Finance
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.
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.
Modi visit ‘to re-ignite Indian investment into London’s property market’
£9.2bn-worth of property deals - mainly commercial - are reported to have been agreed between the UK and India following Indian Prime Minister Narendra Modi's recent visit to Blighty.
Autumn Statement: New higher SDLT rate for buy-to-let and second homes
George Osborne's third pop at the country's finances this year saw housing - or the "crisis of home ownership" - near the top of the bill.
CML and Which? launch standardised mortgage fee format
The Council of Mortgage Lenders and Which?
US giant signs up with HNW mortgage broker for UK launch
Coldwell Banker's new UK arm, led by Vic Pegna, has signed an exclusive preferred supplier agreement with independent mortgage broker John Charcol.