A decline in repair and maintenance led to a 0.8% drop in construction output levels in the three months to August 2017. Repair and maintenance fell by 0.6% and all new work which fell by 0.9% […]
BrickVest, an online real estate investment platform, has received the final close of its second fundraising round with £7m, which represents one of the largest growth stage fundraisers in the proptech sector. The lead investor […]
Black Book Finance has completed a development finance transaction for £13.6m with Shawbrook Bank. The transaction was for the purchase of an office block with consent to be converted into 74 residential units. Shawbrook agreed […]
LendInvest has launched a property development course in partnership with the National Association of Consumer Finance Brokers exclusively for its members. The course will outline what it takes to make small-scale developments run smoothly, as […]
A lack of available small sites and development finance top the list of barriers to delivering new homes, according to the House Builders’ Survey 2017. The survey by the Federation of Master Builders has found […]
Amicus Property Finance completed a deal with the Ladson Group to purchase two previously council owned commercial buildings in Preston. Winckley House has now obtained planning permission to be converted into 76 apartments, with 34 […]
Amicus Property Finance has had a record month of lending in July at £72m. The “confident and buoyant” short-term property lending market as well as Amicus’ expansion into Manchester are seen as key factors. Keith […]
Investec Structured Property Finance has committed to provide over £400m in senior loan facilities in the first half of 2017. Investec has lent against numerous high quality real estate schemes across the UK in an […]
Octopus Property has launched a development exit product with a pay rate of 0.58% per month, with 0.17% of the interest being deferred until redemption. The product is available up to £1m with a maximum […]
Finance 4 Business and Amicus have completed on six deals with a total value close to £12m in three days. The largest of the deals was in Suffolk with other completions being completed in the […]
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