Finance
PCL investors to swerve SDLT surcharge by ‘going large’
Buying agency Black Brick has reported a "flurry of activity" from investors since George Osborne announced the new stamp duty surcharge on buy-to-let and second homes.
LaSalle splurges £55m on first UK PRS fund acquisitions
LaSalle Investment Management has completed the first two direct investments for its UK Private Residential Fund, buying-up 270 purpose-built residential units in Leeds and London for £55m.
‘Most prime developments underinsured for loss of deposit’ says broker
A "groundbreaking" new insurance product has been launched for developers undertaking prime and large-scale projects, which could have a big impact on the way such schemes are covered.
London loses top ten European property investment ranking; now behind Istanbul & Budapest
London has tumbled out of the top ten European cities for real estate investment prospects, according to a new report from PwC and the Urban Land Institute.
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.
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…
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.