BDC News Team

The Red Planet: Homes of the Future

Life on the red planet might sound like a script for a sci-fi fantasy film, but it is becoming nearer a reality. Homes of the future however, mean a very different home to the ones we are quite well acquainted with, on the blue planet. With technological advancements taking place

Read More »

How to design a house with a big garden

Contemporary house design often focuses on the use of space and light especially if the design is bespoke. Clients that can afford it often want homes that are more integrated than they once were. Gone are separate rooms for kitchens and dining areas. These spaces are merely separated by space.

Read More »

RSPB helps develop brick that gives swifts a home

The RSPB has teamed up with Manthorpe Building Products and Barratt Homes to develop a brick that doubles as a nesting box for swifts. RSPB – the UK’s largest nature conservation charity – says thaf swift numbers have almost halved in 20 years and that new nesting boxes are needed

Read More »

Not enough quiet areas: Aberdeen office workers' frustrations revealed

A survey released by international real estate advisor Savills and the British Council for Offices (BCO) has revealed what workers in Aberdeen really want from their offices.  The What Workers Want poll of 1,132 office workers across the UK investigates the factors that are important to employees in the workplace,

Read More »

CBI president: Contractors should warn staff over Brexit – jp

Paul Drechsler, previously chief executive of Wates and now the president of the CBI, warned UK contractors that if they cared about the outcome of the referendum, they should “do something about it”. “That means make sure that people who work for you understand what it means for your business.”

Read More »

Sisk Lagan to build £75m triple decker roundabout

Highways England has revealed details of a project that involves the construction of a triple decker roundabout. Above: The triple decker roundabout The structure is being built by contracting joint venture Sisk Lagan as part of its A19/A1058 Coast Road junction improvement North Tyneside. The plans will go on public

Read More »

Suspended prison sentence for unregistered gas worker

A man who fitted central heating boilers at two houses in Greater Manchester has received a suspended prison sentence, after he admitted he did not have the required safety registration to do the work. Christopher Dignam, trading at Blue Flame Plumbing and Heating Services, has never been on the Gas

Read More »

Major works needed on Palace of Westminster

9 September 2016 | Marino Donati MPs will have to vacate the Palace of Westminster for years so that essential repairs can be done, or face the increasing risk of a ‘catastrophic’ event, according to a committee of MPs and Peers.   In a report published yesterday, the Joint Committee on the

Read More »

TMW announces new BTL cashback products

TMW announces new BTL cashback products The Mortgage Works has announced that as of tomorrow, 29 September 2016, it will be introducing a £250 cashback and free standard valuations for selected new mortgage products for landlords. TMW is expanding its product choice by adding deals with the cashback and free

Read More »
Latest Issue
Issue 339 : Apr 2026

BDC News Team

A More Environmentally Friendly Solution for the Construction Industry is Possible

