Finance
Top Swiss private bank turns to direct real estate investments
Pictet Group has launched a new fund to invest in property assets - including residential - across Europe; Starwood's Zsolt Kohalmi has been recruited to run the show.
Westcombe secures £16.7m for West London resi projects
Family-run developer will use capital from OakNorth Bank to fund two resi schemes, in Isleworth and Northwood.
The number of £2m+ homes owned by companies has fallen by 10%
Tax changes have pushed more owners to de-envelope properties, says Boodle Hatfield.
Average mortgage payments as a proportion of income have dropped from 43% in 2008 to 31% in 2018
'Owning a home with a mortgage now more affordable than 10 years ago', according to mortgage firm Private Finance, despite house prices soaring by 29%.
High-end property crowdfunding platform looks for investment
Luxury property crowdfunding platform Capitalrise is listing itself on investment platform Seedrs.
Surveying the shape of Britain’s development finance market in 2019
'If the figures add up, there is finance available', says Enness Group's CEO Islay Robinson - despite current economic uncertainty and the UK's development finance scene having seen some big shifts in…
Home-mover & buy-to-let lending falls as remortgaging booms
10.8% more homeowner remortgages were completed in 2018 than in 2017, says UK Finance, while 11.5% fewer new buy-to-let and 1.9% fewer new home-mover mortgages went through.
Wealth taxes are back in fashion – but they’re still a terrible idea
'There is simply no escaping the fact that wealth is far more difficult to tax than income,' argues Jan Zeber in The Spectator.
Crime Agency freezes accounts of student who paid £390k up-front to rent a Knightsbridge penthouse
Unexplained Wealth Order looms for 22-year-old who paid £1,000-a-day for student digs on Cadogan Square.
Tuscan moves home ‘to help facilitate long-term growth plans’
One-year-old property finance team moves to Grosvenor Gardens
Mortgage lending ‘defies seasonal trends’ to rise in December
2018's total gross mortgage lending was nearly 4% higher than the previous year
Bridging loans became much more widespread, and a fair bit cheaper, in 2018
New data and a broker survey indicate growing demand for short-term property finance