-EU negotiations has ruined their investment plans

UK INVESTORS WILL NOT ALLOW BREXIT TO DERAIL THEIR INVESTMENT PLANS

New research carried out among over 1,000 UK investors by Market Financial Solutions has revealed how they are approaching their investment strategies as Brexit negotiations begin.

Buy-to-let still seen as an attractive investment

The buy-to-let sector is still seen as an attractive investment option despite the Government’s crackdown, data from bridging lender Market Financial Solutions has revealed.

Investors view buy-to-let as an attractive investment

Almost two fifths (37%) of investors currently view buy-to-let as an attractive investment according to research by Market Financial Solutions.

UK INVESTORS WILL NOT ALLOW BREXIT TO DERAIL THEIR INVESTMENT PLANS, WITH TWO FIFTHS READY TO SEIZE SHORT-TERM OPPORTUNITIES IN THE NEXT TWO YEARS

Almost half of investors are more open-minded to new investments in the wake of record-low interest rates 37% consider buy-to-let an attractive investment in the current climate

Comments and Reactions to the Spring Budget 2017

Yesterday saw the first budget announcement by Chancellor Hammond. Whilst the property market as a whole left feeling disappointed, we have put together some of the industry leaders comments and reactions to the Spring Budget for 2017.

Spring Budget 2017: London business leaders give us their hopes, fears and predictions

In what is potentially the least-hyped Spring Budget in recent memory, the Chancellor of the Exchequer, Philip Hammond, will deliver his budget from the dispatch box this Wednesday 8 March just three months after his Autumn Statement.

Industry reflects on damp squib Budget

The industry is reflecting on a “damp squib” of a Budget which increased taxes for the self-employed and made little mention of housing or Brexit.

Budget 2017 – The sector responds

“Relieving the pressure on vital social care services is absolutely critical and the government is right to invest £2bn to ensure our most vulnerable people are given the care they need.

March budget responses

“Today’s budget is a function of the geopolitical ‘tight rope’ that Britain is about to walk for the next two years at least.  Buoyed by the UK’s short term economic outperformance, the Chancellor’s budget has set a self-assured and positive tone for the future, whilst at the same time making staid plans for the turbulence that many believe the UK will encounter.

Should you take out insurance against being gazumped? Estate agent’s cover to help buyers who lose £270m a year on sales falling through

Terrified of being gazumped on your dream home or being forced to drop your selling price months after you’ve agreed it?

More than a million London housebuyers have been gazumped by rival bidders

Fifteen per cent of adults in the city have lost out on a property purchase to a rival buyer at the very last minute

Property curse of the 1980s is alive and well as 2.5 million buyers say they have been gazumped

Londoners are the most ruthless property buyers in the country with three times as many people saying they have fallen victim to gazumping.

Londoners at least three times more likely to be gazumped

Perhaps unsurprisingly, a new survey suggests the proportion of London buyers who have lost out on a purchase because of gazumping is three times the national average.

Research reveals extent of gazumping in UK property market

Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average.

Londoners Revealed As The Most Ruthless UK Property Buyers

Bridging lender Market Financial Solutions launches national research which reveals over £4.4 billion has been lost by victims of ‘gazumping’

New survey highlights the cost of gazumping

While there are laws in Scotland which prevent gazumping, i.e. last-minute property bids after deals have been agreed, the rest of the UK can be a minefield. A new property survey by Market Financial Solutions took in more than 2000 adults across the UK.

London’s ‘ruthless’ house buyers gazump at three times the national average

More than 1.5m buyers nationwide tell a new survey they lost out on their ‘dream home’ after a sale fell through at the last minute – and London has the worst of it.

Most ruthless UK property buyers revealed

Londoners are the most ruthless property buyers in the country, according to research by Market Financial Solutions.

Where are the most ruthless property buyers in the country?

New research by bridging lender Market Financial Solutions (MFS) has revealed the widespread issue within the property market of buyers being pipped to the post at the last minute.

Swindle Land: Research reveals amount of gazumping in UK property market

Buyers in the country’s capital are three times more likely to indulge in gazumping, a recent study has revealed.

Being rich doesn’t guarantee credit approval

The phrase “mo’ money, mo’ problems” was made popular a few decades ago when it became the title of a popular rap song, and since then, it’s been used tongue-in-cheek. However, sometimes, more money really can equal more problems if you aren’t spending it wisely.

THE CREDIT STRUGGLES OF BRITAIN

2016 has been a defining year for the British economy. Perhaps most significantly, Britain’s decision to leave the European Union (EU) resulted in a cabinet reshuffle with Theresa May appointed Prime Minister and Philip Hammond the Chancellor of the Exchequer.

Even the RICH can’t get credit: 1 million well paid Brits turned down for credit cards, mortgages and overdrafts

A new study has found that even the rich can’t get credit – with more than 1.3m Brits earning more than £43,000-a-year being turned down for credit cards, mortgages and overdrafts.

Britain’s wealthiest denied credit

Britain’s high-net-worth individuals are routinely being turned down for credit cards, loans and mortgages, according to research.

Why having assets worth hundreds of thousands does not always mean you can get a mortgage

You have assets running into hundreds of thousands, sometimes millions, of pounds so getting a mortgage or a credit card should be no issue, right?

MFS hires new underwriter

Market Financial Solutions (MFS) has appointed an additional member to its underwriting team as the lender continues to expand.

Autumn Statement: London business leaders give their reactions

While we’re still chewing over the small print, Bdaily London has canvassed some snap reaction from the capital’s business leaders.

Britain’s wealthiest denied credit

Britain’s high-net-worth individuals are routinely being turned down for credit cards, loans and mortgages, according to research.

Even the rich can be refused credit by the banks: Up to a million higher-rate taxpayers told ‘computer says no’

Up to a million higher-rate tax payers could have been turned away by high street banks because of a bad credit score, according to a new survey.