Finance
Grosvenor raises £210m of debt for Belgravia spending
Sounds like there's a prime spending spree in the offing; Grosvenor has raised £210m of unsecured long term debt to "help finance forthcoming investment in Belgravia.
Northacre to raise £12.5m through open share offer and Cash Box acquisition
Prime developer Northacre is planning to raise around £12.5m through a £4.1
Osbo’s Autumn Statement: Thought bubbles
George Osborne is limbering up right now to deliver his Autumn Statement on the second biggest day of the financial calendar. We'll be covering the relevant bits from 11.15
“Fiscally Neutral” Autumn Statement introduces CGT for overseas buyers
Stretching the definitions of "Autumn", the Chancellor has just delivered his annual Autumn Statement
Autumn Statement: The property industry reacts
It hasn't taken long for the prime property industry to wade in with opinions on the Autumn Statement. Here be some lively thoughts on capital gains tax and more..
The five “worst” property investment markets of 2013
Bringing a whole new meaning to the phrase "kick 'em when they're down", Greece has been named "Worst Property Market of 2013"
Santander overhauls mortgage ops
Santander is creating a whole new division to take care of mortgages, appointing Miguel Sard to run the lending business (all subject to FCA approval)
Scheme Stealers: Will the Funding for Lending rejig affect mortgage rates?
Will the premature curtailment of the Funding for Lending Scheme put pressure on the Banks and Building Societies to push up mortgage rates? Any increases will have more to do with commercial opportunism…
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
House prices to rise by 5.7% next year as bubble-talk splits opinion – Reuters
House prices will carry on upwards over the next two years, but it's anyone's guess as to whether the Bank of England can "restrain the market if it overheats", according to a poll of 22 top economists…
“Game changing” Crossrail to add 13% to house prices – CBRE
Europe’s biggest infrastructure project - London's Crossrail - will have a "two-fold" effect on property, opening up new districts and causing house prices along its route to rise by 13% (£60,000) by th…
Required Reading: UK Capital Gains tax for non-residents?
There has been recent speculation that non-residents might have to start paying UK capital gains tax (CGT) on their UK property..