Finance
Property finance advisor reports 80% transaction jump
Three-year-old firm arranged £254mn of new lending in H1.
Industry Reactions: Mortgage approvals drop to lowest level since 2023
Fresh Bank of England data suggests home-buying activity is slow and slowing.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
MPs call for Stamp Duty ‘loophole’ to be closed after blockbuster Chelsea mansion deal
Investigation finds five modest flats were included in the reported Providence House sale, with tax experts putting the resulting SDLT difference at around £18.5mn.
Buy-to-let beats stock market over 30 years – but times have changed
It's been 30 years since the first BTL mortgage launched; Hamptons describes the product as 'one of the largest wealth-creation engines of modern British history'.
Big-ticket mortgages rise as wealthy buyers turn to debt
More than £3bn was advanced through regulated £5mn-plus mortgages in the year to March, with London accounting for nearly nine in ten deals.
Property Industry Reactions: Interest rates held at 3.75% for sixth time
But the Bank of England has warned rising inflation means a rate hike is getting more likely.
Premier League arrival lines up £5.2mn mortgage ahead of UK move
90% LTV facility structured for international player buying a £5.8mn home before his new six-year contract kicks off.
Enness Global installs new Chief of Staff
Douglas & Gordon veteran joins the HNW finance firm.
Stately home owner pitches unusual investment to help bankroll historic family estate
A Lord is reportedly seeking £10mn for a stake in their 5,000-acre Suffolk family estate.
Property industry reactions: Mortgage approvals declined in July
New Bank of England data illustrates 'the concerns and difficulties facing buyers', comments one prime resi pundit.
Resi developers ‘are increasingly prioritising profitability over speed of sale’
Property lender finds one in eight new-build property listings remain unsold after six months.