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Independent housebuilder the Edenstone Group doubled its turnover to £39.4m in the year to April 2019. What is more the group expects to double turnover again to £80m by the 2020-2021 financial year. Martin Taylor, managing director of the Edenstone Group, said: “The year ended April 30, 2019 was hugely successful for the Group, with […]
The post Edenstone doubles turnover appeared first on PropertyWire.
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Just over half (51%) of managers and executives in the property and construction industry want a Conservative Party-led government. The Labour Party ranks second with 23%, followed by the Liberal Democrats at 19%. Keith Griffiths, managing director of Built Environment Networking, said: “The majority of property and construction industry leaders feel that the Conservative Party […]
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The attractiveness of higher risk and niche business areas to mortgage lenders is set to increase in future, UK Finance has predicted. In its study, The Changing Shape of the UK Mortgage Market, co-authored by Hometrack, the trade body predicted that the flat nature of mortgage debt will result in this trend. UK Finance said: […]
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Last week we heard about fresh developments from both Taylor Wimpey and Barratt Homes, which comes as a welcome reminder that not every property-based firm is being put off by the political instability that the UK has suffered for years now. We also saw that more renters had to cope with rent hikes this year, […]
The post General Election 2019: The moment of truth appeared first on PropertyWire.
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The former chief operating officer of Barclays Mike Bagguley has invested an undisclosed sum into Dashly. Dashly provides brokers with a whole of mortgage market comparison service, using credit reference agency, current account, house price and up-to-date mortgage balance (i.e. LTV) data to look for opportunities for their clients to save money. Mike Bagguley, Dashly, […]
The post Former Barclays COO invests in Dashly appeared first on PropertyWire.
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House prices rise by 2.1% annually to £234,625 in November 2019, Halifax’s house price index has revealed. Prices rebounded in November, rising by 1% from the month. Russell Galley, managing director, Halifax, said: “While a degree of uncertainty remains evident, it’s also clear that buyers and sellers are responding to factors such as improved mortgage […]
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Buy-to-let lender Landbay has exited the peer-to-peer market and will now solely use institutional funding. The lender said it will continue to fund buy-to-let and focus on expanding its presence with the mortgage intermediary sector. John Goodall, founder and chief executive of Landbay, said: “Landbay’s future is incredibly exciting as we see opportunities to grow […]
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The Aberdeen property market had a strong third quarter, according to property consultancy Galbraith. Galbraith’s Aberdeen team handled a year-on-year increase of 44% more property sales this quarter compared to the same quarter last year. The number of applicant registrations was also up by 4% on the previous quarter of this year. Hannah Christiansen, head […]
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TSB has become the first major lender to adopt Lender Connect mortgage broker technology from Iress. The platform is said to improve efficiencies by creating a frictionless journey when going through brokers. TSB has been looking to recover in 2019 after suffering a much publicised IT meltdown in 2018 which cost the bank £330m. Roland […]
The post TSB signs up with new Iress technology appeared first on PropertyWire.
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Mixed-use property developer Rockwell has partnered with Gateway Housing Association to deliver so-called affordable housing at its landmark development at 82 West India Dock Road in London’s Westferry. The 30-storey hotel and residential building adjacent to Westferry DLR station, at the gateway to Canary Wharf, is due to start construction shortly. It will be completed […]
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