Construction software company COINS has integrated with Yourkeys, a platform designed to accelerate the time to exchange. The partnership should mean it will be easier for home builders to review sales progress, as real-time customer information will be available within COINS – from digitally signed agreements to sales progress and reservation reports. Duane Wingell, managing […]
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Alpamint Capital, a London-based private investment, development and consulting company, has pledged to build 5,000 affordable homes in the capital over the next decade. The company has specifically earmarked airspace development, whereby unused space on rooftops of existing buildings is converted into new properties, as a key technique in realising its ambitions. It is now […]
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Some 31% of overseas investors said that real estate and construction would drive UK growth in the future, up from 10% in 2019 – the highest increase of any sector. Real estate and construction is now in the top-three most attractive sectors, behind only digital (seen as driving future UK growth by 50%) and health […]
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James Liddiment is managing director of real estate advisory group, Duff & Phelps Tenants, particularly those operating in the leisure and hospitality industry, will have welcomed the announcement on September 16 confirming the COVID-19 forfeiture moratorium will now run until the end of 2020. The extension was no great surprise, with increasing local lockdowns and […]
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The speed of the UK’s economic recovery from coronavirus fell behind the global benchmark in October for the first time since June 2020, the Lloyds Bank UK Recovery Tracker found. Real estate (52.4%) dropped below the benchmark in October, along with beverages and food (43.5), household goods (45), technology equipment (52.7), chemicals (51.9), real estate […]
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Legal & General Capital (LGC) has launched a Suburban Build to Rent (SBTR) business, which will develop large scale ‘single family’ rental communities across the UK. The housing arm will partner with UK housebuilders and undertake a direct delivery programme to bring forward in excess of 1,000 homes each year from 2024. Nigel Wilson, chief […]
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UK buy-to-let lender Landbay has launched two ‘large loan’ buy-to-let products with loan sizes of up to £2m, an increase from £1.5m. The products are 2 and 5-year fixed rates to 65% LTV, a 2-year fix at 3.35% and a 5-year fix at 3.55%. These are the same rates as the equivalent 70% LTV products. […]
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Build to Rent developer Placefirst has submitted a planning application for 370 homes in the heart of Wolverhampton’s Canalside Quarter. The £65m proposal is a residential scheme located close to the city’s new £150m transport Interchange on land off Lower Horseley Fields in the city centre. The scheme, which will include the restoration of heritage […]
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Alpa Bhakta is chief executive of Butterfield Mortgages Limited Over the last decade or so, the prime central London (PCL) housing market has undergone a significant transformation. An influx of foreign investment and successfully executed development schemes has resulted in a market alive with activity. As a result, the PCL has become a vital part […]
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Mortgage lenders have extended mortgage payment holidays until 31st July 2021 for those whose finances have been affected by the pandemic. People have until 31st March 2021 to apply, while they need to do so before 31st January to get a six-month deferral. Those who have already taken a six month payment holiday are ineligible, […]
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