House price growth dips in July

Commercial Property Finance:-:- House prices dropped marginally in July by 0.2 per cent compared with the previous month, according to the Halifax house price index. This was the second successive month of a fall with June's figures 0.4 per cent down on the previous month. https://www.youtube.com/watch?v=BqZlmQWersU&t=12s However, for the three months leading up to the end of July there was a year-on-year growth of 4.1 per cent bringing the average UK house price to £236,120. Halifax managing director, Russell Galley, [...]

By |2021-11-13T10:52:47+00:00August 7, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Lending volumes on commercial property for 2018 rose significantly

Construction Loans News:- New commercial property lending reached £49.6bn in 2018 - a 12 per cent rise despite property deal volumes dropping by 13 per cent, according to the findings of a new report. The Cass Business School UK Commercial Real Estate Lending Report showed new development finance hit £8.8bn with residential development accounting for the largest slice at £5.2bn. However, this was £1bn less for new residential development finance than in 2017. Lenders also mentioned that developments of private [...]

By |2021-11-13T10:37:45+00:00May 1, 2019|Blog, Finance News, Planning News, Projects|0 Comments