The Messe Frankfurt Ltd and the Hong Kong Trade Development, have collaborated to co-organise the Environment Bureau of the Government of Hong Kong Special Administrative Region. This stands as the 13th Eco Expo Asia show to be held in Hong Kong, which takes place between the 25th and 28th of October. Showcasing 330 exhibitors from 19 countries and regions across this globe, with around 14,000 expected visitors. Messe Frankfurt create innovative network platforms and organise some 150 trade fairs annually, both in Frankfurt and at various other locations around the world, it stands as the largest trade fair on the planet. The Hong Kong Trade Development is a statutory body, dedicated to creating opportunities for Hong Kong businesses. With a mission to connect companies to business partners across the globe, the collaboration stands as one of excitement. The Eco Expo Asia event is an environmental trade platform that welcomes various industries to showcase their environmental products and solutions. This year the Eco Expo Asia will debut the: Smart Construction for Quite pavilion, which aims to discuss green building products and solutions for noise-related construction issues, a key concern for many rapidly developing cities and regions within Asia. Amongst the highlights of the showcased products and innovations, will be two sets of hybrid construction excavators from renowned Japanese manufacturer, KOBELCO. These excavators produce low carbon emissions, very little noise and offer a demonstration that a more environmentally friendly solution for the construction industry, and other businesses beyond that, is possible. Every year Eco Expo Asia welcomes overseas pavilions and large amounts of group participation, and 2018 will see the largest Chinese Pavilion to date. With the debut of exhibitors from Hunan and Inner Mongolia, as well as from a number of cities in the Greater Bay Area. Returning Pavilions to the event include participants from Austria, Europe, Canada, State of Bavaria, Korea, Japan and Switzerland. The event allows for buyers and attendees to become aware of what market intelligence is available in exploring green products, for a more environmentally secure future. Mr Urs Heutschi, CEO of Swissenviro, commented on the return of the Switzerland Pavilion: “Eco Expo Asia is a well-organised international trade fair in an important environmental market, covering relevant and current environmental issues with a strong focus on sustainability. As the organiser of the Swiss pavilion it is a pleasure to return and work. Each year there is a high demand from Swiss companies who wish to participate at the expo due to its regional location as well as the number of quality visitors from South China and Southeast Asia.” The Smart Construction for Quiet symposium, will take place on the fair’s very first day, providing a unique opportunity for acoustic professionals, architects, site engineers, noise control practitioners, and build and civil contractors, to learn about the latest policies, and the best ways to tackle noise construction problems. The full day event gathers experts on an international scale and gives industry leaders the change to deliver their knowledge to other, like-minded, establishments. A wide range of environmental product categories will be featured, including green buildings and energy efficient green transportation, alongside water treatment and quality management. After its debut at last year’s event, the Startup Zone will also make a re-appearance, aiming to encourage greener start-ups from new up and coming companies.  

Read More »

