Finance
Funding for Lending extended for a year
The Bank of England and HM Treasury announced yesterday (24 April 2013) an extension to the Funding for Lending Scheme (FLS)
PCL values rising by £383 a day as average price hits record high – Cluttons
There's been a few hefty stats emanating from the Cluttons camp this morning. Here's a quick rundown:
Prices in prime Central London rose by 2
Ballymore to sell “ready to go” Royal Wharf development
Royal Wharf, one of the capital's largest development opportunities, has just hit the open market
HMRC HNW unit nets a record £220m from wealthiest taxpayers
HMRC's specialist high net worth unit brought in a record £220 million of extra tax from Britain's 5,800 wealthiest individuals - those with assets of more than £20m - last year.
Johnson names housing developer panel
Boris Johnson has named the 25 developers chosen to sit on his new land procurement panel, which is being set up to "accelerate the delivery of housing in London by making it faster, easier and cheaper…
Mishcon bolsters property finance team
Mishcon de Reya has boosted its Real Estate Group by recruiting Raji Bartlett as a consultant.
Bartlett joins from SJ Berwin, where he was a Partner in the Finance Department for 16 years
Southfields and Putney offer best returns for rental investors – D&G
Investing in London property is a pretty good idea, according to a new report (and many, many graphs) from Douglas & Gordon's asset management arm, with gross rental returns in prime central London outstripping…
French HNWIs eschew property for liquid assets
French HNWIs are moving away from real estate assets and concentrating on liquid alternatives, according to a study by Timetric
National Trust powers up Green Castles scheme
The National Trust has embarked on a £35m plan to generate 50% of its energy requirements from renewable sources - like sunshine, wind and rain - so halving its fossil fuel consumption by 2020.
New Head of UK Asset Management for Butterfield
Paul O’Neill has joined private bank Butterfield as head of UK asset management. It's a new role at the firm that is intended bring its research and portfolio management functions a bit closer together.
London’s luxury house price growth “is probably unsustainable” – Grosvenor
Grosvenor Group is not convinced about the future of London's prime property market, despite the company owning swathes of prime central London and this year's financial results being driven by its property…
Looking for the next Rightmove: PrimeResi meets Faisal Butt, property’s venture capitalist with the Caan-do attitude
A man on a mission to change the property industry