The average price of a home in the UK rose by 8.2 per cent between April 2020 and April 2021, according to the latest Halifax House Price Index. The monthly index, which was published yesterday, showed that the average price of a UK home had increased 1.4 per cent...
Commercial finance broker Commercial Expert has completed a £500k financing deal for a new-build buy-to-let portfolio after a period of patience and diligence. The company said that its investment in new-build apartments had been challenging...
Output volumes for the UK’s construction have been rising steadily, according to statistics from IHS Markit. The figures, which were released just before the weekend, showed that the rise in overall new orders was the fastest rise since September 2014. However, this...
PA Housing has issued a £400m, fifteen-year bond using its sustainable funding approach, supported by Lloyds Bank and Barclays. The funds will be used to help deliver the 23,000-home housing association’s business plan, including...
The Bank of England’s Monetary Policy Committee has voted unanimously to maintain interest rates at 0.1 per cent. The move, a result of the central bank’s meeting on Wednesday, was accompanied by the prediction of a recovery much stronger than previously thought. In a...
Bellway London has delivered a funding boost for local communities across the capital through financial investment of almost £60m since 2018. Significant growth has led to the housebuilder successfully delivering 14 new developments across London in that time, with...
M&G Investments has announced its first real estate loan in Sweden through its provision of SEK 700,000,000 (circa. £60 million) to Logistri Fastighets. Logistri Fastighets owns, develops and manages commercial warehouse and light industrial...
The number of mortgages being approved, and their value, indicates that the UK’s housing market is recovering as the nation begins to approach a post-pandemic world, according to new statistics from the Bank of England. Released yesterday, the central bank’s ‘Money...
Redwood Bank has helped Resolv Property acquire 91 homes through auction. The bank was approached when the property developers were given the opportunity to acquire a portfolio of properties through Ross Harper of National Property Auctions. The 91 properties included...
Some neighbours of ours moved out recently. It was nothing to do with us, even though I did introduce myself to them when they moved in with the words, “Hey, asshole.” Long story, but it was deserved. But they lived in the apartment next to ours in Berlin and when...