The Red Planet: Homes of the Future

Life on the red planet might sound like a script for a sci-fi fantasy film, but it is becoming nearer a reality. Homes of the future however, mean a very different home to the ones we are quite well acquainted with, on the blue planet. With technological advancements taking place every other day, coupled with more and more discussions around visiting planets (predominantly Mars), a home investigators expert in the UK has teamed with Professor Lewis Dartnell, Science Communication-University of Westminster, to determine what a home on Mars could actually look like. In a bid to envisage what the everyday house on Mars might really look like, Professor Lewis Dartnell has more of an idea than most. It comes as no surprise that conditions on Mars would be remarkably different to the ones we know now and going to the local shop would take a whole lot more preparation than remembering to take a carrier bag. That isn’t to say Mars doesn’t have some features that are similar to Earth, although around half the size, Mars experiences seasons similar to that we are already accustomed too. Distinct weather patterns that can include dust storms, frost and fog all occur, although seasons do last around twice the amount of time than here on Earth. In terms of surface, it doesn’t appear that Mars’s surface is too dissimilar to ours either, boosting highland rocky valleys in some areas and smooth plains in others. The real challenge undoubtedly for Earthlings rocketing off the red zone, is sure to be the chilling temperatures. Mars can reach a reasonable 20°C on the equator in the peak of summer, with London’s hottest month (July) temperatures averaging 19°C the change doesn’t at first sound anywhere near dramatic. However the rest of the year can be punishingly cold with winter temperatures reaching a terrifying -195°C, even on summer nights temperatures can plummet to below 100°C, so you might need more than a winter coat for the adventure. If we consider what we already know about Mars, and our own basic needs of survival, we can take a rather good guess at what homes on the red planet would need to include in order for us to habitat their successfully. For starters, due to the thinner atmosphere on Mars that is comprised primarily of Carbon Dioxide, houses would need airlock doors, much like those on an aeroplane. Entrances would need to consist of two seal-able doors separated by a short corridor to create a secure airlock. Your home would also need to be equipped with a machinery style room that could contain the necessary equipment to generate oxygen and recycle water. Your bedroom might not be the one you envisioned from a brand new home, as pressurised structures would need to exist meaning your space might be limited. Strategic design would have to be included to ensure you could keep your essentials in one place, but bathrooms won’t appear that different at all. More effort in terms of recycling however is key, so urine filtration systems would occur, sending purified waste back through water supplies. Your cupboard space might look a bit different too, with conditions outside being so unusually harsh, you can leave your raincoat on Earth, your space suit is your new best friend. Arguably the most difficult concept about adapting to a home in Mars would be the lack of amenities and ability to socialise. With no local pubs, takeaways, cinemas, face-time or spending time lounging around with house mates, a move to Mars takes some serious thought. There is a 20 minute transmission delay from Earth to Mars so TV broadcasts aren’t a possibility, you can however download, slowly, box sets and films onto a server. Spokesperson for Hillarys.co.uk, Tara Hall, commented: “Whilst Mars is next on our list of planets to explore, we know that the conditions are harsh and you wouldn’t be able to just pop down to the shops or down the road to see your friends. Any outing would require rigorous preparation and would take time – we’d soon be feeling very homesick for our beautiful planet Earth!” All homes are on Mars are to be 100% self-sufficient, so your food will be grown in your very own inflatable green house, luckily Mars soil provides a lot of the vital nutrients we need to successfully grow crops and sustain ourselves. This would however be a strictly vegan diet, which is bad news for the avid meat lover. Martian homes build for humans also have to contain a gym, on Earth we are constantly working against gravity which means our bodies have adapted to a daily workout whether we know it or not. Gravity on Mars is a mere third of what it is on Earth which means health issues could be in the plenty if we don’t maintain muscle mass. Windows might also be a bit of a tricky one. Exposure to sunlight is essential for our mental health and well-being, but with the radiation levels of Mars being damagingly high, picnics could prove to be a problem. Windows are the way to solve this but they need to be limited to avoid any radiation damage, so small skylights are the only option. Finally, there are of course solar panels. These would be very similar to those on Earth, providing energy to keep Mars homes happy, they would however need regular maintenance after dust storms, which could prove difficult in a space suit. Lewis Dartnell regarded: “Humanity will venture out through the solar system probably sooner rather than later, and Mars is the most enticing location to move house. But although living on Mars may sound exciting, would you want to spend most of your days indoors and not be able to phone your friends and family back on Earth?”

Read More »

How to design a house with a big garden

Contemporary house design often focuses on the use of space and light especially if the design is bespoke. Clients that can afford it often want homes that are more integrated than they once were. Gone are separate rooms for kitchens and dining areas. These spaces are merely separated by space. The same can be said of other features such as staircases. One look at contemporary staircases online and it is clear that spiral staircases are the new normal. Not only do they allow access to the upper levels but are very much a design feature. With this in mind, let us take a look at how to design a house with a big garden. Bringing the Garden into the Home When the garden is large and spacious it becomes a design feature. Unlike smaller homes where the garden is defined, a house can be created to give panoramic and 360-degree views of the garden. This calls for big windows letting the outside colours and light come into the home. Landscaping It is important that the feel of the garden matches the architectural style of the house. For example, the house might be of a traditional, stately home design. As such hedges, clipped lawns, and statues may fit well in the garden. Should the house be more modern a more modern approach to the garden will be needed. As with all things balance and a blend is required to avoid the space looking disjointed. Features As the garden gives more room to work and be creative, you can utilise this to allow for better features for the house. Consider using features such as balconies and glass to maximise views. Good use of living space can really bring the house alive. Adding features such as outdoor stair kits can make the garden accessible from different places and the house accessible from the garden.  Consider using them to utilise the space and add features. Think about what can be seen in the garden from the house. You might want a water feature to be visible or the view beyond the garden might be breathtaking and awe-inspiring. Both of these things add value to a home. Also, good design can hide views which are less savoury. Split level gardens are a good way to partition off different areas without putting up obtrusive fences and other physical barriers. This allows you to make a social, kids, and other areas clear which is heaven sent for most families. Lighting Lighting is important on a number of levels when the garden is a large space. You want the main living areas to be positioned to get the most light and any design should incorporate this. You also want to ensure that the position of the house does not block out light to parts of the garden that need it, such as flowerbeds and vegetable patches. With good design houses and gardens can merge together to make amazing living spaces. A little thought, a little creativity can work wonders to produce the best homes on both an aesthetic and practical level.

