A mixture of our Finance news articles from the property world. This includes new developments, auction dates and changes to the UK law.

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

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

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

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

EURO HOTEL GROUP – Project is going to start soon

Quick Bridging Loans News:-The construction of the EURO HOTEL GROUP, HOUNSLOW ROAD – 151 APARTMENT HOTEL is nearing to its construction at 37 – 45 Hounslow Road, Feltham, and Middlesex, TW14 0AU. The council of Hounslow is governing the construction for this particular project. The project is going to start soon with its construction by July 2019 and will be lasting over a period of 18 months. The project is supposed to get finished by January 2021. The total floor [...]

By |2021-11-13T10:38:21+00:00April 30, 2019|Finance News, Blog, Planning News, Projects|0 Comments

CLEGG STREET – Project is going to start soon with its construction

Best Bridging Loans News:- The construction of the project CLEGG STREET – 127 FLATS is going to start with its construction soon at Clegg Street, Liverpool, and Merseyside, L5 3SP. The council of Liverpool is going to be governing the construction of this project. This particular project is due to start on the September of 2019 and will be going over a period of 24 months. The project is supposed to end it construction by the September of 2021. The [...]

By |2021-11-13T10:38:29+00:00April 29, 2019|Projects, Blog, Finance News, Planning News|0 Comments

Construction of STRAW MILL HILL – Project have been approved

Property Development Finance News:- The project STRAW MILL HILL – 108 HOUSES/FLATS has been approved and the construction will happen at Tovil Quarry Site, Straw Mill Hill, Tovil, Maidstone, Kent, ME15 6FL. The council of Maidstone will be governing the construction for this particular project.  The total site area of this project equals to 2.3669 Ha. There are 24 structures that will be built totally. The number of units accommodated in them will be 108. Those units will be distributed [...]

By |2021-11-13T10:38:35+00:00April 27, 2019|Projects, Blog, Finance News, Planning News|0 Comments

Construction of WOOD WHARF W02 & WO3 is nearing halfway

Short Term Loans News:-The WOOD WHARF W02 & WO3 construction stage is almost reaching the halfway stage at Wood Wharf, Prestons Road, Isle of Dogs, Poplar, and London, E14 9SF. The council of Tower Hamlets is governing the construction of this project. The project had started way back at April 2015 and is expected to last over a period of 120 months. The project is supposed to be completed fully by the April of 2025. The total floor area is [...]

By |2021-11-13T10:38:42+00:00April 26, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Construction detail of 54 MARSH WALL – TOWER HAMLETS is approved

Residential Bridge Loans News:- The details have been approved of the 54 MARSH WALL – TOWER HAMLETS at 54 Marsh Wall, Poplar, London, E14 9TP. The council of Tower Hamlets will be governing the construction of this project. The project is scheduled to start by the April of 2021. The estimated time period for the construction is 36 months, and the project is expected to be completed by the April of 2024. The total site area of the project is [...]

By |2021-11-13T10:38:49+00:00April 25, 2019|Projects, Blog, Finance News, Planning News|0 Comments

CAMDEN GOODS YARD REDEVELOPMENT will be beginning with its construction soon

Equity Funds News:- The construction of CAMDEN GOODS YARD REDEVELOPMENT will be starting soon and the construction will be taking place at Morrisons Superstore & Petrol Filling Station, Camden Goods Yard Chalk Farm Road, Camden Town, and London, NW1 8EH. The council of Camden will be looking over the construction of this project. The project is scheduled to start by 2020. The total floor area of the project is 35946 sq. m and the total site area is 3.26 Ha. [...]

By |2021-11-13T10:32:33+00:00April 24, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Construction of CITY VIEW DEVELOPMENT – REGENT PLAZA is about to start

Commercial Loans News:- CITY VIEW DEVELOPMENT - REGENT PLAZA is about to be started with its construction at Regent Road, Oldfield Road And Duncan Street, Salford, greater Manchester, M5 3GY. The council of Salford will be the one to govern this construction. This project is expected to start by the second quarter of 2019. The total floor area for this project is 1079 sq m and the total site area equals to 8800 sq m. The construction will be consisting [...]

By |2024-10-21T14:01:42+00:00April 22, 2019|Projects, Blog, Finance News, Planning News|0 Comments

HALE WHARF, TOTTENHAM HALE, PHASE 1 Project construction are just about to start

Residential Development Finance News:- At Hale Wharf, Ferry lane, Tottenham, London, N17 9NF, the construction of HALE WHARF, TOTTENHAM HALE, PHASE 1 – 249 APARTMENTS AND RETAIL is just about to get started. The Haringey council will be supervising this construction. The project will start by April 2019, and is expected to last over a period of 60 months, completing the construction by April 2024. The total floor area is 307 sq m and the site area is 2.28 Ha. There will [...]

By |2021-11-13T10:33:12+00:00April 20, 2019|Finance News, Blog, Planning News, Projects|0 Comments