Tagged: property development

UK’s Blend Network Introduces Bridging Product to Support Property Developers

UKs Blend Network, which was once described as a peer to peer (P2P) lending service provider but has now become a specialist development finance lender, recently introduced a bridge product intended to support property developers across the United Kingdom. The Blend Network team has explained… Read More

UK’s Prime Property Investment Platform CapitalRise Comments on Importance of Project Monitoring Process

CapitalRise reveals that it recently passed the £300m lending milestone, against £830m of prime property assets. To sustainably maintain this growth in their loan book, they claim to “have robust monitoring processes in place.” Their own project managers reportedly work “with independent third-party professionals, such… Read More

Real Estate Investments: Molo Finance Research Uncovers Major UK Cities to Invest in Buy-to-Let Properties

From cafes and restaurants to the aesthetic of the properties, there are a lot of factors to consider when choosing a city to purchase a buy-to-let property, according to an update from UK’s Molo Finance. Nowadays, a location’s social media presence is also “becoming an… Read More

CrowdProperty Funds £100M in Property Development Projects During Last Quarter

While the summer may traditionally be a quieter time of the year for many businesses, CrowdProperty says that it bucked the trend by funding £100 million in property development projects within the last quarter. The CrowdProperty team of experts claims that they “continued to be… Read More

Real Estate: Fintech Firm Built Technologies Appoints Sam Kemp as Chief Financial Officer

Built Technologies, the company transforming the way construction and real estate commerce works by connecting lenders, owners, contractors, and suppliers, announced the hiring of Sam Kemp as its first Chief Financial Officer. Kemp will oversee Built’s finance, accounting, and analytics functions in his role as… Read More

Bank of Scotland Reports Decline in Number of First-Time Buyers Amid Tougher Property Market Conditions

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

KPMG Property Report Reveals Real Estate Prices in Australia to Rise by 4.9% in Next 9 Months

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

Pacaso, the Tech-powered Real Estate Marketplace Helping Clients Acquire Luxury Second Homes, Releases Marketplace Report

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

UK Property Development: Northern Ireland Housing Executive Invested £32M+ into Building Social Homes in North East of Country

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

UK’s Blend Network, a Development Finance Lender, Reports Steady Progress on Cambridge Project

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

Regulated Online Investment Platform TWINO Shares Update on Real Estate Projects

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

UK’s Blackfinch Property Finalizes £4.3M Refinance BTL Loan for Residential Property Complex in Archway London

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

European Investment Platform Shojin, LINUS, Reinvest24 to Focus on Real Estate Initiatives

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

CrowdStreet Hit with Report of Missing Funds from Failed Deals

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

UK’s LendInvest Supports Key Workers with Extended Residential Mortgage Offering

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

UK’s LendInvest backs BTL Market with New Rates with “Bold” Reductions

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

CrowdProperty Funds £700M+ Of Property Development Projects, £400M+ Facilities Agreed

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

UK’s Assetz Capital Announces £3.15M Deal for Conversion Project of Properties in Millbrook, Bedfordshire

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

UK’s Assetz Capital Now Supports Over 7,000 New Homes, Marking 10 Years of Business Operations

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

Real Estate Fintech Built Technologies Launches Business Unit to Help Commercial Property Developers Enhance Operations

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

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