Major £10m Investment Set to Revitalise North London Villas into Luxury Apartments Nov 10, 2023 In a significant development for North London’s property market, United Trust Bank (UTB) and Iron Bridge Finance have collectively provided over £10 million in funding. This investment will support Northwest3, a joint venture between Prospect Property, OnPlan, and Point6 Developments, in their ambitious project to convert 19 flats into 16 luxury apartments in Swiss Cottage, […] Posted by: Mya Driver Read more
West One Loans Funds Record £48m Housing Project in Acton, West London Nov 10, 2023 West One Loans has marked a significant milestone by completing its largest development finance deal to date, a £31.2 million facility to support a £48 million Gross Development Value (GDV) housing scheme in Acton, West London. This substantial financial package was utilised initially for the acquisition of the site, with plans to demolish the existing […] Posted by: Mya Driver Read more
LDS Sales Guarantees Raises Project Funding Ceiling to £55 Million to Encourage Housing Development Nov 10, 2023 In a bid to further stimulate the housing sector, LDS Sales Guarantees has announced an increase in the maximum Gross Development Value (GDV) of projects they will consider, upping the limit from £35 million to £55 million. This expansion of criteria is designed to open up more opportunities for developers, their senior lenders, and finance […] Posted by: Mya Driver Read more
Hull’s West Docklands Set for Transformation Nov 10, 2023 Hull City Council’s Cabinet is poised to deliberate on a pivotal report outlining the design brief for the West Docklands area. This ambitious plan is set to establish a comprehensive planning framework, paving the way for the area’s development and rejuvenation. Strategically located, the West Docklands is encircled by key landmarks and thoroughfares, including the […] Posted by: Mya Driver Read more
UKREiiF 2024: What’s New and What’s Changing Nov 10, 2023 By Nathan Spencer, Director at UKREiiF It’s sometimes difficult to remember that UKREiiF has only taken place twice. It’s become the must-attend event in the industry calendar, and there’s a real sense of FOMO for those who’ve yet to attend. But we’re not resting on our laurels; having only run the event twice means there’s […] Posted by: Mya Driver Read more
Billion-Pound Foundation Drives Transformative Office Development in South Bank Nov 9, 2023 The Guy’s and St Thomas’ Foundation, renowned for its billion-pound endowment, has announced a landmark office development at Old Paradise Yard, poised to become a beacon of growth and opportunity in the South Bank. This significant development is set to reshape the borough’s landscape, replacing the current cultural hub with a modern office complex. The […] Posted by: Mya Driver Read more
Newcastle-under-Lyme’s York Place Poised for Transformation: Development Opportunities Abound Nov 9, 2023 The York Place shopping centre in Newcastle-under-Lyme is slated for demolition, marking a pivotal change in the town’s landscape and opening doors to a series of potential development opportunities. As the last of its tenants, The Co-operative Bank and Specsavers Hearing Centre, relocate to new premises within the town centre, the stage is set for […] Posted by: Mya Driver Read more
Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments Nov 9, 2023 Picture Living has committed c. £20 million to forward fund two single family housing (“SFH”) schemes in the South of England, totalling 42 high quality family homes for rent. The investments maintain Picture Living’s momentum, bringing forward much needed, sustainable family homes across the UK, against a backdrop of slower housing delivery, higher mortgage rates […] Posted by: Mya Driver Read more
West Northamptonshire Council Acquires St James’ Depot for Northampton Revitalisation Nov 9, 2023 In a strategic move to revitalise Northampton, West Northamptonshire Council has acquired the former St James’ Depot, an area lying dormant for over a decade. This 4.5-acre site is set to be transformed into a vibrant housing development as part of Northampton’s broader regeneration efforts. The council, having purchased the site from Church’s Shoes, is […] Posted by: Mya Driver Read more
Preston High-Rise Flats Scheduled for Demolition and Redevelopment Nov 9, 2023 The Onward Group has disclosed the date for the commencement of demolition work on three high-rise apartment blocks in Preston. The demolition, which includes Carlisle House, Lincoln House, and Richmond House off Avenham Lane, is set to begin on 11th March 2024. This decision follows a thorough consultation with the 180 tenants residing in these […] Posted by: Mya Driver Read more
