£2m bridge refinances Docklands properties
TAB has provided a £2 million bridging loan to refinance two commercial properties in London’s Docklands, repaying the borrowers’ existing lender and releasing additional working capital for their wider business…
£559,000 regulated bridge completes in seven days to refinance refurb facility
Glenhawk completed a £559,000 regulated bridging loan in seven days, allowing a borrower to refinance an existing facility and avoid default fees. The specialist property lender secured the loan at…
£244,000 bridging finance funds Grade II listed Norfolk pub
Specialist lender Black & White Bridging has provided £244,000 of bridging finance, combining a first-charge commercial bridge and a second-charge residential bridge, to fund the purchase of a country pub…
Iran War Inflation Keeps U.S. Mortgage Rates Near 3-Year High in October
Email Sign Up For Our Free Weekly Newsletter Rising energy costs and persistent inflation add pressure to housing affordability as borrowing costs climb from year-ago levels. U.S. mortgage rates remained…
£46.1m development finance funds Hammersmith studio scheme
Development finance lender Atelier has completed a £46.1m loan to Sheen Lane Developments to fund the acquisition and permitted development conversion of Griffin House in Hammersmith, London. The 18-month facility…
£490k development finance backs two Anerley flats
Assetz Capital has announced that it has completed a development finance facility of almost £490,000 through its Elevate range. The loan backs the ground-up construction of two homes in Anerley,…
U.S. Home Sellers Dwarf Buyers by a Record 63 Percent in September
Email Sign Up For Our Free Weekly Newsletter Miami has country's widest gap with 159 percent more sellers than buyers The U.S. housing market is increasingly tilted in favor of…
Two-year high for share of properties managed by agents
Two-thirds of rental properties now professionally managed Landlords are increasingly turning to professional property management, with the proportion of rental properties using letting agents at its highest level in two…
Average rents exceed £1,400 for first time
Prices in capital reach record high The average advertised rent of homes outside London has risen above £1,400 per calendar month for the first time on record, reaching a new…
£520k development finance funds Tring barn conversion
9Y Capital has provided a £520,697 development finance facility to convert a redundant barn near Tring, Hertfordshire, into a two-bedroom home. Broker First Financial Intermediaries introduced the case. The borrower…