£1.07m bridge secures care home refinance for Bristol and Wales sites
Recognise Bank has completed a £1.07m bridging loan to support the refinance of two care homes in Bristol and Wales. The owners of the two care homes needed a short-term…
Close Brothers backs £120m Leicestershire development
Close Brothers Property Finance has provided development finance for the fourth and final phase of a £120m GDV scheme in Lutterworth, Leicestershire, delivered by Mulberry Homes. Kingsbury Park marks the…
77-property portfolio refinance delivers £280,000 saving
Paragon Bank has supported the refinance of a complex 77-property portfolio through its Multi-Property Portfolio proposition, with the deal expected to deliver savings of approximately £280,000 over five years. The…
U.S. Foreclosures Are Back: Homes Selling at a 27 Percent Discount
Email Sign Up For Our Free Weekly Newsletter The era of ultra-low mortgage rates may be over, but a new opportunity is emerging for buyers willing to accept more complexity:…
£2.475m bridge-to-let secures Kensington penthouse auction purchase
Specialist bridging lender, Aspen, has announced that it has completed its second prime central London facility in just seven days, delivering a £2,475,000 Bridge-to-Let for an auction purchase in under…
Rental yields dip by quarter but up YOY to 7.8%
Growth continues but six out of ten regions see quarterly fallsAnnual rental yields across most of England and Wales have continued to rise when compared to the same time last…
American Voters Cross Party Lines to Back Federal Housing Affordability Measures
Email Sign Up For Our Free Weekly Newsletter Americans across the political spectrum overwhelmingly support federal efforts to address the nation's housing affordability crisis, underscoring a rare area of bipartisan…
£2.85m development exit loan secured on rural North Yorkshire property
Glenhawk has announced that it has completed a £2.85m development exit loan in North Yorkshire, refinancing an existing development facility and giving the borrower more time to market and sell…
£3m refurbishment finance completed on two prime London properties
Specialist lender Black & White Bridging has completed more than £3m of refurbishment finance across two high-value residential projects in London, backing an experienced developer with a track record of…
£7.9m bridging loan funds Mayfair trophy asset acquisition
FRP Real Estate Advisory has arranged a £7.9m acquisition bridging loan with specialist commercial lender CSBF to fund the purchase of a trophy, mixed-use asset in Mayfair, London. The facility…