£5m loan funds nine new homes on Lewisham brownfield site
Development finance lender Atelier has completed a £5m loan to fund the acquisition, demolition and ground-up development of nine new homes in Lee, within the London Borough of Lewisham. The…
£6.3m bridging facility repaid after Shepperton refurbishment
Inspired Lending has completed the repayment of its largest bridging finance transaction to date, following the refinance of a £6.3 million facility that supported the refurbishment of a mixed-use investment…
£17.5m refinance backs growth plans for mixed-use property investor
InterBay has announced that it has completed a £17.5m commercial mortgage refinance for an experienced property investor, unlocking capital to fund future acquisitions and support the continued growth of a…
FRP secures £1.5m in lending for investors outside mainstream criteria
FRP Real Estate Advisory, the property finance arm of FRP, has completed three financing facilities totalling close to £1.5m, each helping an established property investor take their next step into…
‘Worst may be over’ as mortgage rates fall
Biggest monthly reductions since October 2024Mortgage rates have seen their biggest monthly reductions since October 2024, according to Moneyfacts UK Mortgage Trends Treasury Report data, but the market remains dependent…
Mortgage Demand in U.S. Slips as Borrowing Costs Climb to Yearly High
Email Sign Up For Our Free Weekly Newsletter U.S. mortgage demand retreated last week as borrowing costs climbed to their highest level in almost a year, underscoring the continuing affordability…
£400,000 bridging deal helps landlord expand South Manchester portfolio
Bridging finance lender Somo has completed a £400,000 loan that enabled a landlord to expand their property portfolio, after finding a pragmatic solution to a planning issue that could otherwise…
Development finance loan overcomes decade of planning hurdles in Chelsea
Development finance lender Magnet Capital has completed and been redeemed on a £1,009,475 loan funding the construction of a bespoke two-bedroom dwelling hidden behind King's Road in Chelsea, SW10. Specialist…
GB Bank secures £33m London facility in seven days
GB Bank has supported the first stage of financing a £33 million mixed-use property portfolio across London, completing a structured bridging finance solution in seven days to help an experienced…
U.S. Homebuilders Welcome Landmark Housing Bill Into Law
Email Sign Up For Our Free Weekly Newsletter The National Association of Home Builders (NAHB) hailed the recent enactment of the 21st Century ROAD to Housing Act, a sweeping bipartisan…