Development Finance Today

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Precise relaunches 0.65% bridging product

Over 10 years ago Precise Mortgages has started the New Year off by extending its 0.65 per cent bridging product and making two bridging appointments

FCA bans advisor for life

Over 10 years ago The Financial Conduct Authority has blacklisted an ex-adviser for life for his part in six counts of fraud involving fake property development schemes

Aldermore sells 9% stake for £40m

Over 10 years ago Aldermore Bank yesterday reportedly sold a £40 million stake, rumoured to be worth nine per cent of the lender.

SPF completes £2.8m development deal

Over 10 years ago In light of its recent campaign, SPF Short Term Finance has completed a £2.8 million development deal

New broker reveals bridging Vision

Over 10 years ago New bridging and development broker has entered the market and has established itself as a full service advisory house

Omni Capital funds £15m loan in 10 days

Over 10 years ago A bridging lender has provided a £15 million loan facility in just 10 days

Lender completes £1.3m development deal

Over 10 years ago Development lender Regentsmead has completed a £1.275 million loan on a site with a £2.9 million GDV

Exclusive: Dragonfly hits £750m lending

Over 10 years ago B&C has now learnt that Dragonfly Property Finance has passed £750 million of lending and has its sights on the buy-to-let arena

Lender launches 0.99% BTL product

Over 10 years ago B&C can exclusively announce that a specialist bridging finance lender has launched a new premium 0.99 per cent buy-to-let bridging loan product

Planning permissions rise by 49%

Over 10 years ago Planning approvals have risen by 49 per cent year on year. A total of 77,686 approvals were granted in the first 6 months of 2013

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Case Studies

Mera issues £3.5m refurb loan

Mera Investment Management has written a £3.5m loan for the refurbishment of a prime London residential property in South Kensington....

Leumi UK and Westbrooke agree £33m refinancing for former Dunlop factory

Leumi UK and alternative asset manager Westbrooke have agreed a £33m refinancing package for Fort Dunlop, a mixed-use asset in Birmingham owned by EPISO3, advised by Tristan Capital Partners....

Amro acquires Lewisham site for £400m development

Amro Partners has completed an 18-month land assembly plan in south east London, as part of a residential-led redevelopment with a GDV of £400m, DFT can reveal....

HTB funds £3.2m eco-friendly rural development

HTB has completed a £3.195m finance facility to fund an eco-friendly development project in rural Oxfordshire....

Henry Boot wins £36m Rotherham Markets redevelopment contract

Henry Boot Construction has won a £36m redevelopment contract as part of Rotherham’s town centre masterplan....

Summer start for 5000 sq ft Saltaire Riverside development

An early Summer start data has been set for a 5000 sq ft redevelopment in Saltaire, Shipley....

Asda plans mixed-use redevelopment in North West London

The Supermarket Asda has unveiled plans for a 10 acre mixed-use redevelopment site in north-west London....

Atelier provides £3.1m for PBSA site acquisition in Nottingham

Atelier has provided a £3.1m loan to an unnamed developer to fund the acquisition of land for a purpose-built student accommodation development in central Nottingham....

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