Lender provides £7.9m bridging loan for Mayfair property
FRP Real Estate Advisory has arranged a £7.9 million acquisition bridging loan with commercial lender CSBF to fund the purchase of a mixed-use property in Mayfair, London. The facility was…
Five English properties with garden-facing kitchens listed
Five properties across England featuring kitchens with direct garden access have been listed for sale, ranging from £650,000 to £2.5 million, according to estate agent listings. The properties span locations…
Stow Brothers to open Islington office this summer
Independent London estate agency The Stow Brothers will open a new office on Upper Street in Islington this summer, expanding its presence beyond its existing East London and West Essex…
UK housing market shows resilience amid inflation uncertainty
The UK housing market remains in a holding pattern as inflation and interest rate uncertainty continue to shape buyer and seller behaviour, according to analysis of recent market indices. Inflation…
Spanish investor secures £1.2m Chelsea bridging loan
A Spanish-based property investor has secured a £1.2 million bridging loan against a Chelsea buy-to-let property, allowing them to refinance an expiring mortgage facility whilst releasing capital for a hospitality…
Specialist lender completes £2.9m bridging deals
Specialist bridging lender TAB has completed two bridging finance transactions totalling £2.9 million for properties in Oxfordshire and Kensington, both introduced through the same broker, Prism Private Finance. The first…
Lendhub provides £1.22m for Havering housing scheme
Specialist property finance lender Lendhub has completed a £1.22 million development finance facility for the construction of two four-bedroom semi-detached houses in the London Borough of Havering. The 18-month facility…
Two in five leaseholders report unexpected service charge rises
Forty percent of leaseholders have experienced unexpected increases in their service charges, according to a survey of 2,000 leaseholders published in a new report. The research found that service charges…
Property fraud cases reach 55 in 12-month period
Criminals impersonating homeowners to sell properties fraudulently or secure mortgages were recorded in 55 cases over a 12-month period, according to figures obtained under the Freedom of Information Act from…
Property agency owners pursue new ventures after business sales
A business sales broker specialising in the property sector has revealed patterns emerging among agency owners following the sale of their businesses, with many pursuing second careers rather than retirement.…