The growth of P2P Lending: Property Development

Since the 2008 financial recession, the restrictions that mainstream financial institutions are putting on their loans and their potential successful applicants are growing. As a result, property developers are searching for alternative funding options, which has led to a growth in peer-to-peer lending and crowdfunding options, such as bridging loan finance. The recession left an ideal [...]

UK house prices are going up, despite Brexit uncertainty and possible interest rate rises

Homeowners across the UK have had an average of £7,500 added to the value of their property over the past year, and experts expect house prices to continue to rise in the country's more affordable areas. The national average sold house price is now £225,000, which is 4.4% higher than a year ago, according to the latest [...]

High value deals boost Scottish property investment figures

Investment in Scottish property in the first quarter of 2018 reached £608 million, significantly ahead of the five-year average of £546m. The latest research from CBRE Scotland, a commercial property consultancy, reveals that investment in the first quarter of the year was led by a smaller number of high-value deals with the total of £608m achieved across 28 transactions, [...]

Over-50s hold 75% of Britain’s housing wealth

Homeowners over the age of 50 hold 75% of Britain's housing wealth, according to new research, revealing the huge generational divide in the property market. Older owner occupiers hold a total of £2.8 trillion in equity, equivalent to more than £75 in every £100. By comparison, the under 35s account for less than £6 in every £100 [...]

New home completions in England have increased strongly

New home completions in England have increased strongly year on year although starts have stuttered slightly and fell back year on year, according to the latest figures from the Ministry of Housing, Communities and Local Government. On a quarterly basis, new build starts in England were estimated at 41,280 in the fourth quarter, up 5% [...]