Read More »

RSPB helps develop brick that gives swifts a home

The RSPB has teamed up with Manthorpe Building Products and Barratt Homes to develop a brick that doubles as a nesting box for swifts. RSPB – the UK’s largest nature conservation charity – says thaf swift numbers have almost halved in 20 years and that new nesting boxes are needed to help numbers recover as they return to the UK to breed every summer. Swifts complete a 6,000 mile migration to nest in the UK. However with falling population numbers there are now less than 90,000 breeding pairs arriving in the UK, down from almost 150,000 pairs two decades ago. Part of this decline is being linked to a reduction in potential nesting sites. British manufacturer Manthorpe Building Products has worked with RSPB and Barratt Homes to produce the new swift brick, which is designed for easy incorporation during the construction of new homes. The first new swift nest boxes have just been fitted at the Kingsbrook development in Aylesbury, Buckinghamshire. In total Barratt will be installing up to 900 of the swift boxes in new homes at Kingsbrook. Providing more nesting sites for swifts has been one of the aims of the partnership between RSPB and Barratt Homes, which launched in 2014 to look at how nature and wildlife could be incorporated into new communities. Working together, they commissioned Manthorpe to develop a new swift nest box design that could be easily installed during construction. Michael Finn, group design and technical director at Barratt Developments, said: “The bricks are an industry first – they are fully drained, ventilated and are unobtrusive, by matching the colour of the bricks. They also help nurture chicks by giving them room to stand when they hatch. Crucially too, they are much, much cheaper than any other swift brick on the market, which will help their uptake. We actively want other developers to use the brick so we can all help build swift populations. It’s a great example of how we are working together with the RSPB and the wider industry to support nature.” Darren Moorcroft, RSPB’s head of species and habitats conservation, said: “The swift is an iconic species, its appearance announces the start of summer as they swoop and soar above our gardens. Sadly like many UK species the swift is in trouble, their numbers have dropped dramatically, putting them at risk of disappearing completely from the UK. “We are working hard to reverse this decline. In previous centuries builders would often create spaces for swifts, but these techniques have fallen out of practice with modern homes. Our partnership with Barratt Homes has allowed us to share ideas and look at how we can bring this practice back in a way that works for builders, home owners and the swifts.” Gareth Wright, sales director at Manthorpe Building Products, said: “The product is already gaining a lot of interest and due to its ease of fitting and competitive price builders are able to incorporate this product into their new homes with no disruption to the build and no need to incorporate any design changes to existing house types.”   Further Images This article was published on 18 Aug 2016 (last updated on 18 Aug 2016). Source link

Read More »

