Atelier has completed a £12.6m development finance loan to fund the construction of 35 homes in Cowfold, West Sussex, including 12 affordable units.
TAB underwrote the loan on market rent rather than the higher passing rent paid by a related-party commercial tenant.
The former Upper Bank Works building will be converted into rental homes, with the £1.43m bridge funding refurbishment works.
“UK house prices fell by -0.6% in October, a larger drop than in recent months, taking the average property price down to ...
Kensington’s 75% LTV buy-to-let rates now start from 3.69% on a two-year fix in its Prime range, with a 5% fee.
Just 29.9% of Cardiff’s rental stock is listed below the city’s average rent, the lowest share of the 15 cities analysed.
A basic-rate landlord with about £12,100 in rental profit would pay £2,904 in tax rather than £2,420.
The lender has reduced selected two and five year fixed rates, with the lowest rates available alongside a 7% product fee.
Commercial property landlords are calling for clearer guidance on securing empty buildings as vacancy levels rise, with ...
Jonathan Rolande warns that build-to-rent starts falling from 12,674 to 4,696 will leave renters facing a supply shortfall.
Regional price growth remains uneven, with Scotland leading annual gains and London the only region recording a fall.
The five-year facility repays the borrower’s existing lender and releases a modest amount of equity. The portfolio comprises ...
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