Finance
Foreign investment quota plans rejected in House of Lords
A controversial proposal to introduce a limit on overseas property sales was unceremoniously shot down in the House of Lords last week.
Lord Bradshaw
Fund buys Old Brompton Road scheme for £25m
Cordea Savills has snapped up a tasty-looking new asset on behalf of its Prime London Residential Development Fund.
90% of developers believe the resi profits are outside of London this year
Nine out of ten residential developers think that the biggest profit opportunities this year are in the regions, rather than in Greater London, according to a survey by Regentsmead.
Peer-to-peer resi lender breaches £50m mark
Specialist property peer-to-peer lender LendInvest - which claims the title of first peer-to-peer lending platform specifically for residential and commercial mortgages - has now funded over £50m of property…
International interest cools as PCL begins to look fully priced – Hamptons
UK buyers are snapping up the lion's share of properties in the capital, according to Hamptons International's latest findings, with domestic purchasers accounting for 77% of all sales across the firm's…
Required Reading: Principal Private Residence Relief
From 6th April, homeowners who move out before sale may face an unexpected tax bill, explains Jenny Wilson-Smith...
Quick Sail? Consequences of this change won't be limited to second home-owners though...
Thurloe Estate snapped up for £100m
The Thurloe Estate - a swathe of prime in between South Ken and Sloane Square - has been snapped up by a joint partnership between Ivanhoé Cambridge, affiliates of Apollo Global Management and Bruce…
New Guernsey HQ for Triangle Group
Investment, development and asset management outfit Triangle Group has set up a new HQ in the Channel Islands.
Behind the Headline Figures: Evaluating range and volatility in the London market
The Prime Central London property market is complex, but its volatility in values offers investors the ability to make greater returns than other London markets, says acquisition firm Huntly Hooper...
96% of borrowers went fixed rate in Feb
96% of mortgages applied for in February were for fixed rate set-ups - a record high proportion - according to stats from independent broker the Mortgage Advice Bureau.
A Tale of 300 Cities: JLL launches global city comparison site
"The old order has gone," proclaims JLL. "Whereas 10 years ago there were 100 cities on the investor’s radar, now there are 300, and over 600 routinely enquired about by corporates.
Niche development finance firm launches in Surrey
A new development finance provider, catering specifically for developers of top end residences in the most expensive bits of Surrey, has just opened its doors in Leatherhead.
Harry Turnball