Finance
Foxtons looks to offload its Alexander Hall mortgage arm
High-profile estate agency confirms that it is "reviewing strategic options" for its mortgage business, Alexander Hall.
LendInvest to float
Christian Faes' property finance platform had planned an IPO for 2019, but postponed the move. It now hopes to raise £40m by listing on the London's AIM stock exchange.
Barclays names new real estate chief
Jason Constable has stepped up to become Barclays' Head of Real Estate for Corporate Banking.
Octopus hires new head of resi development lending
Andy Scott has joined the real estate lender and investor from Secure Trust Bank.
Interview: Paul Munford of Century Capital on doubling down on prime property lending
The CEO of Mayfair-based lender Century Capital discusses the current climate for HNW borrowers, key trends amongst his client base, and the post-pandemic prospects for the prime London market...
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
Opes brings in new sales director to lead resi push
Knightsbridge-based mortgage brokerage has completed £14m worth of PCL loans in the last week.
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
Century Capital recruits industry heavyweights ahead of ‘major growth phase’
The specialist prime lender has signed up Ian Axe and Simon Golesworthy as part of a new institutional management team.
£100m government loan to unlock 3,000 homes at Canada Water
Backing will fund infrastructure works at British Land’s 53-acre mega-scheme.
‘Use it or lose it’ land tax mooted again
The government is "privately considering" a plan to impose a land-banking tax on property developers, according to a report in The Times.
Housebuilder sues for £6m over tax advice
London property developer Mount Anvil is reportedly suing KPMG after receiving an unexpectedly large tax bill.