Finance
Management buyout at Candy’s Fortwell Capital
Dan Smith and Arthur Jennings take over CPC Group’s property finance house
Martin’s secures £40m for portfolio expansion
Martin’s Properties has done a £40m refinancing deal with Aviva Investors, promising 'a new chapter' for the business
New CGT rules ‘could create a cashflow & compliance nightmare’ for property owners
HMRC proposes a 30-day payment window for Capital Gains Tax payments, and more admin
Londoners paid four times more stamp duty than the national average last year
The most expensive 10% of properties contributed around 60% of all Stamp Duty receipts last year, reports LCP
SMEs hold the key for upbeat bridging lenders
Over three-quarters of Association of Short Term Lenders members expecting a turnover boost in Q2
The number of ‘enveloped’ homes has fallen by 22%
ATED receipts are down, despite rate rises and a broadening of thresholds
Government launches inquiry into ‘dirty money’ in London property
The Treasury steps up its focus on Russian money laundering in the London property market
Prime Dining: Tuscan Capital’s Colin Sanders on the Candys, cod roe & compassionate property finance
Property lawyer and food writer Nicky Richmond grills Tuscan Capital founder Colin Sanders over lunch at The Coach in Clerkenwell
London keeps its place as the world’s top financial centre – just
'There is an overall increase in confidence for the leading centres', reports Y/Zen in its latest Global Financial Centres Index
Mortgage approvals for house purchases have dropped by nearly 11%
But remortgaging approvals have climbed by nearly the same amount as homeowners look to 'lock-in attractive deals' before rates rise
Octopus hits £3bn milestone after record lending spell
Specialist property lender has splashed £1bn in the last 18 months
HMRC & ASA shut down Stamp Duty avoidance scheme
Anyone found to be using the scheme - promoted by Fiducia Wealth & Tax - will 'be challenged by HMRC and will be charged interest on top of the SDLT due'