Development Finance From Experienced Lenders

You may have heard that one of the largest business peer to peer (P2P) lenders, Funding Circle has pulled out of development finance. It’s not just development, they are pulling out of the property sector altogether. While they are honouring current business, new enquiries or those applications that are not formally under way are now […]

London House Prices

Prices in prime areas of central London have risen 53% since the first quarter of 2009, only being out performed by 3 major global cities. A major component of this is the continued expansion of demand for London property from international buyers. Buyers from abroad account for 51% of the purchases of properties selling for […]

Buy to Let lending grew again in Quarter 3, 2012

The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2 billion, an increase of 8 per cent over the £3.9 billion advanced in the preceding three months, according to the latest data published by the Council of Mortgage Lenders. The number of loans advanced in the three months to the […]

Bank Net Lending up by £7.5bn

Banks’  net mortgage lending has risen to £7.5 billion in October, a report from the British Bankers’ Association (BBA) has shown.   Net lending in October has risen by £0.2 billion, compared with last month’s total of £7.3 billion.   Net lending, which represents the different between gross lending and capital repayment, has also grown by 0.4 […]

Housing market up, Development sector struggles.

Following on from the news that the UK economy had returned to growth with a 1% rise, the Nationwide has released its figures showing that house prices also went up in the month of October, by  0.6% This is a rise that has come after 3 months of decline and must be welcome news to […]