Finance
deVere launches standalone mortgage arm to meet ‘soaring expat demand’
Gert big financial services consultancy deVere Group has just unveiled a new standalone mortgage brand for the UK - deVere Mortgages - to meet 'soaring' demand from overseas-based clients.
Omni and Prime to transform Chiswick office block
Omni Capital and Prime City have paired up to transform an old office building in Chiswick into 19 luxury apartments.
G&T tees up Bloomsbury project with £13.6m refinancing deal
Top end developer G&T has secured a £13.6m senior refinancing loan for its John Street scheme in the middle of Bloomsbury.
New Scottish property tax bands hit the prime market, but create ‘more winners than losers’
Scotland's Finance Secretary John Swinney has set out the new-look detail for the new Land and Buildings Transaction Tax (LBTT), which is lined up to replace SDLT in Scotland from April this year.
Former D&G boss to lead Lomond Capital’s charge south
Ivor Dickinson joins Northern property investment firm with Southern ambitions
Broker Homes: More developers turning to brokers to source finance
88% of development finance brokers are reporting that developers have approached them in the last 12 months because they had been refused funding from the lender with which they would usually work, says…
Swiss Please: Currency windfall drives ‘overnight’ surge of investors to London
Last week's surprise removal of the EURCHF floor and another cut in the deposit rate has already driven a surge of enquiries from Switzerland's wealthocracy looking to shift assets to Blighty, say property…
Investment firm to hold ‘Property Dragons’ event
Details have emerged of a "Property Dragons Meeting" being held at The Savoy later this month.
80% of units in four new developments ‘sold to foreign buyers’
In the latest twist in the whole "squeezed out" debate, reports have claimed that 80% of the units in a series of new Thameside developments have been bought up by foreign purchasers.
HSBC injects £165m development facility to Barts Square
Helical Bar has secured a new £165m revolving credit facility for its Barts Square scheme in the City of London.
The moneys, provided by HSBC at an all-inclusive 3.
Dragonfly makes regional lending play
Property-focused short-and-medium-term lender Dragonfly has hired a Regional Business Development Manager to boost its capability outside of London and the South East.
UK’s bridging loan market triples in under four years
When provider West One started charting the scale of the UK's bridging loan market in 2011, gross annual lending of this type stood at a mere £0.8bn;