Unregulated Bridging Loans on The Rise

Bridging lending has increased by nearly eight percent for the third quarter of this year to £213.35m, according to Bridging Trends data.The proportion of unregulated bridging loans rose to 68.4 per cent compared with 63.2 per cent in the second quarter while regulated fell to 31.6 per cent compared with 36.8 per cent. MT Finance Commercial director Gareth Lewis was upbeat about the figures. "The data continues to show that property investors are seeking attractive opportunities to acquire properties. There [...]

By |2021-11-13T10:15:24+00:00November 17, 2018|Finance News, Blog, Planning News|0 Comments

Breaking NEWS: 560 Flats at Goldsworth Road Will Be Developed for £130M

Be:Here Limited deserves well-earned praise for gaining planning for the construction of 72 studio flats, 190 one bedroom, 209 two-bedroom and 89 three bedroom flats with offices, estate agents, public house and gym with lift, kitchen, office, toilets, parking, access and landscaping following demolition of existing building. The chosen site for the project is 20-32 Goldsworth Road, Woking, Surrey, GU21 6JT. With the help of best bridging finance, the client will stabilize the project’s financial demands and requirements. The council for [...]

By |2022-03-15T06:28:19+00:00November 14, 2018|News, Blog, Planning News|0 Comments

Alternative Finance Could Facilitate the growth of small firms

Small firms' growth hindered due to lack of awareness of alternative finance Smaller enterprises' growth is being held back because of lack of knowledge of alternative funding options to the major banks, claims the Federation of Small Businesses, FSB. Only one in seven small firms are applying for external development finance according to the industry body's latest study Going for Growth. The report also found that out of those who were applying two thirds were paying interest of more than four per cent. [...]

By |2024-06-27T03:15:29+00:00November 14, 2018|Finance News, Blog|0 Comments

Development Finance News:Planning Gained Upton Gardens Redevelopment for 838 Flats Costs £64.1M

Property Auction Finance News: Galliard Homes Limited Head Office has earned our heartiest congratulation for gaining planning for the redevelopment of Upton Park to provide 15 new buildings ranging from 3 to 13 storeys providing up to 838 apartments with retail and restaurant and commercial use, cycle parking, car parking, highways, landscaping, access and infrastructure works following demolition of West Ham United Football stadium. The chosen site for the project is West Ham United Football Club, Green Street, Upton Park, Plaistow, [...]

By |2021-11-13T10:10:16+00:00November 13, 2018|Planning News, Blog, News|0 Comments

The Development of 145 Units in Liverpool Will Cost £14M

Assetcorp deserves the sincerest congratulation for gaining planning for the construction of 11 storey building containing 72 one bedroom and 73 two bedroom apartments and retail units with associated works at 12 - 30 Parliament Street, Liverpool, Merseyside, L8 5RW. The short term bridging loans will ensure that this privately funded project is completed in a period of 18 months. The project will begin in April 2018, and it will be finished in late October 2019. The  short term bridging [...]

By |2023-02-23T14:35:36+00:00November 12, 2018|News, Blog, Planning News|0 Comments

The Brightwells Development in Surrey Will Cost £115M

Waverley Borough Council deserves our heartiest congratulations for gaining planning for the construction of 239 housing units, 8 screen cinema, shop, restaurant and cafe following demolition of existing buildings. The chosen site for the project is East Street, Farnham, Surrey, GU9 7SD. With the help of Property Bridging Loan, the client will ensure that the project is finished within the deadline. The council for this project is Waverley. The project will begin in January 2019. The new structures will be [...]

By |2021-11-13T10:10:49+00:00November 9, 2018|News, Blog, Planning News|0 Comments

The Market Street Redevelopment at Station Approach Will Cost £61M

Cheers to Grainger Plc for gaining planning for the construction of 232 units at Station Approach, Market Street, Newbury, Berkshire, RG14 5DP. With the help of Commercial Refurbishment Loans, the client will easily develop 81 one bedroom and 117 two bedroom flats, 10 two-bedroom and 21 three bedroom houses with associated car parking, residents' hub and management office, commercial space, a multi-storey car park, access and landscaping following demolition works and site clearance. The project will be developed in a [...]

By |2021-11-13T10:10:56+00:00November 8, 2018|News, Blog, Planning News|0 Comments

The City Road Development for 100 Flats and Offices Will Cost £65M

Vanity Properties Limited deserves well-earned praise for gaining planning for the development of a twenty-two storey building which will include 32 one, 77 two and 2 three bedroom flats with offices, gym, retail space, ground floor lounge, landscaping and access works. The chosen site for the project is 225 City Road, City, London, EC1V 1JT. With the help of fast bridging loans, the client will stabilize the project’s financial budget and finish the development in time. The council for this project [...]

By |2024-10-21T14:01:39+00:00November 8, 2018|News, Blog, Planning News|0 Comments

The Manchester Life Flour Sawmill Court Development Will Cost £30M

Manchester Life Development Company Limited deserves a sincerest congratulation for gaining planning for the Construction of 199 residential and commercial units at Bengal Street, Jersey Street, Murray Street & Blossom Street, Ancoats, Manchester, Greater Manchester, M4 6AJ. The property finance loans will ensure that this privately funded brownfield site project is completed within the allotted financial budget. The project will begin in July 2016, and it will be finished in July 2018. The entire development will take place in a duration [...]

By |2021-11-13T10:11:23+00:00November 7, 2018|News, Blog, Planning News|0 Comments

The Wapping Wharf Development Has Received the Green Light

Umberslade deserves our sincerest congratulation for gaining planning for the development of Phase 2 Blocks D, E, F, and G for Wapping wharf. The chosen site is Wapping Wharf D, E, F, G, Wapping Road, Bristol, South Gloucestershire, BS1 5RN. With the help of Bridge Lending Loans, the client will be able to finish this development in £40M. The client will finish this development in 36 months. The project will begin in March 2018, and it will be finished in [...]

By |2021-11-13T10:11:31+00:00November 7, 2018|News, Blog, Planning News|0 Comments

The Phase 2 of Belgrade Plaza Will Cost £31.5M

The client deserves well earned praise for gaining planning for the construction of 62 one bed, 38 two bed flats, 385 bed student accommodation and an 80-bed hotel with associated access parking and landscaping. The chosen site for the project is Land bounded by Hill Cross Ringway, Sava House & Upper Well Street, Coventry, West Midlands, CV1 4FJ. With the help of property development mortgage, the client will stabilize the project’s financial budget. The council for this project is Coventry. [...]

By |2021-11-13T10:11:36+00:00November 6, 2018|News, Blog, Planning News|0 Comments

Stonelea & Thornebury Project Development Will Cost £15.2M

Construction Finance:- Peabody Housing Association Head Office deserves our sincerest congratulation for gaining planning for the development of 22 one, 30 two and 11 three bedroom flats with 8 three and 8 four bedroom houses with associated access, parking and landscaping following the demolition of existing building. With the help of Construction Finance, the client will be able to dedicate their available resources to all their construction projects simultaneously. The chosen site for the development is Stonelea & Thornebury, Union [...]

By |2021-11-13T10:11:49+00:00November 5, 2018|Projects, Blog, Finance News, Planning News|0 Comments