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

Green Flags up For the ORCHARD WHARF Project, London

A brand new project will be soon coming up in Castle Wharf Esso Petrol Station, Leamouth Road, Poplar, London, E14 0JG. This project, popularly known as ORCHARD WHARF, is a new venture of the renowned builder Galliard Homes Limited. According to the details of the granted project plan, the construction will comprise a total of four structures of 24 storeys each with one storey below the ground. The buildings will feature 338 units that will give space to 226 one [...]

By |2024-07-02T09:45:11+00:00December 21, 2018|Projects, Blog, Finance News, Planning News|0 Comments
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Planning Granted For the DINTON STREET Project, Manchester

Instant Bridging Loan News: Greater Manchester is about to witness a brand new project, popularly known as the DINTON STREET project. By the project scheme and in-depth planning, the single structure would be a 15 storey building constructed on a site area and floor area of 7800 square meters and 373 square meters respectively. As per the revealed confirmed report, the building will have a total of 280 units, providing residential space for 84 one bedrooms, 168 two bedrooms, and [...]

By |2021-11-13T10:13:28+00:00December 16, 2018|Planning News, Blog, Finance News, Projects|0 Comments
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Development Finance OF New Wood Wharf Poplar Estimates to £100M

Canary Wharf Group PLC has submitted an application for the development of residential houses and commercial property on the site Wood Wharf Rm01, Development Plots A1, A4, B3 and D1, Wood Wharf, Prestons Road, Poplar, London, E14 9SB. An estimated cost of £100M will be used in the construction of mixed-use Property development 58 storeys, comprising of 472 units. The physical structure will also include an underground storey. The project is still pending contract and details approval. This project is [...]

By |2021-11-13T10:14:27+00:00November 30, 2018|Planning News, Blog, Finance News|0 Comments
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Funding Issues Biggest Hitch for Building Boom

Challenges accessing bridging finance and credit are hampering construction growth despite a buoyant market, say 75 percent of surveyors. Bridging Finance- It's cited as the biggest obstacle in the Royal Institution of Chartered Surveyors', RICS, construction and infrastructure market survey for the third quarter of 2018. "When asked how credit conditions have changed over the past three months, 12 per cent more respondents reported a deterioration rather than an improvement," said the study.  And they added they expected this to get worse [...]

By |2021-11-13T10:14:37+00:00November 26, 2018|Planning News, Blog, Finance News|0 Comments
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South West Councils’ Merger Signals Property Development Boom

Property Development Loans: Dorset hopes to compete with Bristol and Southampton on business terms by combining three of its borough councils next April. The future merger of Bournemouth, Christchurch and Poole councils into a single unitary authority known as 'Urban Dorset' could create a flourishing economy, according to research by Savills. Property Development loans Research analyst Lucy Greenwood said:" We expect Urban Dorset will need to produce a new local plan when it becomes a new unitary authority. Alongside the existing local [...]

By |2021-11-13T10:14:47+00:00November 26, 2018|Finance News, Blog, Fast Development Finance, Planning News|0 Comments
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Property Development Boom in South West- Councils’ Merger Signals

Dorset hopes to compete with Bristol and Southampton on business or Property Development terms by combining three of its borough councils next April. The future merger of Bournemouth, Christchurch and Poole councils into a single unitary authority known as 'Urban Dorset'. They could create a flourishing economy, according to research by Savills. Residential Property Development Hotspot Research analyst Lucy Greenwood said:" We expect Urban Dorset will need to produce a new local plan when it becomes a new unitary authority. [...]

By |2024-06-26T07:46:10+00:00November 20, 2018|News, Blog, Finance News|0 Comments
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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
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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
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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
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Commercial Lending to SMEs under regulatory spotlight

Commercial lending to SMEs looks set to be regulated following a damming treasury select committee report about the behaviour of certain banks. The Royal Bank of Scotland's global restructuring group, GRG's behaviour to customers is described as "scandalous" by the committee. GRG is criticised for wanting to generate income rather than helping businesses in trouble. "The actions of GRG staff heaped untold misery on hard-working business owners, recklessly destroying livelihoods in pursuit of profit," concluded the committee. It referred to the notorious internal [...]

By |2021-11-13T10:01:58+00:00October 26, 2018|Finance News, Blog, News, Uncategorized|0 Comments
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The Off Abbotts Lane Coventry Project Will Cost £100M

Bridging Loans London: Complex Development Projects Limited has earned our heartiest congratulation for gaining planning for the construction of 700 new homes including a central landscape feature which opens the Radford Brook as a linear park. The chosen site for the project is Off Abbotts Lane, Coventry, West Midlands, CV1 4AZ. The client will take financial help of development finance loans, which will allow the client to simultaneously dedicate their resources to all the ongoing construction projects. The project will [...]

By |2024-10-21T14:01:38+00:00October 18, 2018|News, Blog, Finance News, Planning News, Projects|0 Comments
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Bridging Watch: Economic Turmoil Proves Beneficial

We all want to know the perfect time to make a profitable investment. Over the course of decades, the investment industry was able to determine a commercially viable relationship between the upheaval in the market industry and profitability of investments. What promises profit and lucrative commercial investment opportunities are times of economic and political uncertainty. This is precisely the reason everyone is quite laid back in the current atmosphere. The fiscally solid and financially powerful investors have been quite active [...]

By |2021-11-13T09:59:07+00:00September 24, 2018|News, Blog, Finance News, Planning News|0 Comments
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