Specialist property finance trade body, FIBA, has appointed Seddons to its panel of professional partners to provide legal services to FIBA members’ customers. Seddons is a top 200 law practice based in London’s West End, with a strong reputation for both commercial and private client work and has one of the most experienced teams specialising […]
Following the reopening of the housing market in England, on the 13 May, the May 2020 RICS Residential Market Survey unsurprisingly saw a slight improvement in the outlook for sales over the coming twelve months across the UK as a whole. As the housing market in England started to get going, the UK headline net […]
Hope Capital today launches a wholly unique bridging loan – the Hope Combi Loan. This brand-new product combines the Discounted Rate Loan with the Hope Flexi product and a three-month payment holiday period. It is suitable for customers wanting to optimise the loan amount they receive on day one and service their loan, but who […]
London Central Portfolio (LCP) has now undertaken its own in-house analysis of the data to specifically examine what has happened in the Prime Central London market (PCL) and how it may respond following the initial after-shock of the Covid19 pandemic. This analysis indicates that PCL saw a far more pronounced rally in the second half […]
Construction sites have returned to work after the initial impact of coronavirus. But new research from the Centre for Policy Studies shows that they are simply finishing off existing projects. Cautious estimates suggest housebuilding could fall by around 38% over the next year, leading to 76,000 fewer homes being built. The impact could be far […]
United Trust Bank (UTB) has completed a £10.9m Investment Term Loan for an existing customer affected by the Covid-19 lockdown. Successful property investment business and landlord, Rosewall Properties Limited, typically acquires properties, in this instance a redundant office block, adds value via planning enhancements, before converting/developing and then retains the completed scheme in its substantial […]
Flexioffices have partnered with Smart Viewing to deliver a bespoke platform to the flex office space sector enabling online guided viewings. The interface combines a two-way voice and video link with a central screen displaying 360-degree virtual tours, static images or video controlled by the office owner. The impact of Covid-19 has been profound. Physical […]
Bridging lender Hope Capital today relaunches the flexible bridging loan, the Hope FleXi. Now part of the Hope Capital Custom Collection, the Hope FleXi is one of six different products, features and options, all of which are designed to give the most suitable solution for the borrower. The Hope FleXi offers a new level of […]
A North West-based entrepreneur has secured £8.15m in funding from Cambridge & Counties Bank to refinance a portfolio of mixed-use properties as well as acquire new assets. The loan is one of largest made by the bank in 2020 and underscores the strength of its product and service proposition and continued focus on supporting real […]
Pluto Finance has completed a £3.4m development exit bridge loan for Storey Homes’ Birch Meadow development in Hertfordshire. Birch Meadow is an exclusive development of 12, three, four and five-bedroom homes located on Cambridge Road in the Hertfordshire village of Barkway, near Royston. The low-gear development exit bridge facility was agreed at 55% LTV for […]
