Propp news reel is your one-stop-shop for property news in the UK.
So, you’re thinking of taking a leap and buying a property at auction – congratulations! But before you start picturing yourself as the proud owner of a charming fixer-upper, there’s one thing you need to sort out first: getting a mortgage. Now, whilst it is possible to get a mortgage on an auction property, it […]
After being approached by a client at risk of losing over £100k in deposit, the team behind Propp.io, the UK’s first specialist finance comparison site enlisted Together to get the loan over the line in record time. The client was purchasing a new build penthouse apartment, but due to some complications relating to their funds […]
Read ArticleA client of ours made some excellent choices to enable them to purchase a commercial unit and immediately recoup most of the cash investment they’d made. This allowed them to move straight on to their next project whilst gaining passive rental income and increasing their portfolio. Because the loan amount was higher than the purchase […]
Read ArticleRents continue to accelerate Over the last 12 months rents have increased by £38 to a national average of £818. The extensive growth is partly being driven by an increased demand for detached housing as tenants prioritise increased space and gardens as a result of the pandemic. Matt Trevett, Managing Director of The DPS said […]
Read ArticleThe superhero of financing Bridging loan finance is an incredibly versatile tool for investors. They are all about flexibility and fast turnaround times. For anyone needing a bridging loan, speed is always of the essence and it can often feel like a bridging loan is ‘coming to the rescue’. There are three specific needs that […]
Read ArticlePropp’s goal is to transform the way people obtain specialist property finance, by driving transparency and innovation in the sector. Peter Williams, CEO of Propp said “Over the past twelve months we’ve seen countless straightforward cases being rejected by lenders for trivial reasons, which is why it’s so important to build relationships with new lenders […]
Read ArticleChanges to permitted development rights come into effect on 1st August 2021 Some of the most significant changes to the classification system of PD in a decade are coming into effect next month. So what are the main changes and what do they mean for developers? The new planning law enables unused commercial buildings to […]
Read ArticleLenders are making changes to their residential and buy-to-let lending policy for foreign nationals following the introduction of the EU Settlement Scheme. Who is affected? Customers who are EU (excluding Republic of Ireland), EEA and Swiss citizens. What will you need to do? If you fall into one of the groups mentioned above you will […]
Read ArticleNew legislation coming into effect on 1st April 2021 will force Landlord’s to have electrical safety inspections carried out by a qualified electrician at least every five years.
Read ArticleAs light draws at the end of the lockdown tunnel, we’ve had plenty of time to reflect on what our lives will look like in a post-pandemic world. You may have been wondering ‘is now the time to invest in property?’ Let’s look at why you might want to and how to make it happen
Read Article * bespoke quotes supplied the next working day following provision of all required lender information being supplied and validation by Propp case manager
† saving based on annualised interest rate saving where deal optimiser service negotiated a lower rate than lender’s published rate, based on current average saving of 0.9% and average loan £1051785. Time saving based on automated versus manual bespoke rate requests.