Finance
ATED receipts tumble as property owners de-envelope & relief claims escalate
Westminster and Kensington & Chelsea provided nearly three-quarters (73%) of all receipts from the Annual Tax on Enveloped Dwellings in 2017-18
Britain’s wealthiest pay half the IHT rate of smaller estates
'Some aspects of inheritance tax are ripe for reform', argues a wealth management firm after discovering that £10m+ estates tend to pay half the effective rate of smaller inheritances
Mortgage approvals dip – but not by as much as some thought
Data mix-up at UK Finance causes dramatic but erroneous 'six-year low' headlines.
Fortwell goes on a lending spree in Manchester & Birmingham
Property finance firm has lent £31m and £55m to fund two major resi schemes in key regional cities.
CapitalRise smashes crowdfunding target
Over 500 investors have backed the luxury property crowdfunding platform, raising nearly £2m to "accelerate expansion"
Oaknorth triples profits
Challenger bank claims to have bankrolled the creation of 10,000 new homes since it launched in 2015.
12% of HNWIs ‘have been turned down for a mortgage’ in the last ten years
New research by Butterfield Mortgages lambasts 'tick box' methods of high street lenders
Mortgage lending is ‘off to a strong start’ in 2019
The latest monthly update from UK Finance indicates that more home-movers and first-time buyers were active in the mortgage market in January this year compared to last.
Brookfield takes a majority stake in Oaktree
Major real estate investors combine forces in $4.7bn deal.
Surveying the state of the buy-to-let finance market
Buy-to-let investors need to be more pro-active than ever in order to get the most out of a property portfolio, writes Islay Robinson, CEO of Enness Group, in an in-depth survey of the UK's BtL scene.
‘Exceptional uplift in client demand’ prompts property finance firm to boost HNW team
One77 Mortgages has expanded its in-house high net worth and specialist lending team.
Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.