Bespoke property developer, Featherstone Homes, has successfully transformed a former MOT garage and bus depot into new homes and commercial units in a £9.1m redevelopment project. South London-based Featherstone’s flagship scheme in Streatham comprises of 30 new homes with new commercial spaces at ground floor level. Previously a collection of single-storey light industrial buildings, the […]
Data published today by Andrews, the south of England property group, shows instructions and viewings were up substantially in July 2020, as the stamp duty holiday announced by the government early in the month gave the market a welcome shot in the arm. Viewings were up 29% last month compared to June 2020, with physical […]
Aspen Bridging took just five days to move a £193,450, 73% loan-to-value auction purchase application from illustration to completion, ensuring the first-time commercial investors saved their £26,500 deposit. The property, a three bedroom detached house in Hall Green, Birmingham was secured at £265,000 with the brothers, making their initial foray into property investment, planning light […]
Hotel Earls Court is a 17-room well-established hotel comprising single, double, and triple room accommodation arranged over a lower ground and three upper floors. On the lower ground floor, there is a comfortable residents’ lounge and a circa 22 cover breakfast room which extends out on to a conservatory. The kitchen is located to the […]
Derbyshire-based short-term commercial finance company, Bridge Help has swelled its ranks further with the appointment of David Fielding. David joins the business as an underwriter bringing nearly 30 years’ experience in the banking sector to his new role. He began his career in banking as a clerk before moving to a customer adviser role and […]
The latest Bridging Trends report shows a 45% fall in gross bridging loan volumes in the first half of the year, as activity is dented by the Covid-19 lockdown. Over the six month period, bridging loan volumes declined by £167.88m to £202.26m, compared to £370.14m of transactions in the first half of 2019. The loan […]
Hardening yields on industrial distribution and multi-let assets, combined with signs that West End office yields may also be about to come in, keep the UK commercial property investment market on a stable footing, despite the all-sector prime commercial yield climbing slightly in July from 5.21% to 5.23%, says Savills in its latest Market in […]
A Huddersfield housing scheme powered entirely by renewable energy is now fully occupied, following the completion of a multi-million-pound project to transform an old retail centre into 29 green homes by developer and landlord Euroconnect Properties. Lloyds Bank backed the firm with a seven-figure commercial loan for the project, which includes the installation of more […]
The housing market gained momentum in July as the recovery continued, according to the July 2020 RICS UK Residential Survey. Anecdotal evidence suggests the Stamp Duty holiday, introduced from the 8th July, is playing a significant role in lifting demand. However, respondents do not expect this impetus to continue as wider government support measures begin […]
Plans to provide dozens of affordable homes on a derelict site in Lewisham as part of a £25m housing scheme have been unveiled today by developer Southern Grove. The 39 apartments in New Cross will all be available at either London Affordable Rent or for purchase through Shared Ownership. Affordability problems are particularly acute in […]
