Finance
Warren Buffett’s prime London estate agency launches property finance business
Berkshire Hathaway HomeServices Kay & Co has teamed up with mortgage brokers John East and David Longhurst to launch Connaught Private Finance.
Fortwell funds west London scheme with £15m loan
Development facility marks the firm's first resi construction loan in London since 2016
Hilltop provides £2.6m loan for Hexham resi development project
Hilltop Credit Partners makes its first SME development loan, backing a heritage office-to-resi conversion by The Morton Group in Northumberland
Javid confirms Budget 2020 date: Wednesday 11th March
The new Government's first Budget will be delivered on 11th March 2020; it will "usher in a decade of renewal" says Chancellor Sajid Javid.
Meyer Bergman joins forces with CC Land for £1.25bn Whiteleys scheme
Meyer Bergman and CC Land have formed a joint venture to bring forward the ambitious reinvention of the Bayswater landmark, with additional backing from Apollo.
Industry body names new mortgage chief
RBS' Lloyd Cochrane is to be the new chair of UK Finance's Mortgages Product & Service Board, replacing Richard Rowntree
Mortgage mis-selling ‘could be the next PPI’
Legal cases are being brought against mortgage brokers who allegedly "mis-sold" interest-only products; potential compensation payouts could run to "billions"...
Mega-mortgages hit five-year high
185 residential mortgages for £5m or more were dished out in the last 12 months across the UK, with a combined value of £1.8bn
UK Sotheby’s Realty to ‘explore tokenisation’ of two luxury properties
UK Sotheby’s International Realty has partnered with PropTech platform Smartlands to look into blockchain-powered fractional ownership options for a London penthouse and a Greek villa.
Meyer Bergman’s VC arm backs CapitalRise
Luxury property crowdfunding platform CapitalRise has secured a £1m equity investment from Meyer Bergman's Revolt Ventures
HSBC reveals plans to double its UK mortgage business
Lender's expansion plan could trigger a mortgage price war
Election 2019: What a Labour government might do to property & wealth taxes
There's no 2019 election manifesto yet, but Mishcon de Reya has summarised everything that Jeremy Corbyn's Labour Party has proposed about property and wealth-related taxation over the last few years…