Finance
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.
The rise of resi, Asia’s ‘flight to safety’ and other global real estate megatrends
Residential property is "moving out of the public or semi-public sector and specialist investor/developer ambit, and into the mainstream," and the movement of capital from East to West is likely to remain…
Property crowdfunding start-up launches £1m prime London offer
A property crowdfunding start-up has launched its first prime resi offer, giving small-scale investors the opportunity to get in on a £1m new-build apartment in Fulham.
Canburg recruits Linley man to head up prime developments drive
Canburg, the owner of Smallbone of Devizes and Mark Wilkinson Furniture, has hired Iain O’Mahony from Linley as a Director for Prime Developments for London, Europe, Middle East and Africa.
Berkeley Alexander rolls out HNW insurance service
General insurance provider Berkeley Alexander has launched a new High Net Worth Service, offering advisors access to four of the UK's top specialist HNW insurers.
Mortgage lending drops in London
Lending in London tailed off in 2014's Q4 says the Council of Mortgage Lenders, as the levels of both house purchase and remortgage lending fell both year-on-year and quarter-on-quarter.