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Edinburgh bucks national trend with 3.4 per cent house price increase

House prices in Edinburgh showed a 3.4 percent year-on-year rise for the third quarter, July to September, according to the latest Knight Frank index. The estate agent said the figures were in contrast with those across the UK where average house prices have fallen by 1.7 percent. https://www.youtube.com/watch?v=gZkYeRN7z9k Although house price growth in Edinburgh was down from 10.5 percent annual growth at this point last year, said Knight Frank. Knight Frank associate, Oliver Knight, said: "Political rhetoric has ramped up [...]

By |2021-11-13T10:53:34+00:00October 8, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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New build starts in England down by 9 per cent

Commercial Loans News:- The number of new build homes fell for the first quarter of 2019, although completions were up on a year ago, according to government figures. The House building; new build dwellings, England: March Quarter 2019 figures estimate 36,630 homes were  built in the quarter to March 2019. This was  a 9 per cent drop on the three months to December 2018 and a 9 per cent decrease on the same period for the previous year. Starts were [...]

By |2021-11-13T10:45:37+00:00July 5, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction detail of 54 MARSH WALL – TOWER HAMLETS is approved

Residential Bridge Loans News:- The details have been approved of the 54 MARSH WALL – TOWER HAMLETS at 54 Marsh Wall, Poplar, London, E14 9TP. The council of Tower Hamlets will be governing the construction of this project. The project is scheduled to start by the April of 2021. The estimated time period for the construction is 36 months, and the project is expected to be completed by the April of 2024. The total site area of the project is [...]

By |2021-11-13T10:38:49+00:00April 25, 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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X1 SOUTH BANK Project Construction to Start Soon in West Yorkshire

Bridging Finance News:-West Yorkshire will be soon witnessing a new project, popularly known as the X1 SOUTH BANK Project. The site of this project has been planned to be 123- 125 Hunslet Road, Hunslet, Leeds, and West Yorkshire, LS10 1LD. By the project scheme and in-depth planning, there will be a total of five structures of 20 storeys. The construction will take place on a site area and floor area of 2.42 Ha and 750 square meters respectively. As per [...]

By |2023-02-23T14:40:28+00:00March 24, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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TIB STREET, MANCHESTER – 183 FLATS / 4 RETAIL UNITS is About to Start

Property Bridging Loan News:- At Tib Street, Manchester, Greater Manchester, M4 1LG the construction of TIB STREET, MANCHESTER - 183 FLATS / 4 RETAIL UNITS is about to start. The detailed planning is approved (TP ref 114146/FO/2016). As of now, the estimated value stands at £28M. The total duration of the construction is about to 19 months. With an entire site area of 2777 Sq. M., the construction is of 1 building, and the building will have 9 Storeys. There [...]

By |2021-11-13T10:28:38+00:00March 15, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is being Constructed

Bridging Loans News:- The construction of GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is underway at 45-59 Millharbour, 2-4 Muirfield Crescent & 16, 21 & 23-39 Pepper Street, Poplar, London, E14 9TD. The plan is to construct 3 mixed use buildings. The value stands at £150M. The whole of the construction is to be governed by the Tower Hamlets council. The approximate duration for which the project will continue is 30 months. With a floor area of 7362 sq. [...]

By |2021-11-13T10:24:17+00:00March 11, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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UK Economy Missing Out on £250 Billion from female start-ups

Commercial Finance News:-Major lenders are signing up to a new code for investing in women to help increase the number of female entrepreneurs by 600,000 within the next ten years. The Treasury announced the code following the publication of the Rose Review released on March 8 to coincide with international women's day. So far key lenders including Lloyds, Royal Bank of Scotland, the UK Business Angels Association and UK Finance have signed up. Prime Minister Theresa May said: "I am [...]

By |2021-11-13T10:24:40+00:00March 9, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction Industry Piles Pressure on May to Avoid a ‘no deal’ Brexit

Construction Finance News:- Job losses, business failures and a sharp dip in building activity would happen if the UK leaves the EU without a deal, warn construction trade bodies. The sector's four leading organisations wrote an open letter to the Prime Minister, Theresa May, on Wednesday, February 27,  spelling out the dangers of exiting with no agreement. Construction Finance "Leaving in an unplanned way could lead to a fall of at least 4 per cent this year and 2 per [...]

By |2021-11-13T10:19:53+00:00February 27, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Repossession Claims Increase After Decades of Going Down

Online Development Finance:- Mortgage repossessions claims in county courts jumped by 30 per cent in the final quarter of 2018  compared with the previous year, according to Ministry of Justice figures. Mortgage orders, warrants and repossessions by county court bailiffs have risen by 29, 30 and 5 per cent respectively. Repossessions from October to December 2018 increased to 1,046 - a rise of 5 per cent compared to the same period in 2017.  However, this was a similarly low figure [...]

By |2021-11-13T10:20:15+00:00February 23, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Demand Outstrips Supply for Prime Office Space in Leeds

Commercial Property Finance News:- Leeds success as a magnet for media and tech companies means prime office space is set to command record rentals, claims Savills. The estate agency said office supply has been falling since 2015 with 2018 seeing a 31 per cent drop and a 9 per cent decrease in grade A premises. Commercial research associate director, Clare Bailey said: "It's a very desirable city and rents are very competitive. It's a good place to build new offices [...]

By |2021-11-13T10:20:22+00:00February 22, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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The CIRCLE SQUARE Project Walks Towards Completion

Commercial Finance News:- Bruntwood Estates Limited and Select Property Group would be soon coming up with a fully developed new project in Greater Manchester. This project will be developed on the site- Former Bbc Site New Broadcasting House, Oxford Road, Manchester, Greater Manchester, M60 7HB. According to the granted project plan, the construction would develop 2 structures of 36 storeys each with 1 storey below the ground. This building would feature a total of 411 units for residential as well [...]

By |2021-11-13T10:20:46+00:00February 19, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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