Finance
Mortgage lending jumps by 30%, but still “a far cry” from 2007 levels
There was an estimated £17 billion of gross mortgage lending in November, according to the Council of Mortgage Lenders. This was 4% lower than October's figure of £17.
Capital’s capital growth doubles to 12.6% in 2013 – Cluttons
After capital value growth of +3% in 2013's final quarter, taking the annual rise to +12.6%, the average property in prime central London is now worth £1.
Hey Big Lender: Development finance landscape looking rosy – Knight Frank
The majority of lenders plan to up their funding of residential development funding over the next 12 months, continuing 2013's shift towards being more ready with the readies.
Prophet & Loss: The difficult business of property market forecasting
Why did so many commentators and analysts get it wrong this year? Perhaps we still don't fully understand the strength of the forces behind the price growth we've been witnessing, says Camilla Dell...
English Rose partners with Topland on Strand office-to-resi scheme
English Rose Estates, which bought 406-408 Strand for £11.625m back in October, has made the 13-unit scheme into a joint venture with Sol Zakay's Topland Group.
Duke of Westminster surrenders property rich list crown
After a good ten years at the top, the Duke of Westminster is no longer the richest investor in UK property.
Cluttons changes its colours as part of “profound” agency reboot
250-year-old estate agency Cluttons is completely overhauling its brand, launching a modern blue new look as of 12th February 2014 as "a public demonstration of the profound changes which are transforming…
“Unbridled housing boom” is unlikely in 2014 – CML
The housing and mortgage markets are likely to carry on getting busier in 2014, according to the latest forecasts from the Council of Mortgage Lenders, but the CML "sees an unbridled housing boom as…
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.
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...
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.