Finance
Capco & TfL complete JV
The transformation of Earls Court took another step forward yesterday with news of the completion of the Earls Court Partnership Limited, the investment vehicle set up by Capco and TfL.
Peer-to-peer mortgage lender backs developer-centric property portal
The world’s biggest peer-to-peer mortgage platform, LendInvest, has announced a "strategic alliance" Plentific.com, a property portal aimed at the renovation/investment/development market.
Loan Stars: West One hits £80m in Q1
Short term lender West One Loans has reported a pretty big start to the year.
Crib Sheet: Scotland’s new Land and Buildings Transactions Tax
On the 21st of January 2015 the Deputy First Minister confirmed to the Scottish Parliament that the tax rates on residential property had been reviewed and revised.
Brighton’s Hanningtons Estate ‘a snip’ at £50m
A significant chunk of Brighton's old town has been put up for sale.
The former Hanningtons Department store in Brighton
Montello Capital recruits new Managing Director
Real estate fund manager Montello Capital Management has hired a Senior Director of CBRE Capital Advisors to fill its Managing Director slot.
Receding rate rise risk lures borrowers to variable deals
More mortgage borrowers are opting for variable rates that at any time since Nov 2012, as the chances of the Bank of England hiking interest rates anytime soon slips back.
Building Bridges: £50m in bridging loans issued per week as sector ‘rides to the rescue’
Nearly £50m-worth of bridging loans are being dished out each week as the sector posts annual growth of 24%, according to West One's Bridging Index.
£2m+ SDLT share to soar to 30% of total revenues – OBR
£2m+ home sales are likely to account for 30% of total SDLT receipts in 2015-16, up from 17% in 2013-14 because of the Autumn Statement's reforms, according to the Office for Budget Responsibility (OBR).
Cheap Rate: Low mortgage rates mean ‘there are deals to be made’ at the top end
"Borrowers can now snap up some of the lowest mortgage rates on record," says Hamptons, and it's the top-end of the market that's seeing the benefit.
Government updates development appraisal tool
The Homes & Communities Agency's free development appraisal tool - a site specific cashflow spreadsheet that assesses the viability of a scheme - has been updated to a newer, shinier version.
How will Australia’s foreign investment clampdown affect its residential property market?
Under pressure to cool a soaring housing market, the Australian government's proposed clampdown on foreign property buyers has raised a few eyebrows around the world.