£3.8m development finance backs 15-apartment Bath conversion
Paragon Bank has provided a £3.8m development finance facility to fund the conversion of a historic office building in Bath city centre into 15 private apartments. The lender's development finance…
U.S. Mortgage Rates Hit 7.28 Percent in October, a 3-Year High
Email Sign Up For Our Free Weekly Newsletter Iran War Fuels Added Inflation and Mortgage Rate Pressure According to Freddie Mac, U.S. mortgage rates surged to their highest level in…
STB funds £4.5m land bridge on 266-bed co-living site
Secure Trust Bank (STB) Business Finance has completed a £4.5m land bridge loan to take Greyfriars House, a co-living development in Reading, through Gateway 2 and demolition. The funding leaves…
£47.2m refurbishment finance backs City office overhaul
FRP has arranged £47.2m of refurbishment finance from a specialist debt fund for a 58,000 sq ft office building in the City, acting for a longstanding client. The facility refinances…
£930,000 residential bridge completed within 48 hours
Funding 365 has completed a £930,000 residential bridging loan within 48 hours of enquiry, helping a landlord avoid a 5% default fee from their previous lender. Introduced by Aureum Finance,…
£755,000 bridging finance refinances Somerset hotel
Brickflow has facilitated a £755,000 bridging finance refinance on an 18-bedroom hotel in Somerset. HBI Capital funded the loan, completing the case less than a month after joining the platform's…
U.S. Home-Flipping Profits Shrink in 2026, Investors Face Narrower Margins
Email Sign Up For Our Free Weekly Newsletter The U.S. home-flipping business continued to lose some of its financial appeal in the second quarter as investors completed more deals than…
WSP Capital completes £490,000 auction finance in four days
Bridging lender WSP Capital has completed £490,000 of auction finance at 75% loan-to-value, four days after issuing its formal offer. The borrower's existing lender changed its position late in the…
Two-thirds of landlords will increase rents if taxes rise
Survey shows majority will pass on costs to tenants Nearly two-thirds of landlords will increase rents if further costs are imposed on them in October’s budget, according to the latest…
Your First Home to stimulate development but more help needed
Call for more support to bring housing investment forward The government’s Your First Home Scheme should help stimulate housing sales, but developers also need more support to bring housing investment…