Property Reporter News - Top Stories
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<p>Mark Dawson, managing director at AST Assistance, explains why compliance risk and liability should be an "immediate and ongoing issue" for all landlords following the Renters' Rights Act.</p>
<p>The loan represents 61% LTV against a combined market valuation of £2,475,000.</p>
<p>The commercial sales bridge was provided to support the redevelopment, which has a projected GDV of £65m. </p>
<p>The south-west London development has a GDV of £80 million.</p>
<p>The £2m facility was completed at 55% loan-to-value.</p>
<p>Billy McCluskey, sales director at Commercial Trust, examines the mortgage issue that can arise when consent to let is treated as a long-term plan.</p>
<p>The 12-month serviced loan was priced at a rate of 0.88% per month.</p>
<p>MERA has completed a £1,627,500 development exit facility to support the refinancing of a three-bedroom new-build house in Dalston.</p>
<p>A £330,000 bridging loan completed in 18 days allowed investors to secure a seven-bedroom Luton property at auction and proceed with a full refurbishment ahead of a buy-to-let refinance.</p>
<p>TAB has completed a £2.8m first-charge commercial bridging loan secured against two London commercial properties, overcoming title complications linked to a pandemic-era rent dispute to deliver a £3.59m funding round.</p>
