Tagged: property development

September 28, 2023 @ 11:32 am By Omar Faridi  |  

The number of first-time buyers in Scotland reportedly “fell by 14% between January and August 2023, compared to the same period in 2022,” according to the latest Bank of Scotland First-Time Buyer Review. This fall is not as sharp as the picture “for the UK… Read More

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

September 24, 2023 @ 3:04 pm By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, released its 2023 marketplace resale report. Pacaso homes have historical resale gains “from the time of the ownership interest purchase to the time of reselling of more than 10%.”… Read More

September 23, 2023 @ 1:11 pm By Omar Faridi  |  

The Northern Ireland Housing Executive (NIHE) has reportedly invested more than £32m into building more than 400 new social homes in the north east of the country last year, the team at UK’s Blend Network has noted. Blend Network, a development finance lender, says it’s… Read More

September 11, 2023 @ 8:06 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, is reporting solid progress on-site at one of the schemes that they recently funded in Cambridge, where the borrower “intended to acquire, convert and extend an existing building into nine apartments.” At Blend Network, they are supporting… Read More

August 25, 2023 @ 8:30 am By Omar Faridi  |  

TWINO reveals that it is pleased to share that their first real estate securities project is more than halfway funded. According to TWINO, this achievement underlines “the potential of short-term rental properties as a popular investment type.” For those who’ve already invested, they thank you… Read More

August 13, 2023 @ 2:05 pm By Omar Faridi  |  

Blackfinch Property, the Gloucester-based rapidly growing agile lender to the UK property market, has completed a £4.3m buy-to-let (BTL) refinancing loan “for the completion of a collection of seven modern and energy-efficient homes contained by a gated closed mews in Archway London.” The 24-month deal… Read More

August 7, 2023 @ 9:16 am By Omar Faridi  |  

Investment platform Shojin has teamed up with LINUS as well as Reinvest24 in order to expand various real estate opportunities. Shojin, a UK-headquartered FCA-regulated investment platform, has announced its partnership with LINUS Digital Finance, a Berlin-based real estate investment platform, and Reinvest24, an Estonia-based real… Read More

August 3, 2023 @ 10:29 am By Omar Faridi  |  

CrowdStreet, one of the most established real estate investment platforms in the US, has been hit with a damning article claiming the $63 million in customer cash has gone missing. The errant funds stem from an office project in Atlanta that was reported in 2022…. Read More

July 29, 2023 @ 1:25 pm By Omar Faridi  |  

LendInvest (AIM: LINV), which claims to be the UK’s leading platform for mortgages, has announced a new, comprehensive range of Residential Mortgage products in order “to better serve Key Workers and Qualified Professionals.” The expanded range boasts “a diverse selection of mortgage products tailored to… Read More

July 15, 2023 @ 10:29 am By Omar Faridi  |  

LendInvest (AIM: LINV), which claims to be the UK’s leading platform for mortgages, has today launched a new, “market-leading” Buy-to-Let range as it looks to back landlords in this challenging market. LendInvest is supporting landlords “to get back into the market with rates starting from… Read More

July 8, 2023 @ 3:26 pm By Omar Faridi  |  

CrowdProperty revealed recently that it has now “funded more than £700m of property projects and the development of over 3,000 homes.” Having agreed £24m in June alone, the business has now “closed in excess of £400m of facilities to support the construction of residential and… Read More

July 7, 2023 @ 9:49 am By Omar Faridi  |  

Assetz Capital is pleased to announce a development exit deal in partnership with Healdan, a property development and construction business based in Bedfordshire. The deal involves the financing of a barn conversion project, “consisting of six homes, in the idyllic location of Millbrook, Bedfordshire.” Under… Read More

May 15, 2023 @ 8:59 am By Omar Faridi  |  

Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK. Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of… Read More

April 12, 2023 @ 8:08 am By Omar Faridi  |  

Built Technologies, which claims to be one of the fastest-growing construction and real estate fintech software providers in the U.S., announced the launch of a new business unit focused on commercial property developers. This expansion will “enable the development of new, purpose-built solutions designed to… Read More

June 21, 2022 @ 7:35 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, notes that their commitment is to help investors “access great risk/return lending opportunities, while at the same time supporting experienced SME property developers and small construction companies unlock funding to build more homes.” Blend Network‘s experienced lending… Read More

May 2, 2022 @ 2:38 pm By Omar Faridi  |  

Blend Network CEO Yann Murciano has discussed the challenges of building a property “power team.” Yann recently focused on the “all-important” challenge of simplifying and streamlining “overly time-consuming processes and operations.” When speaking with property developers, one of the “most common” complaints that Blend Network… Read More

January 7, 2022 @ 6:03 pm By Omar Faridi  |  

Railsbank APAC Marketing Manager Darren Thang has taken a look at how property buyers are about to get an enhanced experience. Thang writes in a blog post that increasingly, nonbank firms are “warming to the idea of embedded finance experiences, offering banking-like services that provide… Read More

August 19, 2021 @ 8:37 am By Omar Faridi  |  

Ajar, a MENA region rental collection platform, reveals that it has expanded its business operations to the Kingdom of Bahrain. With an established presence in Kuwait and the United Arab Emirates (UAE), the firm will be providing its property management and rent collection services in… Read More

May 27, 2021 @ 1:17 am By Omar Faridi  |  

Ealier this month, the team at UK-based CapitalRise, a prime property lending platform, had announced a multi-million pound loan advancement for luxury Ealing development. As mentioned in a blog post by CapitalRise, the “dedicated” prime property lender had confirmed the advancement of a multi-million-pound senior… Read More