Rental growth accelerating in half of England’s regions
Some prices rising since implementation of Renters’ Rights Act While national rental growth rates have remained unchanged since the implementation of the Renters’ Rights Act, they are growing at a…
Atelier completes £19.9m facility for 57-home Devon development
Development finance lender Atelier has completed a £19.9m peak debt development facility to fund the construction of 57 new homes near Westward Ho!, on the north Devon coast. The 36-month…
£44.8m facility to fund 88-home over-55s community in Shenley
Paragon Development Finance has provided a £44.8m facility to support Beechcroft's plans for a later living community in Shenley, Hertfordshire, continuing a lending relationship that now spans four separate schemes.…
Landlord secures south-west London auction property with 75% LTV bridge
A professional landlord has completed a £550,000 auction purchase in south-west London using a bridging loan, with the deal finalised just three days after the application was received. Precise, part…
£6.1m development loan funds 60 residential flats in Northampton as developer targets long-term BTL hold
Pallas Capital has completed a £6.1m development loan to fund the ground-up construction of a 60-flat residential scheme with two ground-floor commercial units in Northampton, with a gross development value…
£2.61m bridge secures Somerset acquisition for asset-rich borrower
A £2.61m regulated bridging loan has allowed a borrower to acquire a substantial private residence in Somerset without their purchase being tied to the sale of a separate London property.…
U.S. Mortgage Rates Climb Again in September
Email Sign Up For Our Free Weekly Newsletter Iran War, Inflation Concerns Keep Pressure on Homebuyers Mortgage rates moved higher again this week, adding another layer of uncertainty for Americans…
£4.56m regulated bridge funds West Midlands family home acquisition
Glenhawk has completed a £4.56m regulated bridging loan to support the acquisition of a family home in the West Midlands, structured at 75% LTV across two securities. The newly acquired…
£52k HMO conversion funded without second lender as Welsh deal moves from bridge to refurb
A three-bed, mid-terraced property in Wales has been converted into a four-bed HMO after a borrower secured funding across two stages with a single lender, avoiding the need to source…
£7.5m development finance facility backs ten-home Essex scheme with mid-build planning uplift
Shawbrook has provided a £7.5m development finance facility to Daniel James Developments for the Birley Grange scheme in Shenfield, Essex, a ten-unit residential development within a private gated estate that…