Finance
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…
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...
Housing optimism hits new (but not that high) heights
Consumers' perceptions of the UK property market continue to get ever-more rosy - but are still generally morose - according to the latest sentiment survey from Lloyds Bank.
Battersea Power Station bags £790m in development finance
In one of the biggest property finance deals of the year, Battersea Power Station's development manager has closed on £790.2m in syndicated development and land financing facilities.
Mortgage lending hits five-year high on the back of “overwhelmingly positive” economic news
"We do not expect the Bank of England to move quickly to raise interest rates, once the UK passes the 7% unemployment threshold," says the Council of Mortgage Lenders, as "housing activity is set to strengthen…
Autumn Statement date set for 5th December
We all know that Christmas gets earlier every year, but that Autumn happens in December is news to us;
Resi construction credit crunch “far from over” as lending shrinks 10% in five months
Lending for residential property construction has dropped by 42% over the last three years, and by 10% since Help to Buy launched in April, according to law firm EMW.
Octopus buys Dragonfly
Jonathan Samuel's short-term lending business Dragonfly Property Finance has been bought-up by Octopus Capital Ltd, the holding company of Octopus Investments Ltd, for an undisclosed amount.
Credit Suisse gives Foxtons shares the thumbs up as sales revenue climbs 28%
Foxtons shares are pricey compared to other property floaters, but that's only right and fair say finance analysts.
50% of all prime London homes now worth over £1m – Marsh & Parsons
Over half of the homes in London's prime postcodes are now worth more than a million quid, according to Marsh & Parsons' latest calculations.
That's a rise of 8% on this time last year and 6% since January.
Peer-to-peer property lender pays out
The first "live and trading" mortgage-specific peer-to-peer lending platform, LendInvest, seems to doing pretty well having just repaid some of its first investors in full, and totting up over £8.