Bank lending to property developers halves in two years
Bank lending to UK property developers ‘collapses’
Bank lending to property developers has halved over the last couple of years and it's stopping firms from starting new projects.
By Prime Resi
Property developers shelled out £2.1bn in s106 payments last year
“For smaller developers who are already struggling to find funding for their developments, these added costs can be the final nail in the coffin", says peer-to-peer lender
By Prime Resi
Peer-to-peer mortgage lender backs developer-centric property portal
The world’s biggest peer-to-peer mortgage platform, LendInvest, has announced a "strategic alliance" Plentific.com, a property portal aimed at the renovation/investment/development market.
By Prime Resi
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Well-known RBKC specialist returns to Savills
Dan Martin made the move to luxury brokerage UK Sotheby's International Realty in 2023.
£38m Belgravia mansion sold in London’s first super-prime deal of 2025
Five super-wealthy buyers were fighting it out for the 9,000 sq ft Grade II listed townhouse on Wilton Crescent over the festive period.
International buyer swoops on £26.25mn Mayfair mega-lateral
Fairway Capital sells 'palatial' residence in former Rolls Royce HQ on Old Park Lane; reports £120mn 'wave' of deals to buyers from the UK, Middle East & Asia.
London’s super-prime property market slumps to five-year low
£15mn-plus deals dropped off by a quarter in 2024, reports Beauchamp Estates, as tax hikes, non-dom changes & political uncertainty spooked billionaire buyers.
Harding Green signs former UK Sotheby’s International Realty MD
Guy Bradshaw will focus on Cheshire’s high-value property market as part of the 'freelance' brokerage's expanding network.
Savills PCL teams toast £100mn festive deal flurry
Prime Central London agency & resi development divisions report 'one of their strongest ends to a year' after HNW buyers splash out on mansions & penthouses.
St John’s Wood super-home project goes for £2mn above guide
Multiple bids went in for the 'best-in-class' 10,000 sq ft new-build scheme, which was being offered with a top-tier design team already in place.
Harrods Estates names new Knightsbridge sales manager
Well-known dealmaker steps up at PCL agency's flagship branch.
Luxury brokerage sets up new Private Client Service
New end-to-end offering from United Kingdom Sotheby’s International Realty will connect ultra-prime property markets including the UK, UAE & Saudi Arabia.
CBRE completes Turner & Townsend merger
US real estate giant acquired a majority stake in the UK construction consultant in 2021.
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