Not enough quiet areas: Aberdeen office workers' frustrations revealed

A survey released by international real estate advisor Savills and the British Council for Offices (BCO) has revealed what workers in Aberdeen really want from their offices.  The What Workers Want poll of 1,132 office workers across the UK investigates the factors that are important to employees in the workplace, and how much they believe that their current environment satisfies those requirements. In Aberdeen, employees prioritise having a clean office, which is easily accessible  by public transport, with both aspects being ranked as ‘important’ or ‘very important’ by over three quarters of office workers, but further analysis reveals that current offices may not be delivering on these factors. By comparing the importance workers assign to various aspects of the office with their current satisfaction levels, it is possible to identify the size of the ‘frustration factor’ and what organisations need to address in order to attract and retain staff. Aberdeen workers are most frustrated by what they consider to be a lack of quiet spaces in the office available for focused work, with 72% of respondents saying this is important to them in the workplace, but only a third are satisfied with the provision of quiet areas in the their current office.  Public transport connections and office cleanliness round out the top three, receiving middling satisfaction scores despite their importance to workers. Simpson Buglass, director in the business space team and head of Savills Aberdeen, comments: “It comes as no surprise to see in this survey that connectivity polls strongly for Aberdeen office occupiers, coming joint first and third in importance, due in part to the high incidence of peripheral office parks and growing council intolerance to private car use in and around the city, which highlights the need for a good public transport network and service. Meanwhile, office cleanliness ranks joint first in terms of importance, which perhaps reflects staff frustration with full bins and untidy offices towards the end of each day. We are aware of some companies already introducing daytime office cleaning to avoid this problem.” “Aberdeen office workers are also clearly frustrated with the lack of quiet areas in their offices”, adds Steve Lang, director of Savills research and author of the report. “While there are many benefits to employees meeting and sharing ideas in the office, when the time comes to concentrate clearly most feel their environment hinders their work. Organisations must create as much choice as possible to enable employees to vary noise levels to meet their needs depending on what they’re working on.” Bill Ritchie, incoming Chairman of the Scottish Chapter of the BCO, comments: “What Workers Want is a very important piece of research as it allows both office developers and employers to fully understand what their employees actually need. This in turn could significantly help with attracting and retaining staff, which will help Aberdeen in the long term. Our research throws up some very interesting findings – for example, that Aberdeen workers are most frustrated with a lack of quiet spaces, which is perhaps at odds with current development thinking that shared, open spaces are best. There is also a clear frustration with transport connections, which we hope will inform future planning. “Research of this nature, which we have commissioned to promote ‘best practice’ and inform businesses, is vital – we need to really understand how to create the best possible working environments by listening to employees and finding out what they really need.” Top 10 factors most important to Aberdeen office workers Top 10 factors Aberdeen office workers are most dissatisfied with Source link

Read More »

CBI president: Contractors should warn staff over Brexit – jp

Paul Drechsler, previously chief executive of Wates and now the president of the CBI, warned UK contractors that if they cared about the outcome of the referendum, they should “do something about it”. “That means make sure that people who work for you understand what it means for your business.” He said construction leaders should spend the next week talking about the issue at “toolbox talks, site talks, talks in the office”. He warned that if Brexit led to staff being laid off in two months’ time they would ask why they had not been warned beforehand. Mr Drechsler also told contractors to be clear with their suppliers about what the consequences of a vote to leave would be. “Your supply chain has to understand what it means for you. “If your customer thinks it’s very important for them, it should be important for you if you care about your customers.” He warned that the Brexit would cause a “very significant shock” to the UK economy. “The last time that happened was in 2008/09 and on the surface it was quite a straightforward issue [a bank failing] but nobody ever understood what that would mean.     “What it meant was years of significant job losses for the UK construction industry.” He said there was no upside in the short to medium term. “I think for the construction industry it would be more of what we have just been through and some are still recovering from. “That’s why people should be talking about it.” In the event of a vote to leave the EU, the first area of construction to be hit would be the commercial sector, he said, followed by housebuilding as the economy lost confidence and public sector and infrastructure projects as tax receipts fell. The UK construction industry was reliant on the free movement of labour from across Europe, he said, because it needed to access talent from its other 27 member countries. Projects such as the Olympics would not have been built on time without it, he added. Source link

Read More »

