The Nottingham introduces 10-year fix


The Nottingham is launching a 10-year fixed rate residential mortgage, with an interest rate of 2.30% with no fee and maximum loan-to-value of 70%. The mortgage is available on properties up to £750,000 when valued by The Nottingham’s automated valuation method (AVM), an interim process. Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: […]

The post The Nottingham introduces 10-year fix appeared first on PropertyWire.



Source link

Prospect Homes returns to work today


Construction teams started returning to work at housebuilder Prospect Homes today. Site managers are preparing for the return of construction teams by taking action like installing additional safety signage. Construction works will restart with a reduced workforce and additional safety measures from Wednesday. The Liverpool-headquartered firm has sites across the North West including Rose Gardens […]

The post Prospect Homes returns to work today appeared first on PropertyWire.



Source link

People still investing in the Netherlands


Some €800m was invested in the Dutch residential housing market in the past six weeks despite the COVID-19-induced downturn. Both Dutch and international investors have gotten involved, with many investing in rental homes, the report from Real Estate consultant Capital Value found. Though people have been urged to stay indoors, the government in the Netherlands […]

The post People still investing in the Netherlands appeared first on PropertyWire.



Source link

European rental price growth slows


Rental price growth across Europe has started to slow due to COVID-19, research from accommodation marketplace HousingAnywhere has revealed. Between Q4 2019 and Q1 2020 rental prices fell by 0.1% in Barcelona (pictured), the first time the city has seen a fall since 2013. In London quarterly rental growth was 0.5%, the smallest increase seen […]

The post European rental price growth slows appeared first on PropertyWire.



Source link

Lenders provide over £4bn to SMEs through COVID-19 scheme


The banking and finance sector has provided over £4.1bn to SMEs so far through the Coronavirus Business Interruption Loan (CBIL) scheme, UK Finance revealed. Over £1.33bn of loans were approved from 21 April to 28 April 2020. There were 8,638 loans approved over the period, bringing the total to 25,262. Stephen Jones, chief executive of […]

The post Lenders provide over £4bn to SMEs through COVID-19 scheme appeared first on PropertyWire.



Source link

People still investing in the Netherlands


Some €800m was invested in the Dutch residential housing market in the past six weeks despite the COVID-19-induced downturn. Both Dutch and international investors have gotten involved, with many investing in rental homes, the report from Real Estate consultant Capital Value found. Though people have been urged to stay indoors, the government in the Netherlands […]

The post People still investing in the Netherlands appeared first on PropertyWire.



Source link

Equity release activity soared before the lockdown


There was £1.06bn of equity release activity in Q1 before lockdown took effect, data from the Equity Release Council shows. This represents a rise of 14% from the £936m recorded over the same period last year. It was driven by strong consumer confidence in early 2020 after the general election. David Burrowes, chairman of the […]

The post Equity release activity soared before the lockdown appeared first on PropertyWire.



Source link

Portcullis House in Glasgow comes to market


Glasgow’s Portcullis House is up for sale, which has just shy of 100,000 square feet of office space. The development has six upper floors and a short-term lease until 1 April 2021. Andy Cunningham, a senior director at CBRE, said: “The launch to the market of Portcullis House represents an exceptionally rare opportunity to secure […]

The post Portcullis House in Glasgow comes to market appeared first on PropertyWire.



Source link