Finance
LendInvest raises another £30.5m
Skype founder amongst backers as fintech star beefs up its balance sheet
London loses its crown as the world’s No.1 financial centre
New York re-claims the top spot, but Asian hubs are catching up fast according to the 24th Z/Yen Global Financial Centres Index
Remortgaging market sees strongest July in a decade – UK Finance
23% more home-owners remortgaged in July compared to the same month last year, but the number of home-mover mortgages dropped by nearly 4%
Government partners with Barclays on £1bn housing development fund
£1bn Housing Delivery Fund is offering development finance loans of £5m-£100m to experienced house-builders
Ranked: Britain’s top-rated mortgage lenders
Which? asked 3,500 home-owners to assess their mortgage provider
London Belgravia Brokers joins forces with Arc & Co
'Strategic allience' promises new end-to-end offering for prime resi developers
Lenders clamour to finance Grosvenor’s £250m private placement
Grosvenor Britain & Ireland raises £250m from seven lenders
Digital lender to supercharge growth after closing $100m funding round
UK-based OakNorth has already doubled its loan book from $1.1bn to $2.2bn since the start of the year
Briefing: UK non-residents to be taxed on gains from UK land
Mishcon de Reya's Jonathan Legg discusses the implications and uncertainties of new rules on the taxation of gains from UK land for non-residents, which came into play in July
London remortgaging activity reaches a nine-year high
8% fewer home-mover mortgages for were agreed in Q2 this year compared to last, while 17% more home-owners refinanced their existing properties
New resi investment platform reports ‘an incredible milestone’ a month after launching
Shares in the first investment opportunity from Fink-backed British Pearl have sold out, but the property is still only two-thirds funded after a month on the platform
Cain International pumps £400m into Fortwell Capital
Investment giant acquires majority stake in real estate lender to fund ambitious expansion strategy; deal marks one of the biggest cash injections into a UK alternative real estate finance firm, fund o…