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

Striking new high rise flats in East London given the go ahead

Development Loans News:- An ambitious scheme to build 323 new apartments in Stratford, East London has been given the green light by Newham Council. The £27.5m estimated cost of the scheme will comprise five towers ranging from two to 19 storeys offering 117 one-bedroom, 102 two-bedroom, 103 three-bedroom and one four-bedroom flats. The development will also include shops covering 1,045 sq metres of floor space with  52 spaces for car parking. Proposed development in prime spot for accessing the City [...]

By |2024-06-27T03:00:00+00:00April 19, 2019|Finance News, Blog, Planning News, Projects|0 Comments

First-time buyer lending increases in February

Bridging Finance News:- The number of new home buyers rose by more than 4 per cent in February compared with the same month in 2018, according to the latest UK Finance Figures. There were a total of 24,880 new first-time buyer mortgages for February representing a fifth consecutive month of year-on-year growth. Finance experts Hank Zarihs Associates said the figures were encouraging reflecting the strong demand by developers for construction loans and short-term bridging finance for starter homes. Office of National [...]

By |2021-11-13T10:33:46+00:00April 18, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Construction of NORTH STREET QUARTER – PHASE 1 is about to start

Construction Finance News:- NORTH STREET QUARTER – PHASE 1 is about to start at North Street Industrial Estate, Lewes, East Sussex, BN7 2PQ. The council of South Downs National park will be governing the construction of this project. The project is poised to last over a period of 36 months, starting from the third quarter of 2019 to the third quarter of 2022. The floor area of the project is 5372 sq. meters with the site area being 11.07 Ha. [...]

By |2021-11-13T10:34:25+00:00April 11, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Hilltop Credit Aims to Lend More than £125M in its First Year

Property Development Funding:- A new lender offering finance for small to mid-sized residential property developers has entered the market. Hilltop Credit Partners plans to lend more than £125m over the next 12 months to developers who have a proven track record but need greater access to capital. Global real estate investment firm Round Hill Capital is backing Hilltop, which already has experience in property development, asset management and financial structuring in the UK and Europe. Hilltop Credit Partners founder and chief [...]

By |2021-11-13T10:34:32+00:00April 9, 2019|Finance News, Blog, Planning News, Projects|0 Comments

WINWICK STREET, JOHN STREET – Project has Started with their Construction

Instant Bridging Loans:- The construction of WINWICK STREET, JOHN STREET – 362 FLATS, COMMERCIAL UNIT & MULTI – STOREY CARPARK has started at Land at Winwick Street and John Street, Warrington, Cheshire, WA2 7UB.  The council of Warrington is under the governance of this construction. The project has started in December 2018 and is expected to finish by May 2021, lasting over a period of approximately 29 months. The total site area is 9400 sq. meters. There will be 362 units [...]

By |2021-11-13T10:34:49+00:00April 9, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Edinburgh and Birmingham Shine in Global House Price Index

Short-Term Bridging Finance News:-Budapest showed the highest year-on-year residential house price rise of 23 per cent for the final quarter of 2018 according to Knight Frank's Global Residential Cities Index. Edinburgh was the only UK city at 7 per cent growth to make it into the top quartile of the index of 150 places. Birmingham's 5.9 per cent growth put it on par with Hong Kong which saw the same growth, although this was low for the Asian city compared [...]

By |2021-11-13T10:34:56+00:00April 8, 2019|Finance News, Blog, Planning News, Projects|0 Comments

Construction of DIAMOND TOWER – NEWFOUNDLAND RESIDENTIAL & RETAIL is Nearing its Finish

DIAMOND TOWER – NEWFOUNDLAND RESIDENTIAL & RETAIL is nearing its end at By Park place, Westferry Road & Heron Quay Road, poplar, London, E14 4JB. Greenwich council is governing the construction. The project had started in March 2015 and is about to finish by January 2020. The floor area is 1537 sq. meters with the total site area being 4800 sq. meters. There will be 2 structures with 568 units in between them and will be consisting of 58 storeys. [...]

By |2021-11-13T10:29:29+00:00April 8, 2019|Finance News, Blog, Planning News, Projects|0 Comments

House Prices See Quarterly year-on-year 3.2 per cent rise

Refurbishment Loans News:- House prices have rallied with a 3.2 per cent increase for the three months to March  compared with the same period in 2018, reveals the Halifax House Price Index. The first quarter of this year was 1.6 per cent higher than the final quarter of last year but on a monthly basis prices fell by 1.6 per cent in March compared with February. The average house price in the UK is now £233,181. Halifax's managing director Roger [...]

By |2021-11-13T10:29:44+00:00April 5, 2019|Projects, Blog, Finance News, Planning News|0 Comments

Leeds Approves Nearly 1000 New Homes for its City Centre

Property Development Finance:- A  £210m scheme to build 928 homes with offices shops and cafés to give an extra buzz to Leed's  South Bank area, has been given the go ahead. Leeds city council has granted permission for D K Architects' plans for five towers, ranging from six to 20 storeys, of one to three-bedroom flats and some town houses over a floor space of 750 sq metres. Each tower will have its own gym and gardens and is on [...]

By |2024-06-27T02:37:44+00:00April 5, 2019|Projects, Blog, Finance News, Planning News|0 Comments

WORNINGTON GREEN ESTATE – PHASE 2A PROJECT is nearly Being Completed

Bridging Finance News:- The construction of WORNINGTON GREEN ESTATE – PHASE 2A (BLOCKS 4) – 91 FLATS is about to finish by the middle of this year. The address of the site is Wornington Green Estate, Portobello Road, North Kensington, London, W10 5QQ. The council governing this project is Kensington and Chelsea. The project started as early as October of 2017 and is about to finish in June of 2019, roughly over a period of 20 months. The floor area [...]

By |2021-11-13T10:29:57+00:00April 5, 2019|Projects, Blog, Finance News, Planning News|0 Comments

Construction of WEMBLEY PARK – PLOT E05 is Ongoing

Construction Finance News:- The construction of WEMBLEY PARK – PLOT E05 is under the process at Plot E05, Wembley Stadium, First Way, Wembley, and Middlesex, HA9 0JD. Brent council is governing this project. The project has started in October 2017 and is supposed to finish by October 2020, spanning over 36 months. The floor area is 18601 square meters with the site area being 1.31 Ha. With 458 units and 21 Storeys, there are 268 one bed houses, 75 two [...]

By |2021-11-13T10:30:03+00:00April 4, 2019|Finance News, Blog, Planning News, Projects|0 Comments

The Construction of COUPLAND STREET – 273 FLATS is About to Finish

Fast Bridging Loans News:-The project COUPLAND STREET – 273 FLATS is about to finish in Coupland Street, Boundary Lane and Burlington Street, Hulme, Manchester, Greater Manchester, M15 6HN. The council of Manchester is responsible for governing the construction of this project. The project has started in the May of 2018 and is nearing its end in November of 2019. The total floor area being used is 1716 sq. meters and the total site area used is 7100 sq. meters. There [...]

By |2021-11-13T10:30:10+00:00April 3, 2019|Projects, Blog, Finance News, Planning News|0 Comments