Development Finance

Aldermore more than doubles maximum development loan size

9th January 2018 0

Aldermore has increased its maximum property development loan size from £10m to £25m. The bank said the move is a response to increased demand from developers looking to borrow through tailored financing facilities. Simon Knowles, […]

Bridging

Developers massively overpaying on interest

3rd January 2018 0

Developers are squandering £20m a year on interest they don’t need to pay, research from specialist packager Thistle Finance has revealed. Companies take out development finance loans for the duration of their builds. However, once […]

Development Finance

Octopus Property funds development deal

15th December 2017 0

Specialist property lender Octopus Propert will provide an 18 month, senior debt facility of over £20 million to London-based developer Ktesius Projects, to build 70 residential units in Brighton. They have started building the seven […]

Bridging

Number of potential self-builders up by 80%

4th December 2017 0

The number of people wanting to build their own home has increased by 80% over the past year,  research by the National Custom and Self Build Association (NaCSBA) has found.  Some 33,000 have signed up to […]

Commercial Finance

Construction output on the rise but commercial still weak

4th December 2017 0

UK construction activity recovered in November with output rising at the fastest rate for five months however the commercial sector is still shrinking, the latest IHS Markit/CIPS PMI has revealed. The November IHS Markit/CIPS Construction […]

Bridging

Oblix Capital completes £1.4m re-bridge

21st November 2017 0

Bridging and development lender Oblix Capital has completed a ‘complicated’ £1.4m residential bridging loan secured against a freehold house in a pedestrianised mews in London’s Fitzrovia area. The bridge was for 12 months and provided […]

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