Landlords are changing how they choose tenants under the Renters’ Rights Act, with those holding five to nine properties making the most changes.

The £7.1m facility is secured over seven completed homes, four of them sold subject to contract, and two plots at damp proof course stage.

The NRLA says tax reform and support for energy efficiency upgrades should form part of a Budget that increases rental supply.

Infrastructure costs are the biggest barrier to grey belt development, cited by 52% of developers surveyed by Shawbrook Development Finance.

Kiran Patel of Venture Finance explains how a real estate debt capital adviser differs from a commercial finance broker on scale, specialism, lender access and credit papers.

All three facilities completed ahead of redemption penalty dates, avoiding extra costs for the borrowers.

Foundation’s updated buy-to-let rates include a 4.69% two-year fix and MPOT five-year deals cut by 26bps.

More than half of letting agents are now more cautious when recommending tenants, while one in four landlords say they are more likely to reject applicants.

Litton Properties will build seven units totalling 31,264 sq ft at Markham Vale, funded by £3.3m of development finance.

The six-month bridging loan was structured at 50% LTV and refinances the borrower’s existing bridge, which had reached the end of its term.