ATED receipts dwindle as enveloping loses its appeal
Receipts from the Annual Tax on Enveloped Dwellings fell by 8% (c.£11m) for the 2019/2020 financial year; they have dropped by 28% (c.£50m) since the 2016 peak.
CapitalRise secures £30m institutional funding line
Top-end property finance platform gets significant backing from a major bank
12% of HNWIs ‘have been turned down for a mortgage’ in the last ten years
New research by Butterfield Mortgages lambasts 'tick box' methods of high street lenders
WMG secures £16.5m for 39-unit Aldgate development
Private investment office WMG has picked Malaysian developer CBG to bring forward a 17-storey resi-led scheme in Aldgate, and secured a £16.5m loan from Oaknorth
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