Finance
Luxury asset lender enters the prime resi arena
An online platform that lets people borrow cash by putting their luxury assets up as collateral is apparently poised to make a "big splash" in the prime and super-prime resi sector.
High Performance: Classic car trumps country estate and UK resi as best investment
The classic car has come out top of the asset classes again this year, but the country estate has now moved into second position.
Rise of the Renters: Yields tighten as PRS sector blooms
Regional cities outside of London have been the driving force in a significant lift in the number of households in the private rented sector (PRS) over the last decade, says Knight Frank, but yields across…
GB household property debt hits £1 trillion
Total household property debt was estimated to be £1 trillion in 2010 to 2012, up from £980 billion in 2008 to 2010, according to a new report from the ONS.
Strutt & Parker launches real estate finance service
Strutt & Parker has joined forces with an independent capital advisory firm to provide a "one stop shop" for investors.
Singapore’s Oxley takes a 20% stake in London’s Galliard for £50m
Major Singaporean property developer Oxley Holdings (the outfit behind East London's 37-acre Royal Wharf scheme) has bought into London's biggest privately-owned residential developer Galliard Group to…
OBR cuts 2020 house price forecasts by 5% – but the Budget won’t affect the market
The Office of Budget Responsibility has revised its medium-term forecasts for the property market down by 5% to +34.1% by Q1 2020, but not as a result of yesterday's Budget.
In real terms, that's a +13.
#Budget2015: Permanent Non Dom status abolished; IHT threshold raised; BtL relief restricted
"We have to move Britain from a low-wage, high-tax, high-welfare society to a higher-wage, lower-tax, lower-welfare economy," said Chancellor George (four times) as he delivered a very Conservative Budget;
Government pledges £100m investment fund to support small builders
Housing Minister Brandon Lewis has promised to hand out £100m to small builders (who deliver 10-100 units a year) to "recognise and support their important role in keeping the country building."
The Blue Budget: Prime property’s wants, needs and expectations
There's a palpable sense of positivity in the high-value property industry about this week's "Blue Budget." Well, more so than usual for a Budget week.
On Borrowed Prime: The five biggest challenges facing HNW borrowers
The high net worth mortgage market can be a tricksy place, difficult to navigate and often frustrating for would-be borrowers who can clearly afford the sums, but struggle to fit into neat boxes.
Tax & Benefits: How the system cuts the income gap between richest and poorest from 15x to 4x
“The rich are making the biggest contribution” is the default Tory position on wealth taxes, oft repeated in and around Budget times.