The Help to Buy equity loan scheme funded new builds that wouldn’t have got off the ground otherwise, the government said.
Buy-to-let investors are pushing house prices up by rushing to market before the 3% stamp duty surcharge comes into force, a Royal Institution of Chartered Surveyors residential market survey said.
Investec Private Banking is hosting a broker event on March 3 to shed light on the prime central and wider London property market.
Three hedge fund managers have bet on the prime London market tanking by shorting Berkeley Group, the Financial Times has reported.
Finding hotspots where house prices aren’t inflated will be the main challenge for landlords in 2016, Simon Bayley, commercial director at Foundation Home Loans, has said.
The Financial Conduct Authority has urged the European Commission to redefine ‘foreign currency loan’ in the Mortgage Credit Directive.
Ortus Secured Finance, the London-based commercial lender, has raised a new fund to lend £40m to leisure businesses across the UK and against Northern Irish commercial property.
Shawbrook Bank has made its regulated bridging range available to all of its broker partners.
We are not expecting a rush of business due to landlords breaking the doors down with fresh enquiries to beat the deadline.