According to Savills latest research, European real estate investment volumes are forecast to reach approximately €34bn in Q1 2024. Although still declining, the investment curve is showing signs of stabilisation. In the first quarter of this year, investment volumes for the last four quarters stand at €144bn, only slightly down from the previous four quarters […]
Hanley Economic Building Society has moved to broaden its buy-to-let proposition with the introduction of a variable discount ex-pat product and a two-year fixed rate remortgage-only deal, both available up to 80% loan-to-value (LTV). The variable discount ex-pat BTL mortgage has an initial pay rate of 5.89%, which represents a 2.60% discount from the Society’s […]
According to Savills latest European Logistics Outlook, take-up of industrial & logistics space across the continent totalled 28.8 million sq m in 2023, signifying a decline of 24% when compared to 2022. However, despite this slowdown take-up remained 9% above the five-year pre-pandemic average, suggesting higher levels of activity relative to the previous decade even […]
Analysis of a sample of the largest public deals for prime office space in H2 2023 across Savills prime office costs markets shows that 85% were for the same amount or more space, and that the tech sector was the second most acquisitive type of occupier, defying expectations that companies are surrendering space and that […]
According to Savills latest research, intra-European cross border investment remains the dominant source of cross border capital, accounting for just over half of all cross-border volumes in 2023. This is the equivalent of €34bn and included significant investments from French and Spanish buyers in neighbouring countries who are expected to remain active this year. The […]
Hodge has made significant enhancements to its 50+, Retirement Interest Only (RIO) and Holiday Let Mortgage property criteria. The specialist lender has introduced a range of updates providing even greater flexibility for brokers working with customers who are looking for products in these areas. The enhancements include the provision of loans on flat roof buildings […]
Aspen Bridging has realised a landmark £500m in total lending from when the business was founded in 2017 by Ed Ahrens, CEO and Jack Coombs, managing director. Broken down, the lender‘s Heavy Refurbishment product accounted for 36% of deals, representing £185m. All projects were overseen by Aspen’s in-house monitoring team who work closely with borrowers […]
Bridging loan books hit another record high in Q4 2023, according to the latest data from the Association of Short Term Lenders (ASTL). The figures, compiled by auditors from data provided by members of the ASTL, show an increase in completions in the fourth quarter of 2023, rising by 18.4% on the third quarter of […]
InterBay, part of the leading specialist lender OSB Group, has reduced rates across semi-commercial products to help support those looking to purchase and remortgage. InterBay’s Core and Select ranges includes reduced rates across 2 year and 5 year fixed semi-commercial products available at 65% LTV and 75% LTV. The Select range is available to a […]
An Edinburgh-based property investment group has secured a £530,000 funding deal to both acquire a grade B listed building in the Leith area of the city for hotel redevelopment and also complete the major refurbishment of a new boutique hotel. Archibald Marckay Group has utilised the facility provided by alternative finance lender Reward Finance Group […]
