Finance
Cash Out: Mortgages on £1m+ homes double as seven figures becomes the new normal
Mortgages for homes over £1m are now at their highest level in ten years, says Hamptons International, as seven-figure properties are "no longer just for the super-wealthy".
LendInvest development finance team completing a deal a week
LendInvest's new development finance division has written 14 deals in its first four months, ranging from £400k right up to £10m.
Agency tie-ups pay off for Private Finance
Fitzrovia-based mortgage broker Private Finance, which has tie-ups with national agencies Carter Jonas and Strutt & Parker, is going on another recruitment drive after reporting 40% year-on-year growth…
Octopus launches new peer-to-peer lending platform
Octopus Investments - the firm behind Dragonfly Property Finance, Property Partner, and which back Zoopla - is rolling out a new breed of peer-to-peer lending platform aimed at financial advisors.
Mortgage lenders vote to create financial services uber trade association
Members of the Council of Mortgage Lenders have voted in favour of a proposal to create a new uber trade association for financial services firms.
Why the Panama Papers’ legacy of tax avoidance began with Blair & Brown
Morality aside, who can blame the world's super-rich from heading to London and taking advantage of legal tax efficiencies, asks William Cash
House prices have risen by 47,000% during the Queen’s lifetime
To mark and show respect for Her Majesty the Queen's 90th birthday on 21st April, estate agency Jackson-Stops & Staff has worked out that house prices have risen by 47,000% during her lifetime.
Cogress raises £8m in 22 days
Alternative investment outfit Cogress has raised £8m in a mere 22 days after completing a £3.9m investment for a mixed-use scheme in north London.
London & New York compete for UAE HNWI private capital
Big-spending high net worth individuals (HNWIs) in the UAE currently see London as the top global destination for real estate investment, according to new findings from Cluttons and YouGov.
Ingenious Real Estate and Mount Audley team up for £50m JV
Ingenious Real Estate, the property arm of a firm that backs everything from BAFTA winners, blockbuster films and Teletubbies to solar farms, has teamed up with property developer Mount Audley to launch…
Chestertons lands Blackfish founder as new director of Resi Development
Chestertons has brought Robert Pearce on board to run its burgeoning Resi Development and Investment division.
Bank lending to UK property developers ‘collapses’
Bank lending to property developers has halved over the last couple of years and it's stopping firms from starting new projects.