Sisk Lagan to build £75m triple decker roundabout

Highways England has revealed details of a project that involves the construction of a triple decker roundabout. Above: The triple decker roundabout The structure is being built by contracting joint venture Sisk Lagan as part of its A19/A1058 Coast Road junction improvement North Tyneside. The plans will go on public display in Newcastle next weekend. Sisk Lagan will be lowering the A19 beneath the existing A1058 Coast Road and roundabout to reduce congestion. Work starts in August 2016. Sisk Lagan’s contract is valued at £40m. The overall scheme cost for Highways England is £75m. The £scheme is on the main route to and from the Tyne Tunnel and will mean that people travelling along the A19 will no longer have to queue at the roundabout to go straight on. Instead drivers will be able to use a new section of road which will run under the existing junction. Highways England project manager Julie Alexander said: “Once complete, this scheme will improve journey times on the A19 by reducing congestion and improving safety for the thousands of drivers that use this junction each day as well as cyclists and pedestrians. “The A19 is a vital strategic link providing access to the Tyne Tunnel Trading Estate, Silverlink Retail Park, Cobalt Business Park and South East Northumberland. During construction we will do everything we can to keep disruption to a minimum and ensure that traffic does keep moving.”       The public information exercise, to explain what disruption can be expected by local motorists, includes a display at the Village Hotel on Cobalt Business Park, West Allotment, Newcastle, NE27 0BY on Friday 1st July between 2pm and 8pm and on Saturday 2nd July between 10am and 4pm. Representatives from Highways England and Sisk Lagan will be on hand.       This article was published on 29 Jun 2016 (last updated on 29 Jun 2016). Source link

Read More »

Suspended prison sentence for unregistered gas worker

A man who fitted central heating boilers at two houses in Greater Manchester has received a suspended prison sentence, after he admitted he did not have the required safety registration to do the work. Christopher Dignam, trading at Blue Flame Plumbing and Heating Services, has never been on the Gas Safe Register, the body which ensures those who carry out gas work are competent to do so. One of the two boilers fitted by him in November and December 2014 was found by a Gas Safe investigator to be ‘at risk’ – meaning that faults were present which could constitute a danger to life or property. Advertisements for Blue Flame Plumbing and Heating in two local publications showed a Gas Safe Register logo and a registration number which does not belong to Dignam, confirming that he knew he should be Gas Safe Registered, the court heard Speaking after the hearing, HSE inspector Caroline Shorrock said: “Dignam showed a reckless and flagrant disregard for health and safety requirements. He knew he should be registered with Gas Safe and he exposed customers to a risk of serious injury or death.” Dignam, of Kenyon Lane, Middleton, Manchester, pleaded guilty to two breaches of Regulations 3(3), and for breaching 3(7) and 26(1) of the Gas Safety (Installation and Use) Regulations 1998. He was sentenced to 12 months custody, suspended for two years. He was ordered to pay £460 and £400 compensation to the two homeowners and £3,000 costs. Notes to editors   The Health and Safety Executive (HSE) is Britain’s national regulator for workplace health and safety. It aims to reduce work-related death, injury and ill health. It does so through research, information and advice, promoting training; new or revised regulations and codes of practice, and working with local authority partners by inspection, investigation and enforcement. www.hse.gov.uk  More about the legislation referred to in this case can be found at: www.legislation.gov.uk/    More information on managing gas appliances and equipment safely can be found at:http://www.hse.gov.uk/gas/domestic/   HSE news releases are available at http://press.hse.gov.uk Journalists should approach HSE press office with any queries on regional press releases. Source link

Read More »

