Finance
Real estate lender Précis adds heavyweight legal chief
Précis Capital was set up last year Randeesh and Daljit Sandhu and Karen Dunstan, with backing from TowerBrook Capital Partners.
Unreal Deals: Is crypto the future for real estate?
The Sotheby’s International Realty team delves into the prospects for cryptocurrency in international real estate markets.
Developer secures £14.9m loan for boutique Highgate scheme
ME Developments' Highgate Mews project will be delivering 13 new luxury apartments near Hampstead Heath
J3 builds team with ambitious growth plans
Recently-launched finance and insurance advisor plans to triple in size this year.
CapitalRise backs 23-apartment Gloucester Road scheme
"High calibre borrower" secures £8.3m to finance the development of a Victorian townhouse in South Kensington.
Second home tax loophole closed
New rules mean holiday lets must be rented out for a minimum of 70 days a year to qualify for lower local tax rates.
Watch: Hollinrake proposes a new wealth tax on non-resident property owners
MP and former estate agency boss Kevin Hollinrake has outlined a series of proposals to make Britain's housing market more fair and equitable - including a new wealth tax on overseas buyers of UK property.
Sancus builds UK business development team
Niche property finance firm has recruited four new faces in the last few months.
Mortgage lending bounces to nearer-normal levels
67,000 home purchase mortgages were approved in November, according to the Bank of England; the lowest figure since June 2020, but near the 12-month average up to February 2020.
December’s rate hike makes January a unique opportunity for borrowers
Lenders get hit with new targets at the beginning of the year and CEOs will want to make hay while the going is good, writes Alex Ogario
Wilton Crescent refurb project bags £17.5m loan from CapitalRise
Super-prime townhouse renovation project in Belgravia has been valued in its current state at £27m.
BoE nudges interest rates up to 0.25%
"The rise has been a long time coming, and with inflation now at decade high levels, there really is little alternative," comments Strutt & Parker, while Knight Frank Finance says "it’s clear that the…