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

Cliveland Street, Gun Quarter Project to Soon Stand on Birmingham Lands

Bridging Finance News:- Prosperity Capital Partners will be soon coming up with a fully developed new project in England. This project will be developed on the site of Former Globe Works, Aston, Birmingham, West Midlands, B19 3SH. According to the granted project plan, the construction would develop one structure of 10 storeys. This building would feature a total of 520 units that will be used for student accommodation purpose. The entire project will be developed on a site area and [...]

By |2021-11-13T10:23:58+00:00March 13, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Eastside Quarter Bexleyheath

Residential Loan News:-At Former Bexley Civic Offices, Broadway, Bexleyheath, Kent, DA6 7LB the construction of EASTSIDE QUARTER, BEXLEYHEATH – 102 HOUSES, 416 FLATS & COMMERCIAL UNITS is about to start. The contract detail is approved. As of now, the estimated value stands at 46.1 million dollars. The total duration of the construction period will roughly extend to 60 months. With an entire site area of 1.74 Ha, the construction will be on a grand scale,and the building will have 13 [...]

By |2021-11-13T10:24:05+00:00March 12, 2019|Finance News, Blog, Planning News, Projects|0 Comments

MORLEY HOUSE, WESTMINSTER – Project Construction Started

Property Finance News:- At Morley House, 314-322 Regent Street, Westminster, London, W1B 3BB, the construction of MORLEY HOUSE, WESTMINSTER – 44 APARTMENTS & RETAIL UNITS is taking place. The project started in 30/10/2017 and is supposed to end by 30/03/2020 with a span of 29 months. The value of the plot stands at £36.5 M. The construction is being governed by the Westminster council. The total floor area is 1256 sq. Meters approximately and the entire site area is 900 sq. [...]

By |2021-11-13T10:24:12+00:00March 11, 2019|Finance News, Blog, Planning News, Projects|0 Comments

GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is being Constructed

Bridging Loans News:- The construction of GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is underway at 45-59 Millharbour, 2-4 Muirfield Crescent & 16, 21 & 23-39 Pepper Street, Poplar, London, E14 9TD. The plan is to construct 3 mixed use buildings. The value stands at £150M. The whole of the construction is to be governed by the Tower Hamlets council. The approximate duration for which the project will continue is 30 months. With a floor area of 7362 sq. [...]

By |2021-11-13T10:24:17+00:00March 11, 2019|Planning News, Blog, Finance News, Projects|0 Comments

Construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 takes place

Construction Finance News:-The construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 is taking place. The address of the plot is Masshouse, Plot 7, Exchange Square, Eastside, Birmingham, West Midlands, and B7 4EH. The construction had started in February 2017 and is supposed to finish by October 2019, with a 32 month period. The current finance value of the plot is £70M, and is governed by the Birmingham council. Construction Finance - HZA The total construction site is roughly spread over [...]

By |2021-11-13T10:24:32+00:00March 10, 2019|Projects, Blog, Finance News, Planning News|0 Comments

UK Economy Missing Out on £250 Billion from female start-ups

Commercial Finance News:-Major lenders are signing up to a new code for investing in women to help increase the number of female entrepreneurs by 600,000 within the next ten years. The Treasury announced the code following the publication of the Rose Review released on March 8 to coincide with international women's day. So far key lenders including Lloyds, Royal Bank of Scotland, the UK Business Angels Association and UK Finance have signed up. Prime Minister Theresa May said: "I am [...]

By |2021-11-13T10:24:40+00:00March 9, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Construction of WOOD WHARF, PRESTONS ROAD is being carried out

Bridging Loan News:- The WOOD WHARF, PRESTONS ROAD – PLOTS E3 & E4 construction is being carried out at Rm03 Wood Wharf, Prestons Road, Poplar, London, E14 9SF. The aim is to construct a 50 storey building that has 470 flats and 787 sq. Metre of retail space. Additionally, parking spaces, associated spaces and open public places are also going to be provided. The detail has been approved and the project is due to start on the first quarter of [...]

By |2021-11-13T10:24:47+00:00March 8, 2019|Finance News, Blog, Planning News, Projects|0 Comments

UK House Prices Show 2.8 per cent rise

Building Finance News:- Annual house prices for the three months leading up to the end of February showed a year-on-year rise of 2.8 per cent, according to the Halifax House Price Index. The latest quarter revealed a 1.8 per cent rise compared with the previous three months and February saw a 5.9 per cent increase in prices compared to January. The new figures take the average price of a house in the UK to £236,888. Building Finance by HZA Halifax's [...]

By |2021-11-13T10:24:55+00:00March 7, 2019|Finance News, Blog, Planning News, Projects|0 Comments

HURLINGHAM RETAIL PARK DEVELOPMENT is due to start

PROPERTY DEVELOPMENT NEWS:- The redevelopment of the HURLINGHAM RETAIL PARK is being planned. The target is to provide retail, residential units and office with associated landscaping, parking and works. The address of the redevelopment site is Hurlingham Retail Park, 1-3 Carnwath Road, Fulham, and London, SW6 4SS. The tender has been approved and the estimated value of the site is currently £60M.  It is being governed by the council of Hammersmith and the project is due to start by the [...]

By |2021-11-13T10:25:03+00:00March 7, 2019|Finance News, Blog, Planning News, Projects|0 Comments

HARLOW PRIORITY ESTATES PROJECT Construction Started

Refurbishment Loans News:-The building of the HARLOW PRIORITY ESTATES – THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD have been started at The Briars, Aylets Field, Copshall Close, Harlow, Essex, CM18 7DG. The main plan is to regenerate the building which will provide development to the 343 dwellings. This is being done due to the demolition of the bungalows with new community centre. Parking will be associated and infrastructure will be provided to access the estate roads. The detail planning is [...]

By |2021-11-13T10:25:16+00:00March 6, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Hurlingham Retail Park Development

Building Finance News:- An extra 21,000 new homes are expected to be built over the next 12 years in Newcastle under new development plans for the North East. Lower, Middle and Upper Callerton, Kingston Park, Newbiggin Hall and Newcastle Great Park have been identified as key growth areas. In May the mayor for the new devolved authority of Newcastle, North Tyneside and Northumberland will be elected. The new council is set to bring an extra £600m of investment to the [...]

By |2023-02-23T14:45:13+00:00March 6, 2019|Planning News, Blog, Finance News, Projects|0 Comments

Construction Activity Declines for First Time in 11 Months

House building increased for the 13th month running but was the only sector in construction to show growth in February, according to the Purchasing Managers' Index. UK building companies said their business activity dropped in February ending a ten-month expansion. The decrease in construction work was led by reductions in commercial building and civil engineering activity. Residential Development Finance Tim Moore, economics associate director of IHS Markit, which compiles the index, said clients were delaying decision making on building projects. [...]

By |2021-11-13T10:25:29+00:00March 5, 2019|Finance News, Blog, Planning News, Projects|0 Comments