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…
£2.69m refinance for Somerset holiday lodge park
Unicorn Capital Advisory has arranged £2.69m of holiday let finance from Atom bank, a secured term loan to refinance a mixed-use lodge park near Bridgwater, Somerset. The park has 31…
£2.1m development finance for 15-unit Addlestone scheme
Lendhub has announced that it has completed £2.1m of development finance for a 15-unit scheme in Addlestone, Surrey. The facility funds the acquisition and refurbishment of a 12-flat apartment block,…
Newport Beach, San Francisco Bay and Long Beach Face Greatest Risk of El Niño Flooding This Winter
Email Sign Up For Our Free Weekly Newsletter Billions in Potential Long-Term Property Damage Along California's Coastline San Francisco Bay communities, Newport Beach, Long Beach and coastal cities from Santa…
Asia Pacific Commercial Property Investment Surges 24 Percent
Email Sign Up For Our Free Weekly Newsletter Rising Interest Rates Temper Investor Confidence in Q3 CBRE survey finds capital markets activity accelerating across much of the region, even as…
£12.6m development loan funds 35-home scheme in West Sussex
Atelier has completed a £12.6m development finance loan to fund the construction of 35 homes in Cowfold, West Sussex, including 12 affordable units. The facility will support land acquisition and…
£1.43m bridge backs conversion of listed Swansea smelting shed
FRP has arranged a £1.43m heavy refurbishment bridge to convert a Grade II-listed former smelting shed in Swansea into 12 apartments. The borrower plans to let the homes on a…
£458,000 semi-commercial mortgage refinances mixed-use bridge
TAB has completed a £458,000 semi-commercial mortgage, refinancing an existing TAB bridging loan on a mixed-use property in Yeading, Hillingdon, west London. The three-storey, mid-terrace building has a ground-floor shop.…
£570,000 bridging loan funds Southampton purchase with no deposit
Glenhawk has completed a £570,000 bridging loan to fund the purchase and refurbishment of an investment property in Southampton, with the borrower paying no cash deposit. The bridging loan went…