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Bilt Hits $10.75B Valuation After $250M Funding Round
11 Jul 2025 13:41 GMT
Bilt has raised $250 million in new primary funding, pushing its valuation to $10.75 billion. The Series round was led by General Catalyst and GID, with a significant $100 million strategic investment from United Wholesale Mortgage (UWM). This marks a key …
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Bilt Rockets To $10.8B Valuation After Wells Fargo Split — What’s Next For The Rent-Rewards Unicorn?
11 Jul 2025 08:10 GMT
The company is expanding its offerings with tie-ups with retailers and mortgage service providers.
Bilt Rewards, which offers users reward points for paying their rent, said on Thursday that it has more than tripled its valuation to $10.8 billion in a …
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Bilt raises $250M to expand into mortgages, with backing from UWM
11 Jul 2025 00:00 GMT
The funding brings Bilt’s valuation to $10.75 billion and will fuel expansion across the broader housing ecosystem, including mortgages, condominium HOAs and student housing, the company announced on Thursday.
In the mortgage space, Bilt is launching …
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BofA sees Canadian housing market rebound, but warns big banks must look beyond mortgages
10 Jul 2025 21:13 GMT
The bank is showing renewed confidence in Canada’s largest financial institutions, citing economic resilience and supportive government policies as reasons to raise price targets across the board. But while the outlook may be brightening for the Big Six, …
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Scottish Mortgage among a swathe of Baillie Gifford trusts to be boosted by SpaceX valuation increase
10 Jul 2025 14:44 GMT
This is according to analysts at Deutsche Numis who have calculated that a $50bn increase in SpaceX's valuation would lead to potential uplifts 1% and 1.9% to the net asset value (NAV) of Scottish Mortgage and Edinburgh Worldwide, respectively.
This …
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First-time buyers boost as new mortgage rules come in across UK
10 Jul 2025 14:22 GMT
… could get wider access to mortgages after the Bank of … per cent of new mortgages issued are for valuations exceeding 4.5 … even higher number of new mortgages at that level.
“It … quot;.
"These income stretch mortgages often make the difference between …
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First-time buyers to get mortgage boost after key Bank of England rule change
10 Jul 2025 11:03 GMT
… could get wider access to mortgages after the Bank of … per cent of new mortgages issued are for valuations exceeding 4.5 … even higher number of new mortgages at that level.
BoE estimates … suggest 36,000 extra mortgages with higher loan-to-income …
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Blog: The green premium – fact or fiction in UK property valuation?
10 Jul 2025 09:00 GMT
As the UK pushes towards net zero targets, the energy efficiency of residential properties is under increasing scrutiny.
Consumer awareness is growing, and it was recently announced that the Future Homes Standard will be published in the Autumn, with a …
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Mortgage timebomb set to hit a million households: Golden era of cheap loans comes to an end
08 Jul 2025 21:38 GMT
Five years ago this week, then Chancellor Rishi Sunak lit a fire under the property market with a generous stamp duty cut which prompted a home-buying boom.
With the pandemic less than three months old, buyers rushed off to buy bigger homes in a ‘race for …
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Unlocking Property Potential: Your Guide to Real Estate Platforms and REITs
11 Jul 2025 14:41 GMT
… income from the interest on mortgages and mortgage-backed securities, acting more … to identify market trends, optimize valuations, and inform investment decisions [5 …