Tagged: housing

September 25, 2023 @ 11:57 pm By Omar Faridi  |  

KPMG has shared its economics report which finds house / property prices are expected “to rise gradually over next nine months and then surge in FY25.” In Australia, home / real estate prices will “rise nationally by 4.9% over the next 9 months and then… Read More

June 1, 2023 @ 11:30 am By JD Alois  |  

In recent days, Elon Musk tweeted that “commercial real estate is melting down fast. Home values next,” in response to a Tweet about the rapidly declining value of office real estate in Los Angeles and San Francisco, which is selling for less than the amount… Read More

May 12, 2023 @ 5:17 pm By Omar Faridi  |  

Aspiring homeowners can improve their chances of getting on the housing ladder thanks to Open Banking and “to extra evidence of a borrower’s good financial track record being factored into mortgage checks by a leading lender.” Leeds Building Society has reportedly “become the first UK… Read More

October 20, 2022 @ 9:28 am By JD Alois  |  

Rising interest rates, giga-high inflation, and a wobbly economy is having a profound impact on the housing market, according to data from  Proptech Redfin (NASDAQ: RDFN). The company reports that home sales and listings in the US have tanked by 20% during the month of… Read More

June 22, 2022 @ 11:26 am By JD Alois  |  

JP Morgan (NYSE:JPM), is slashing jobs in its mortgage business as the economy slows and demand for mortgages slows, according to a report by Bloomberg. JP Morgan is an enormous financial services firms with $4 trillion in assets and a significant home lender. The report… Read More

December 12, 2021 @ 2:09 pm By Omar Faridi  |  

UK’s P2P lender Blend Network notes that as we approach the year-end, they wanted to do a “throwback to some of the landmark projects we funded in 2021.” The Blend Network team writes in a blog post that they have shared some of the schemes… Read More

December 6, 2021 @ 8:59 am By Omar Faridi  |  

GO MODULAR, which aims to create low impact, “bespoke,” modular housing solutions for small and medium-sized developments, has acquired 93% (£304,613) of its £325,000 fundraising target from 284 investors via Crowdcube with 17 days left in the platform’s crowdfunding campaign. GO MODULAR or GM explains… Read More

August 3, 2021 @ 10:36 pm By Omar Faridi  |  

ABN Amro (AMS: ABN), a Dutch bank with headquarters in Amsterdam and currently the third-largest bank in the Netherlands, will be offering clients a sustainability discount on mortgage interest rates for energy-efficient homes. ABN Amro‘s management noted that they will be using the EU’s Energy Label… Read More

October 14, 2019 @ 10:10 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has expanded its strategic e-payments partnership with MRI Software, a real estate software solutions provider. AvidXchange reported that as part of the enhanced partnership, it and… Read More

April 18, 2018 @ 10:20 am By Samantha Hurst  |  

The House Crowd, a UK property crowdfunding platform, announced on Wednesday raised just over £1.3 million over a 24-hour period for housing developments in Lees, Greater Manchester. The funding portal reported that this is the first time it has broken the £1 million mark in a day…. Read More

February 1, 2018 @ 8:21 am By Samantha Hurst  |  

  On Wednesday, peer-to-peer lender Assetz Capital announced it cautiously welcomes Sajid Javid’s proposed housing intervention. According to the lending platform, the Secretary of State for Housing, Communities, and Local Government revealed that government will play a more active role in stopping property developers from hoarding land,… Read More

August 3, 2017 @ 1:24 pm By Samantha Hurst  |  

nHouse,  a new modular housing brand designed by architect Richard Hywel Evans, has successfully secured its £495,000 equity crowdfunding campaign target on Crowdcube. The company launched the funding round last month and sought the funds in order to finish its prototype and secure its global intellectual property rights…. Read More

July 25, 2017 @ 9:09 am By Samantha Hurst  |  

nHouse,  a new modular housing brand designed by architect Richard Hywel Evans, has launched an equity crowdfunding campaign on Crowdcube, seeking £495,000 to finish its prototype and secure its global intellectual property rights. According to the company, the ‘n’ in its name stands for new, is an… Read More

May 26, 2017 @ 7:45 am By JD Alois  |  

The UK housing market has struggled for years as high demand has challenged supply. The markets have reacted naturally by driving housing costs up. Home buyers and renters have struggled to keep up. London has become one of the most expensive property markets in the… Read More

March 28, 2017 @ 5:35 am By Erin Hobey  |  

LendInvest, a leading UK online property finance lender, is launching the LendInvest Property Development Academy in four more key cities around the country following overwhelming demand for its London & Southeast courses. “There are no quick fixes to our national housing crisis, but by equipping… Read More

February 3, 2017 @ 1:45 pm By JD Alois  |  

The UK government is expected to publish soon a White Paper on the UK housing challenge. Housing starts are at an all time high but hurdles remain as demand continues to outstrip supply. Expectations are for “radical plans” to be outlined to help the government… Read More

January 14, 2017 @ 11:10 am By Samantha Hurst  |  

Earlier this week, Grand Designs presenter and designer Kevin McCloud launched a mini bond campaign for his latest sustainable housing project, HAB Housing. Within a matter of days, the initiative successfully secured its initial funding target of £1 million.  McCloud and his team stated: “We create homes that… Read More

December 2, 2016 @ 7:56 am By Jessica Pham  |  

British Chancellor of the Exchequer Philip Hammond delivered the annual autumn statement late last month and underlined the UK’s numerous economic weaknesses that the Brexit vote only enunciated.  As Brexit negotiations continue between now and 2019, Britain will have to tackle its poor productivity record, particularly… Read More

March 9, 2015 @ 10:45 am By JD Alois  |  

Pocket, a new type of property developer, is seeking a raise of £1.5 million on Crowdcube offering investors the ability to earn 7.5% gross interest rate starting at £500.  The “Pocket Bond” is set for a 4 year term at which time investors may choose… Read More

September 26, 2014 @ 10:00 am By Samantha Hurst  |  

Protests broke out in Los Angeles and at least ten other cities nationwide earlier this month when community organizations voiced their opposition to HUD’s Distressed Asset Stabilization Program, which the Los Angeles Times reported on September 10th. Protestors are calling for HUD to stop the sale of… Read More