£1.25m acquisition facility funds mixed-use Hertfordshire site spanning glasshouses, bungalows and farmland
MERA has completed a £1,249,500 acquisition facility for a 50-acre mixed-use site near Hitchin, Hertfordshire, after assessing the property's residential, commercial and agricultural elements individually to structure lending that reflected…
Shoppers Are Tired of Being Predicted in 2026, Physical Stores Have an Opening
Email Sign Up For Our Free Weekly Newsletter U.S. e-commerce hit a record 16.9% of total retail sales in the first quarter of 2026, according to Census Bureau data compiled…
House prices down second month in a row
Market driven by need to move rather than desire, say expertsThe property market continues to be driven by those who need to move rather than those who want to, the…
£9.9m bridging refinance completed at 52% LTV against London office and Glasgow industrial unit
Recognise Bank has completed a £9.9m bridging loan to refinance existing debt secured against two commercial properties, one in Central London and one in Glasgow. The 21-month facility completed at…
Gross rental income rises to £90,000 for average landlord
The figure is up nearly £16,500 on last yearLandlords are seeing nearly £90,000 a year in gross rental income from the average UK landlord portfolio, up annually by nearly £16,500…
£4.5m buy-to-let funding secured for two prime Central London properties through dual-SPV holding structure
Butterfield Mortgages Limited has provided £4.5m to fund the acquisition of two prime Central London buy-to-let properties with a combined value of £7m, structured through a holding company and two…
Labor Day Travelers Pay More as Americans Push Ahead With End-of-Summer Getaways
Email Sign Up For Our Free Weekly Newsletter Americans are squeezing in one last summer escape this Labor Day weekend, but the traditional end-of-season getaway is coming with a bigger…
Somo beats bridging deadline with equitable charge approach
A property owner facing default fees on an expiring bridging loan avoided a forced sale after specialist lender Somo completed a second charge refinance within 10 working days, using an…
Florida’s Luxury Housing Market Is Pulling Away From the Rest of America
Email Sign Up For Our Free Weekly Newsletter Miami and Tampa lead the nation's largest metros in luxury-price gains in 2026 According to Redfin, Florida's luxury housing market is emerging…
£11.7m development finance facility backs 79-home Gainford scheme with 86% EPC A target
Paragon Development Finance has provided a £11.7m development finance facility to Wharfedale Homes to fund a 79-home residential scheme in Gainford, County Durham. The facility runs over 30 months and…