Finance
Coreco’s Montlake to lead mortgage broker trade body
Andrew Montlake has been named Chair of The Association of Mortgage Intermediaries.
Maslow and M&G team up for property development finance plays
Specialist real estate lender Maslow Capital has signed a funding agreement with finance heavyweight M&G Investments.
Century backs super-prime renovation project in Belgravia
Lender notches up its largest deal of the year, structuring a £9m gross facility to fund the renovation of ‘one of the most significant homes in Belgravia’
Foreign Office warns of ‘Magnitsky-style sanctions’ on Chinese individuals
Sanctions against individuals following China's antics in Hong Kong could involve high-value property assets in the UK.
Government review pitches £14bn CGT hike, potentially doubling rates for second-home owners
There are "a range of areas in which Capital Gains Tax is counter-intuitive and creates odd incentives", says the Office of Tax Simplification in a comprehensive review of the CGT regime.
Oaknorth backs boutique resi schemes in Hampstead & Surrey
£7m and £6.55m loans deployed to help firms with both sales and development.
Mortgage approvals climb to highest level since 2007
The latest Bank of England figures show a continued increase in mortgage lending since the Spring Coronavirus lockdown.
Industry heavyweights urge Chancellor to extend the Stamp Duty holiday
A raft of property industry players have penned an open letter to Chancellor Rishi Sunak, entreating him to extend the Stamp Duty holiday for another six months, and taper the end to avoid a "cliff-edge"…
Super-prime developer launches a ‘buy now pay later’ scheme for London trophy mansions
Billionares and millionaires have been asking to rent K10 Group's super-mansions - including the £75m Amberwood House in Knightsbridge and the £30m Culross House in Mayfair - prompting the developer…
Briefing Note: Securities-based lending for HNWIs
"Securities-based lending can be an exceptionally useful tool in the mortgage process for high net worth individuals," writes Enness boss Islay Robinson.
New chief for trade body UK Finance
Former Barclays and Lloyds heavyweight to join banking lobby body, replacing Stephen Jones.
Johnson vows to turn ‘generation rent into generation buy’ in ‘the biggest expansion of home ownership since the 1980s’
Prime Minister pitches fixed-rate mortgages of up to 95% loan-to-value for first time buyers.