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New housing supply falters while demand for new home grows

Housing Loan News:- Housing demand is up 26 per cent over the first few weeks of 2020 compared to the same period over the last two years claims, online property agent Zoopla. Zoopla predicts Nottingham, Edinburgh and Glasgow as the cities with the strongest prospects for 2020, indicating they will be at the top end of a narrow range of price growth for 2020. https://www.youtube.com/watch?v=lYJjPXGYWvo It’s house price track of 20 UK cities saw prices in December 2019 reached a [...]

By |2022-03-15T06:26:06+00:00January 29, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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UK house price growth stagnates in September

Bridging Loans News:- UK annual house prices rose by just 0.2 percent in September, the tenth consecutive month of increases below 1 percent, according to Nationwide's index. There was a fall in growth in September, compared with August, of 0.2 percent bringing the average UK house price to £215,352. https://www.youtube.com/watch?v=gZkYeRN7z9k Annual house price declines persisted in London and the South East with falls of 1.7 percent and 1.5 percent respectively, for the third quarter - July to September. Nationwide's chief economist, [...]

By |2021-11-13T10:54:09+00:00October 1, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Inland Revenue’s HQ in Nottingham to be turned into 332 flats

Bridging Finance News:-Iconic offices built in the 90s as headquarters for the Inland Revenue are to be transformed into 332 flats. The current owners, Mapeley Estates, have gained permission from Nottingham city council to convert the buildings designed by award winning architect, Sir Michael Hopkins, into homes. The Treasury sold the complex on sale and lease back following the merger of Inland Revenue with Customs and Excise in 2004. The five office blocks at Castle Meadow Business Park,  will be [...]

By |2021-11-13T10:48:57+00:00July 19, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Residential Developments Grow In May

Residential developments were the only part of the construction industry to grow in May, according to figures from the Purchasing Managers Index, PMI. The construction index fell to a 15-month low of 48.6 in May after rising to 50.5 in April from 49.7 in March and 49.5 in February. May’s reading of 48.6 took the index below the 50 level which indicates flat activity. Last month's growth in house building was softer than the average in 2018. Residential developments have [...]

By |2021-11-13T10:43:35+00:00June 4, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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House Prices See Quarterly year-on-year 3.2 per cent rise

Refurbishment Loans News:- House prices have rallied with a 3.2 per cent increase for the three months to March  compared with the same period in 2018, reveals the Halifax House Price Index. The first quarter of this year was 1.6 per cent higher than the final quarter of last year but on a monthly basis prices fell by 1.6 per cent in March compared with February. The average house price in the UK is now £233,181. Halifax's managing director Roger [...]

By |2021-11-13T10:29:44+00:00April 5, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Post & Mail Building Phase 2 – Project is About to Begin

The construction of The Post & Mail Building Phase 2 - 115 Flats and Offices is taking place at Former Post & Mail Printing Works, Weaman Street, Birmingham, West Midlands, B4 6AT. The reserved matters are granted(TP ref 2017/02162/PA). The Chatham Billingham (P & M) Limited is governing this construction. There will be a total of 115 units that are going to be provided, out of which first 8 floors will be for offices and above those 115 flats will [...]

By |2021-11-13T10:30:25+00:00April 2, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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West Midlands Set to Have 215,000 New Homes Soon

Development Finance News:- Chancellor Philip Hammond announced a deal has been struck for 215,000 new homes in the West Midlands over the next decade. He made the announcement in his spring statement saying a £100m land remediation fund grant would help finance the new housing. "We are working currently with 44 authorities who have bid into the £4.1 billion housing infrastructure fund, to unlock homes in areas of high demand. "We are concluding housing deals with ambitious authorities who have [...]

By |2024-06-27T02:33:30+00:00March 15, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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House Prices see Modest year-on-year Growth for Feb

Residential Development Finance News:- Annual house prices increased by just 0.4 per cent for the year finishing at the end of February 2019, according to the Nationwide index. However, there was a slight 0.1 per cent dip in house prices for February with the average figure at  £211,304 compared with  £211,996 in January. Nationwide's chief economist, Robert Gardner said: "Measures of consumer confidence weakened around the turn of the year and surveyors reported a further fall in new buyer enquiries [...]

By |2021-11-13T10:25:59+00:00March 1, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Council’s Need to Raise their Housing Delivery Game

Building finance News:- A third of local authorities failed to meet new housing delivery targets set by the government, according to the latest data. Ministry of Housing, Communities and Local Government revealed 108 authorities out of 327 were unsuccessful in meeting the new 95 per cent delivery goal. These authorities will now be asked to set out action plans to explain why they missed their targets and what they will do to remedy this. Building finance by HZA Out of [...]

By |2021-11-13T10:20:08+00:00February 24, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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New Private Housing Builds Feels Winter Chill

Equity Financing News:- New private residential developments fell by 6.8 per cent in December 2018 compared with the previous month, reveals Office of National Statistic data. Overall new house building, including public sector, dipped by 4.3 per cent with a decrease of 3.2 per cent on the same month for the previous year. Equity Financing- Latest dip in figures is likely to be short-lived House Builders Federation communication director, Steve Turner, said: "We have seen an unprecedented 78 per cent [...]

By |2021-11-13T10:21:10+00:00February 15, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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The Moxon Development Project for 79 Flats Will Cost £50M

Best Bridging Loans:- Ridgeford Developments Limited has earned our heartiest congratulation for gaining planning for the construction of a six storey building containing 79 apartments with shops restaurants, community hall and parking. The construction will include three basement levels. The chosen site for the project is Car Park, Aybrook Street, Westminster, London, W1U 4AR. The client intends to take help of Best Bridging Loans, which will allow the client to finish their current construction projects without having to worry about [...]

By |2021-11-13T10:12:11+00:00November 2, 2018|Blog, News, Planning News|0 Comments
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Leicester Square | Westminster | £150M -HZ Associates

Commercial Refurbishment Loans News: Heartiest congratulations to Radisson Edwardian Hotels Limited Head Office for gaining planning for the development of a hotel and residential units at the site Leicester Square, Panton Street, Whitcomb Street, Orange Street, Martin Street, Westminster, London, WC2H 7DT. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. Commercial Refurbishment Loans The client will begin the project in March 2017, and [...]

By |2021-11-13T09:51:19+00:00July 20, 2018|Blog, News, Planning News, Projects|0 Comments
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