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Government pledges huge reforms for UK leaseholders

Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero ground rent, the Housing Secretary Robert Jenrick announced on 7th January. These new measures come as part of the biggest reforms to English property law in over 40 years, fundamentally making homeownership fairer and more secure. These reforms are welcome news for many This news has been welcomed by many, with Richard Beresford, Chief Executive of the National Federation [...]

By |2024-07-03T06:11:37+00:00January 19, 2021|Blog, News, Uncategorized|0 Comments
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Northern Ireland shows 5.2 per cent house price rise for June

Development Lenders News:- UK house price growth for June remained modest with a year-on-year rise of 0.5 per cent bringing the average price of a home to £216,515. The Nationwide's house price index showed a 0.1 per cent month-on-month rise for June with increases in England subdued largely due to poor performance in the South East. Nationwide's chief economist, Robert Gardner, said this was the seventh consecutive month where house price growth remained below 1 per cent. "Survey data suggests [...]

By |2021-11-13T10:46:04+00:00July 2, 2019|Uncategorized, Blog, Finance News, Planning News, Projects|0 Comments
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Foxley Lane Construction Approved

The project 1 – 9 FOXLEY LANE – 44 FLATS has been approved for construction and the construction is to happen at 1 – 9 Foxley Lane, Purley, Surrey, CR8 3EF. The council of Croydon will be looking after the construction of this particular project. The total site area equals to 1600 sq m and there will be only 1 structure that is going to be constructed on it. There will be a total of 49 units that are going [...]

By |2021-11-13T10:46:11+00:00July 2, 2019|Uncategorized, Blog, Finance News, Planning News, Projects|0 Comments
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The GREAT WESTERN PARK Project Receives Approval

A brand new project, better known as the GREAT WESTERN PARK Project will soon come up on the site West of Didcot, Btwn A4130 and Park Road to both North and South of B4493, Wantage Road, Oxford, Oxfordshire, OX110AG, according to the confirmed reports. As per the detailed planning of this project, the construction will develop a four-storeyed structure featuring a total of 3200 units. These units will grant space for both residential as well as commercial use. The building [...]

By |2021-11-13T10:28:06+00:00March 19, 2019|Uncategorized, Blog, Finance News, Planning News, Projects|0 Comments
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The Building of HARLOW PRIORITY ESTATES – is About to Start

Commercial Property Loan News:- At The Briars, Aylets Field, Copshall Close, Harlow, Essex, CM18 7DG the construction of HARLOW PRIORITY ESTATES - THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD is about to start. The detailed planning approved [(TP ref HW/PL/15/00229)-OJEU Ref 2015/S 109197564]. As of now, the estimated finance value stands at £54M. The total duration of the construction period will roughly extend to 60 months. With an entire site area of 5.696 Ha, the construction will be on a [...]

By |2021-11-13T10:28:32+00:00March 16, 2019|Uncategorized, Blog, Finance News, Planning News, Projects|0 Comments
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Construction of MARHAM PARK -186 HOUSES & 12 APARTMENTS has started

Property Bridging Loan News:- The construction of MARHAM PARK, PARCELS J & N-186 HOUSES & 12 APARTMENTS has been started at Marham Park, Parcels J&N, Nw/O Bury Tut Hill, Fornham Ali Saints, Bury St. Edmunds, and Suffolk, IP28 6LG. The project has started as recently as January 2019. It will consist of a total of 190 units, with 186 houses. It is consisting of 2 bedroom, 3 bedroom and 4 bedroom flats. These houses are to be distributed among 12 [...]

By |2020-01-25T16:22:15+00:00March 8, 2019|Uncategorized|0 Comments
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Prefab Homes Set to Become the Answer to UK’s Housing Shortage

UK Housing Loan:- The UK seems to be dragging its heels when it comes to building homes off-site while Canada, Japan and Scandinavia have enthusiastically embraced the concept. We've been reluctant to stray from the comfort of solid bricks and mortar to timber framed homes where kitchen or bathroom modules are built in factories and slotted in. Perhaps it's that negative memory of post World War Two prefabs hastily put up in the 50s and 60s to solve our housing [...]

By |2024-06-26T07:38:45+00:00January 31, 2019|Uncategorized, Blog, Finance News, Planning News, Projects|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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