Finance
Super-fast £3m bridge sets up £40m Mayfair mansion scheme
A luxury £40m residence is to be created in the midst of Mayfair after a BVI-based company secured a multi-million pound bridging loan in double-quick time.
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SPF launches high-value new-build division
Mortgage broker SPF Private Clients is launching a new division to specialise in mortgages for high-value new-build homes.
Three predictions for the mortgage market in 2016
Most of the big estate agents have had their say on what's in the tea leaves for 2016, but here's how independent broker Private Finance sees the UK mortgage market panning out over the next twelve mo…
Spink inks funding deal for new Knightsbridge project
Topland is making good on its promise to keep lending on London's prime resi projects.
Topland backs £30m project in Mayfair
Sol Zakay's Topland Group has stumped up £12m in acquisition and development finance to an overseas-based HNWI planning a super-prime resi development in Mayfair.
Massive fall in UK ‘investor’ visa applications after threshold hike
If the government was hoping to put a stop to wealthy foreigners investing in the UK, then raising the minimum threshold on investor visas from £1m to £2m may have just done the trick.
Large-scale build-to-rent investment ‘to triple by 2020’ – Knight Frank
"The face of the Private Rented Sector is changing rapidly," says Knight Frank, as large-scale investors go big on the now-established asset class
LendInvest recruits RBS man to run new development finance division
Peer-to-peer lending platform LendInvest has recruited RBS real estate veteran Steve Larkin to manage its new Development Finance offering.
Number of £500k+ stamp duty bills in prime London rockets by 64%
High value property transactions have slumped in the last year, as a major reform of the stamp duty system significantly upped the cost of moving at the £1m+ level. 12
Buy-to-Let Stamp Duty: What the new surcharge means for the property market
After George Osborne used his Autumn Statement to drop a surprise bombshell on the property investment sector, tacking an extra 3% SDLT levy on second homes and buy-to-let properties, Savills has produced…
LendInvest ‘now backing 1% of all privately developed homes in the UK’
Online property investment platform LendInvest is claiming to have backed 1% of the privately built homes in the UK this year.
Required Reading: A full briefing on the Autumn Statement and Spending Review
From the headlines to the fine print, here's Mishcon de Reya's comprehensive briefing on what 2015's combined Autumn Statement and Spending Review means for high net worth individuals and business owners.