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Fewer houses on the market to buy, says RICS

Development Finance News:-New instructions have continued to drop with the poorest reading since June 2016, according to the Royal Institution of Chartered Surveyors', RICS, residential study for April. The professional body attributes the slump to Brexit uncertainty and points out the national house price net balance was unchanged in April at minus 23 per cent. This contrasts with the Halifax house price index released earlier this week showing a 5 per cent rise in the value of property sales. RICS [...]

By |2021-11-13T10:36:21+00:00May 9, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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ALBERT ROAD & SOUTHWALL ROAD Project Construction is due to start soon

Refurbishment Loans News:- ALBERT ROAD & SOUTHWALL ROAD, DEAL – MIXED DEVELOPMENT is due to start with its construction process soon at the address The West Side of Albert Road, Deal, and Kent, CT14 9RB. The council of Dover will be looking after the construction of this particular project. The total floor area that will be required for this particular project sums up to 1616 sq. m. The total site area of the project is 4.7 ha. The total numbers [...]

By |2021-11-13T10:36:27+00:00May 9, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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House lettings in prime London spots reach record levels

Construction Loans News:-The number of lettings and interest in prime central and outer London residential properties reached record levels for the first quarter of this year, according to Knight Frank figures. Tenancies agreed for homes rented out at more than £5,000 per week both in prime central and outer London spots, such as Chelsea and Hampstead, hit a record 31. This was the highest level experienced for the first quarter of the year since Knight Frank started its research in [...]

By |2021-11-13T10:36:46+00:00May 7, 2019|Planning News, Blog, Finance News, Projects|0 Comments
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Construction of BUILDING 260 & 270, PROJECT is going to start soon

Property Development Loans:- The BUILDING 260 & 270, BARTLEY WOOD BUSINESS PARK – 122 FLATS will start with its construction very soon at Building 260 & 270, Bartley Wood Business Park, Bartley Way, Hook, and Hampshire, RG27 9UP. The council of Hart are going to overview the construction for this particular project. Among the materials used, the services will include Personnel Movement and the passenger lifts. The construction for this project is expected to start by the third quarter of [...]

By |2024-10-21T14:01:43+00:00May 6, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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MAYFIELD ROAD – 158 STUDENT FLATS are going to start with their construction soon

Bridging Loans News:- The construction of MAYFIELD ROAD – 158 STUDENT FLATS is going to start with their construction soon at 234 Mayfield Road, 14 & 15 Braefoot Terrace, Edinburgh, and Lothian, EH9 3BE. The council of Edinburgh will be looking after the construction of this particular project. The total site area for this project is allotted at 1440 sqm. There will be only 1 structure that is going to be built. In that structure, a total of 158 units [...]

By |2021-11-13T10:37:07+00:00May 4, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Nearly 200 new homes to be built on a former Yorkshire mine site

Bridging Loans News:- The go-ahead for 177 flats and houses to be constructed as part of the latest phase of the Waverley New Community has been given the go-ahead by Rotherham borough council. Barratt Homes will be building the £17.7m development which comprises six one-bedroom, 13 two-bedroom, 57 four-bedroom flats and 101 four-bedroom houses. Planning permission was granted at the end of last month on condition 31 of the homes would be affordable. JRP Associates have designed the scheme on [...]

By |2021-11-13T10:37:15+00:00May 3, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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Private house building boosts construction growth

Construction Loans News:- Private housing workloads is supporting growth in the building industry, according to the Royal Institution of Chartered Surveyors UK Construction and Infrastructure market study. A positive net balance of 24 per cent of chartered surveyors contributing to the survey said there was a rise in residential development for the first quarter of this year. This was up on the previous quarter's figure of 20 per cent. But the professional body's economist, Jeffrey Matsu, warned this was against [...]

By |2021-11-13T10:37:24+00:00May 3, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Land investment reaches record levels

Property Development Funding News:- House builders are continuing to buy land with 370,000 planning permissions granted last year - more than double the number approved a decade ago. The figure is the second highest annual total on record according to the House Builders Federation and Glenigan's latest housing pipeline report. HBF said the numbers reflected the sector's commitment to increase housing delivery despite the fact permissions can still take months or years to realise. Glenigan’s economics director, Allan Wilen, said: [...]

By |2021-11-13T10:37:30+00:00May 2, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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First time buyer mortgages stimulated by minimal house price growth

UK house prices' modest 0.9 per cent year-on-year increase for April has helped first-time buyers, according to the Nationwide Building Society. The lender's monthly index showed a 0.4 per cent rise in prices in April compared with the previous month bringing the average house price in the UK to £214,920 compared with £213,102 in March. The building society's chief economist, Robert Gardner, said: "Indicators of housing market activity, such as the number of property transactions and the number of mortgages [...]

By |2021-11-13T10:37:37+00:00May 2, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Lending volumes on commercial property for 2018 rose significantly

Construction Loans News:- New commercial property lending reached £49.6bn in 2018 - a 12 per cent rise despite property deal volumes dropping by 13 per cent, according to the findings of a new report. The Cass Business School UK Commercial Real Estate Lending Report showed new development finance hit £8.8bn with residential development accounting for the largest slice at £5.2bn. However, this was £1bn less for new residential development finance than in 2017. Lenders also mentioned that developments of private [...]

By |2021-11-13T10:37:45+00:00May 1, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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Construction of BUS DEPOT, COLDBOROUGH HOUSE – Project Started

Commercial Bridge Loans:- BUS DEPOT, COLDBOROUGH HOUSE – 246 FLATS & COMMERCIAL UNITS will be starting with its construction at Bus Depot, Coldborough House, Market Street, Bracknell, and Berkshire, RG12 1JG.  The council of Bracknell Forest will be governing this construction. The total floor area for this project is 225 sq. m and the total site area is 6200 sq. m. There will be only 1 structure built which will comprise of 242 units. There will be 11 storeys built, [...]

By |2021-11-13T10:37:52+00:00May 1, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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Rising labour and materials costs hit house builders

Construction Loans News:- Construction costs showed a 4.3 per cent year-on-year increase for the last quarter of 2018, according to the latest figures from The Royal Institution of Chartered Surveyors, RICS. The organisation's private house construction price index said the quarter had shown a 1.4 per cent increase on the previous one. RICS added building output had been growing steadily since 2013 and that prices were up 8.6 per cent in the year to the third quarter of 2018. An [...]

By |2021-11-13T10:37:59+00:00April 30, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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