Finance
Bumper month for PCL as average prices breach £1.5m
Average property prices in prime central London hurtled through the £1.5m barrier in May, according new research by London Central Portfolio.
The Hopeful Continent: A field guide to Africa’s residential property markets
In only ten years, the Economist has revised its definition of Africa from “the hopeless continent” to the “hopeful continent”. Knight
Home and Dry: Flood insurance premiums capped
Well this went to the brink
Opportunity Knocks: Coutts on residential property investment
How does the Queen's bank assess the current health of the UK's residential property market? Stephen Rees, Head of Real Estate Advisory at Coutts, runs through some of its key risks and opportunities and…
The World in London (part two): The key driver of London’s economy
The influx of overseas wealth into the capital continues to be a key driver of London’s economy, says Yolande Barnes in the second part of Savills' World in London report.
£2.85bn “wall of money” for the private rented sector
Jones Lang LaSalle is predicting a whopping influx of funds into the private rented sector this year, estimating that £2.85bn is being targeted at Britain's PRS from UK and overseas client funds.
Continental Drifting: Which European markets are still luring HNWIs?
Authoritatively addressing the bigger picture, Aylesford International's latest research has taken an interesting look at key European markets and how governments are specifically targeting HNWIs in a…
Monty on the Money: It’s a service-driven economy, stupid!
It's not the availability of finance that's the problem, it's the service standards of some lenders, says mortgage maestro Andrew Montlake...
Happy Lending: Mortgages up a fifth in May
The Council of Mortgage Lenders has estimated that total gross mortgage lending in May leapt up to £14.7 billion, representing a rise of 21% from £12.2
Omni Capital bridge the lending gap
Christian Candy's lending arm Omni Capital has launched a shiny new product that aims to bridge the gap between traditional short-term lending and longer-term offerings.
Chinese property giant to build £700m resi skyscraper on London’s South Bank
It's been a big day for Chinese conglomerate Dalian Wanda Group, announcing plans to develop a blockbusting resi tower on the South Bank as part of a £1bn UK investment programme.
The Riverwalk Club: Ronson raises £170m debt for Millbank scheme
Ronson Capital Partners has cobbled together a consortium of high-end lenders to provide £170m to fund its 121-unit Riverwalk House resi development on Millbank in Westminster.