Finance
‘Game-changing’ property stock exchange gains FCA approval
The International Property Securities Exchange (IPSX) allows commercial real estate assets to be traded as shares; first IPOs are expected at the end of Q1
Strawberry Star gets £83m for Luton commuter development
Urban Exposure has made a chunky loan to fund construction works at Strawberry Star's 785-unit "Lu2on" scheme
LendInvest ends the year on a high note
December was a record month for the online lender, with over £80m dished out to pro property investors, developers and landlords
Urban Exposure reports a £3.1m loss
Development finance firm has committed to £168.4m of loans since it floated in May
P2P property lender Blend Network secures £10m backing
Big-name investors pile into fledgling operation with a focus on regional hotspots
HMRC fines for money laundering ‘more than double in a year’
The average fine for money laundering breaches is now £3,448 - seven times higher than it was two year ago.
Gilsenan steps up to Iron Bridge board
Former Fortwell man takes on director role at London-based development lender
Belvoir builds finance offering with £3.6m MAB acquisition
Franchised property firm now accounts for 10% of the Mortgage Advice Bureau's total mortgage adviser base
CPC-backed developer takes on First Base’s major Earlsfield scheme
A JV between Orlandis Capital and property developers Chris Mason and Raj Sond acquired the "Wandle Terrace" site in September, and has now secured a £40m development loan from OakNorth
New recruits for high-flying Century Capital
Mayfair-based bridging lender lands a new business development manager and marketing chief, and makes its first foray into airport finance...
Super-prime developer looks to crowdfund £1.5m for a new St. George’s Hill mansion
Crowdfunding platform CapitalRise opens investment on a £1.5m bridging loan for a 14,000 square foot new-build house in Weybridge
Mortgage market chills as lending numbers drop
September saw fewer home-mover, first-time buyer and buy-to-let mortgages agreed compared to the same month last year, says UK Finance