Major works needed on Palace of Westminster

9 September 2016 | Marino Donati MPs will have to vacate the Palace of Westminster for years so that essential repairs can be done, or face the increasing risk of a ‘catastrophic’ event, according to a committee of MPs and Peers.   In a report published yesterday, the Joint Committee on the Palace of Westminster has proposed that  all MPs, Peers and staff move out so that a major programme of works, costing £3.9 billion and taking six years, can be carried out.   It proposes that ahead of this, a delivery authority should be established to develop a business case and budget for Parliament’s approval, with a detailed preparatory stage to ensure value for money ahead of the start of works in 2020.   The report concludes that the current “patch and mend” approach is unsustainable, and the Palace of Westminster “faces an impending crisis which we cannot responsibly ignore”.   It says that there is a growing risk of either a single, catastrophic event, such as a major fire, flooding or gas leak, which would lead to Parliament no longer being able to occupy the Palace.   The Committee concludes that the House of Commons could occupy Richmond House, the Department of Health’s current head quarters and the House of Commons’ Northern Estate, while the House of Lords could establish a temporary chamber and supporting offices in the Queen Elizabeth II Conference Centre.   The committee recommends complete replacement of the Palace’s M&E systems, installing proper fire safety measures, improving accessibility and maintaining the historic fabric of the building.   The report said: “Much of the M&E plant dates from the mid-20th Century; some of it dates from the Victorian era. Many of the systems reached the projected end of their lifecycles in the 1970s and 1980s. They have been patched up year after year, often with new cables and pipes laid on top of old, and with little knowledge of what the existing services are, where they go, or whether they are still live.”   It added that the significant amount of asbestos throughout the Palace added to the complexity, cost and time needed for the work.   The report said: “The challenge of the Restoration and Renewal Programme is immense, but it also offers scope to deliver some significant improvements to the way the Palace works, turning a masterpiece of 19th Century architecture and design into a building that is fit for a 21st Century Parliament.”   The programme of repairs will present significant opportunities to engage with small and medium-sized enterprises, the committee also concluded. How apprenticeships and other training schemes could be delivered as part of the restoration programme to provide a lasting legacy of skills, should also be considered, it said.   The Joint Committee was appointed last year to consider a range of options to protect the Palace and to maintain it as a working parliament.   Baroness Stowell of Beeston, co-chairman of the committee, said that this was an increasingly urgent problem.   “We can’t put off the decision to act any longer if we are to protect one of the most important and iconic parts of our national heritage,” she said. “The next phase of work, to be conducted by the Delivery Authority, will be vital in ensuring that Parliament has a fully costed and tested plan for conducting the work, before being asked to give the final go-ahead for the works to start.”   Committee member and Committee spokesperson, Chris Bryant MP, said: “All the evidence points to having to move out of the whole Palace simultaneously. That is the lowest risk, most cost-effective and quickest option.” Source link

Read More »

TMW announces new BTL cashback products

TMW announces new BTL cashback products The Mortgage Works has announced that as of tomorrow, 29 September 2016, it will be introducing a £250 cashback and free standard valuations for selected new mortgage products for landlords. TMW is expanding its product choice by adding deals with the cashback and free standard valuations to its range of options, which now include products with a 2.00% fee, a zero fee option as well as deals with flat fees of £1995 and £995. Paul Wootton, Managing Director of TMW, said: “After listening to feedback from brokers, we have launched new products with both a cashback of £250 and fee-free valuations to the TMW range, in addition to offering a competitive range of rates with varying fees. This will help to support landlords looking to minimise upfront costs. The new products will also now provide access to the free standard valuation option for house purchase customers that was previously only available on remortgage. In addition, cashback is a useful substitute for free standard legals option for those remortgage customers who prefer to use their own solicitor.” The new products are as follows: • 2 Year Fixed 65 per cent LTV, with £995 fee, free valuation and £250 cashback at 2.34% • 2 Year Fixed 75 per cent LTV, with £995 fee, free valuation and £250 cashback at 2.59% • 5 Year Fixed 65 per cent LTV, with £995 fee, free valuation and £250 cashback at 2.99% • 5 Year Fixed 75 per cent LTV, with £995 fee, free valuation and £250 cashback at 3.44% • 2 Year Tracker 65 per cent LTV, with £995 fee, free valuation and £250 cashback at 2.29% • 2 Year Tracker 75 per cent LTV, with £995 fee, free valuation and £250 cashback at 2.54% TMW is also supporting brokers to help landlords understand the forthcoming tax changes with detailed information on the TMW website as well as a calculator to determine the potential impact.   Source link

Read More »