Finance
Interest rates may be topping out but ‘two-thirds of Britain’s mortgage-rising pain is still to come’
Think tank warns that higher interest rates have yet to affect the majority of mortgaged households, and this year will be 'particularly bruising' for many homeowners.
Property industry reactions: Interest rates rise to 4.5%
The Bank of England's Monetary Policy Committee has raised the base rate of interest again, by 0.25% to 4.5%.
SPF plots international expansion drive
High-end mortgage brokerage significantly boosted its revenue and headcount in 2022.
Coutts opens mortgage range to intermediaries
HNW bank now offers finance for property purchases and remortgages via brokers.
Mortgage approvals saw ‘significant’ jump in March
The latest Bank of England mortgage statistics illustrate the property market's 'convincing rebound', says Knight Frank, while Savills suggests the March data 'reflects an increasingly stable and competitive…
Middle Eastern investment firm to build $2bn UK residential property portfolio
Rasmala plans to create a huge resi investment fund, focusing on build-to-rent and serviced apartments in and around London.
Grosvenor kicks off £120mn resi debt strategy
Loans of up to £30mn will support projects with 'strong social and sustainability credentials'
10 Years of ATED: On the past, present & future of the Annual Tax on Enveloped Dwellings
Law firm Burges Salmon looks back at how the Annual Tax on Enveloped Dwellings (ATED) has evolved and affected the property market since being introduced in 2013, and considers what may lie ahead for the…
Century follows £100mn fund raise with ‘record’ week
Mayfair-based lender notched up £32.5mn of deals involving prime assets in London and the country.
Mortgage approvals rise for the first time since August
But approvals are still running a third below their pre-pandemic average.
The Register of Overseas Entities seems to be working, as UK property deals involving tax havens fall
New research suggests improved transparency in the property market means 'Londongrad' is losing its appeal to corrupt money...
Lendinvest opens-up resi mortgage products
Lloyds-backed tech-driven mortgage platform has formally entered into the UK’s £1.2 trillion homeowner mortgage market.