Construction output in the UK jumped 5.8 per cent in March, more than the double of the country’s GDP growth in the same period, according to the latest data release from the Office for National Statistics. The figures, which were released yesterday, s...
No2 Freer Street, a new landmark office building located in the heart of Edinburgh, has achieved practical completion. Developed by Vastint Hospitality as part of its New Fountainbridge mixed-use development, it comprises 59,554 sq ft of Grade A office...
The UK government signaled its intention to reform and modernise the housing system yesterday as the Queen delivered a speech to reopen Parliament. Noted for its brevity, the Queen’s speech outlined around thirty pieces of new legislation in just under...
LG Electronics has pre-let unit 1, a 50,000 sq ft warehouse at Kennedy Wilson and Tungsten Properties’ project at Union Park, a new 8.5 acre strategic industrial development on Grovebury Road, Leighton Buzzard, Bedfordshire. The new development has rep...
Black Country Housing Group (BCHG) has sealed a £60m financing deal that includes its first private placement and also an extended debt facility. The funding package – arranged with support from Savills Financial Consultants – will underpin the deliver...
The average price of a home in the UK rose by 8.2 per cent between April 2020 and April 2021, according to the latest Halifax House Price Index. The monthly index, which was published yesterday, showed that the average price of a UK home had increased ...
MCI Mortgage Club has appointed United Trust Bank (UTB) to its lender panel. UTB lends on first and second charge mortgages up to £500,000 and will consider non-prime customers and non-standard construction property types. As a specialist lender, UTB h...
Commercial finance broker Commercial Expert has completed a £500k financing deal for a new-build buy-to-let portfolio after a period of patience and diligence. The company said that its investment in new-build apartments had been challenging because of...
Output volumes for the UK’s construction have been rising steadily, according to statistics from IHS Markit. The figures, which were released just before the weekend, showed that the rise in overall new orders was the fastest rise since September 2014....
PA Housing has issued a £400m, fifteen-year bond using its sustainable funding approach, supported by Lloyds Bank and Barclays. The funds will be used to help deliver the 23,000-home housing association’s business plan, including investment in sustaina...