Heronslea crowdfunds £8.1m for luxury Hertfordshire scheme
The ten-unit development in Radlett means that finance platform CapitalRise has lent against over £300m-worth of prime property since 2016
Stop tinkering with property taxes, urge advisors in SDLT consultation
The Government’s proposed foreign-buyer tax ‘will have an impact beyond its intended target of foreign investors’, warn experts
Buy-to-let mortgages tumble as landlords reel from government ‘onslaught’
UK Finance reports new mortgages to BTL landlords falling to just 5,000 in March, down 9.1 % on the same period last year
New finance platform aims to deploy ‘in excess of £125m’ to SME resi developers in the next 12 months
Hilltop Credit Partners is being backed by Round Hill Capital, and has secured finance from Oaknorth Bank
The average inheritance tax bill has climbed to nearly £200k
IHT is a ‘deeply unpopular and fiendishly complicated tax’, declares NFU Mutual
CapitalRise secures £30m institutional funding line
Top-end property finance platform gets significant backing from a major bank
Goldman Sachs backs Auriens with £185m debt facility
Global investment bank makes another significant play into a specialist resi sector
OakNorth moves into the HNW mortgage market
Four-year-old bank has ambitions to build a £260m mortgage loan book by the end of the year, targeting affluent buyers and unconventional incomes
Goldman Sachs rolls into UK build-to-rent with £118m Birmingham deal
A massive development loan to fund Moda Living’s 42-storey residential tower in central Birmingham is Goldman Sachs’ first foray into the UK’s build-to-rent sector
Opinions sought on new money-laundering rules for high-end letting agents
The EU’s Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients. A Government consultation has been launched to assess what impact this might have on the industry
Damac refinances luxury London tower in ‘a vote of confidence in the UK’
Dubai property developer is ‘currently engaged in detailed discussions’ to secure its next big London project
London’s HNW advisors reveal post-Brexit fears
Majority of intermediaries in the property and private wealth communities expect a ‘sharp decline’ in the number of international HNWIs calling London home, according to a new sentiment survey