Finance
Cain International pumps £400m into Fortwell Capital
Investment giant acquires majority stake in real estate lender to fund ambitious expansion strategy;
Mortgage arrears hit ‘an all-time historic low’
The number of both homeowner and buy-to-let mortgages in arrears has fallen compared to last year
Bank of England raises interest rates for only the second time in a decade
The Monetary Policy Committee has voted unanimously to raise interest rates from 0.5% to 0.75%
Holiday home tax loophole is ‘a scandal’, says Colliers
The current system allows many second home owners to avoid both council tax and business rates
What real impact would a public register of beneficial owners have on the UK property sector?
The new draft Bill promises more transparency in the UK property industry, but will it cause headaches for estate agents, solicitors and developers - and will it put off overseas investors?
KKR & Urban Exposure partner up to finance mainstream resi development projects
The new joint venture has an initial pot of £165m to lend to residential development projects across the UK
‘Significant’ rise in down-valuations, say mortgage advisors & agents
'Surveyors are prophesying a crash' warns Emoov boss, picking up on a trend for down-valuations noted by Coutts back in April
Beneficial Ownership Register to be enforced with five-year jail sentences & unlimited fines
Draft legislation to bring in 'the world’s first public register of overseas entities’ beneficial ownership' has gone before Parliament, promising real teeth in the battle against 'dirty money' in…
Ranked: The UK’s biggest mortgage lenders
Specialist lenders and 'challenger banks' are growing much faster than traditional property finance providers
Coronado secures £15.3m loan for luxury Wimbledon Village scheme
OakNorth helps fund completion and extended marketing for seven-unit townhouse project
Property & finance heavyweights back new resi investment platform
Hedge fund maven Lord Fink announces that he is "backing UK property ... despite the doom-laden predictions that are being mooted because of Brexit"
Mortgage lenders see a ‘pre-Summer boost’
But new buy-to-let lending has fallen by over 20% year-on-year