£360,500 bridge secured on director’s mother’s home
Somo has announced that it has completed a £360,500 first charge bridging loan for a property investment company, secured against the main residence of the director’s mother. The company approached…
£1.3m overdraft facility for Cotswolds housebuilder
Alternative Bridging Corporation has announced that it has provided a £1.3m overdraft facility to an established Cotswolds housebuilder, giving it working capital while residential property sales moved towards completion. The…
£900,000 bridge secured on two Grade II listed properties
Precise has announced that it has completed a £900,000 bridging loan to help clients buy a retirement home in Sussex before selling their existing properties. The clients had found an…
U.S. Condo Sellers Outnumber Buyers 2 to 1 in September
Email Sign Up For Our Free Weekly Newsletter Condo buyers gain their strongest negotiating advantage in more than a decade The U.S. condominium market is experiencing one of its sharpest…
First-Time Buyers Shut Out of the U.S. Housing Market, Median Age Hits 40
Email Sign Up For Our Free Weekly Newsletter Inherited Wealth, Rising Home Prices and Affordability Are Reshaping Who Can Afford to Buy a Home in 2026 The American dream of…
£5.5m development finance deal backs 18 Liverpool apartments
Assetz Capital has announced that it has provided £5.5m of development finance to redevelop a vacant former college site on Beaconsfield Road in Woolton, Liverpool, into 18 apartments. The 18-month…
£3m bridge funds gas works clean-up for 144 homes
The real estate advisory team at FRP has arranged £3m of bridging finance with Secure Trust Bank Business Finance to fund remediation of a former gas works site in Tonbridge,…
Industrial Job Growth Reshapes U.S. Commercial Real Estate Demand
Email Sign Up For Our Free Weekly Newsletter San Antonio, Seattle and Nashville post major gains Industrial employment growth is emerging as an increasingly important factor in the geographic distribution…
House prices down 1.2% YOY in October
Price drop biggest since October 2023 – Lloyds HPI House prices have seen their biggest annual fall since October 2023, according to the latest Lloyds House Price Index. The index…
Towns where typical home is less than 2x earnings
Two-thirds are in Scotland, followed by North East – study Across Britain, a typical home costs 4.3x annual household earnings, but Zoopla has now revealed 36 British towns where a…