Tagged: property market

August 20, 2022 @ 3:09 pm By Omar Faridi  |  

The property sector across the United Kingdom is set for a £3 billion “boost” as specialist bank GB Bank officially launches “after receiving its full UK banking license.” The banking license “allows Middlesbrough-headquartered GB Bank to start driving its ambitious plans forward.” It has committed… Read More

August 4, 2022 @ 9:36 pm By Omar Faridi  |  

Splitit (ASX:SPT) announced that letus has selected Splitit to bring its Installments-as-a-Service to its Cloud payment platform “for the property rental market, allowing tenants to pay expenses in several interest-free installments on their credit card.” The collaboration “brings a new payment option to letus’s Cloud… Read More

July 21, 2022 @ 12:49 pm By Omar Faridi  |  

Residently has secured £4.5 million of funding to finally “bring renting into the modern age.” By digitizing the end-to-end customer experience in a $2 trillion market, Residently will “streamline operations for property owners and renters, reducing costs and delays throughout the full 360 rental experience.”… Read More

July 17, 2022 @ 11:15 pm By Omar Faridi  |  

New research from Bank of London and The Middle East (BLME) reveals pandemic restrictions had “little impact” on real estate investment from Gulf Corporation Council (GCC) countries into the UK. Based on in-depth interviews with experts from real estate services companies holding more than £60… Read More

March 13, 2022 @ 4:06 pm By Omar Faridi  |  

The team at Landbay notes that they believe that as an established lender, they must be able to demonstrate that they’re using the latest technology and continue to enhance the service they provide. Their online platform stands out “as one of the most advanced in… Read More

February 17, 2022 @ 8:46 am By Omar Faridi  |  

The year has kicked off on a strong note in the United Kingdom’s housing market and the price of an average home continued to reach all-time highs, according to an update published by Blend Network, a specialist development finance lender. The Nationwide House Price Index… Read More

February 13, 2022 @ 3:02 pm By Omar Faridi  |  

At specialist development finance lender, Blend Network, the team prides itself on being by their client’s side, assisting them with borrowing funds for their initiatives. Even at the heights of the COVID-19 crisis, the team reports that they continued lending and deploying capital into projects… Read More

February 12, 2022 @ 9:54 am By Omar Faridi  |  

Northspyre, a financial tracking and project delivery automation platform for real estate developers, has reportedly acquired $25 million via a Series B round to further grow its business and expand its solution “to improve the development process within the multi-trillion dollar commercial real estate industry.”… Read More

February 6, 2022 @ 11:55 pm By Omar Faridi  |  

Digital transformation has worked its way through the bedrock of many industries, from Netflix’s transformation of cable and blockbuster video to Uber’s considerable influence over the ways we access transportation services. Meanwhile, the property market has remained “relatively immune” to such changes. However, Roxana Mohammadian-Molina,… Read More

February 1, 2022 @ 10:08 am By Omar Faridi  |  

Sourced Capital, a UK property investment platform and wholly-owned subsidiary of the Sourced Group, has announced that it received direct authorization from the Financial Conduct Authority (FCA) and “acquired Peer Funding Limited, a peer-to-peer business platform.” Sourced Capital says that it proved its solid track… Read More

February 1, 2022 @ 8:05 am By Omar Faridi  |  

Leaving the Coronavirus outbreak to one side, the BTL sector is in “good health,” according to an update from Landbay. The value of the private rented sector (PRS) in England, Wales and Scotland surged by 5.8% to £1.4 trillion during the past year, according to… Read More

January 19, 2022 @ 10:47 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, has responded to “growing demand for light refurbishment projects.” As mentioned in an update shared with CI, specialist development finance lender Blend Network has announced today the launch of a new Light Refurbishment Plus product range “specifically… Read More

January 14, 2022 @ 1:45 pm By Omar Faridi  |  

The team at UK’s Blend Network, a specialist development finance lender, notes that they’ve recently been quite vocal about why development finance lenders “need to show more commitment towards Net Zero and sustainable house building.” Blend Network has explained why and how specialist lenders like… Read More

January 10, 2022 @ 2:19 am By Omar Faridi  |  

LendInvest, a leading digital financing platform for the UK market, has commented on updates related to delivering complex bridging and development deals in 2022 (and the landscape in general). Tom Madden, Director of LendInvest‘s Structured Property Finance team, has taken a look back on 2021… Read More

January 7, 2022 @ 7:59 am By Omar Faridi  |  

The team at UK’s Blend Network, a specialist development finance lender, notes that as 2022 gets underway, they’ve reflected on the “strength” and “resilience” of the UK property market. With property prices and rents surging to double digit growth in some areas of the UK,… Read More

December 31, 2021 @ 3:15 pm By Omar Faridi  |  

Housing markets in Australia began to cool off towards the end of 2021. Updated regulations for banking institutions in the country should “increase the cost of, and reduce the access to financing,” according to an update from Judo Bank. This should see house prices in… Read More

December 31, 2021 @ 9:03 am By Omar Faridi  |  

Many more homeowners are now looking for all-digital solutions that are affordable and a lot more accessible. Digitalization and the platform concept are now finding their way into the real estate sector, which is not only an innovative breakthrough but has also become essential. That’s… Read More

December 28, 2021 @ 8:12 am By Omar Faridi  |  

The UK’s Nationwide House Price Index reveals that the price of a “typical” home in the country grew by 10% YoY in November, which is a just bit higher than the 9.9% recorded in October 2021 (on a monthly basis, prices surged by 0.9%, up… Read More

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 13, 2021 @ 8:00 am By Omar Faridi  |  

As we head towards the end of 2021, EstateGuru’s Head of Global sales, Mihhail Onohhov reflects back over the activities of the past year, and he also tries to look ahead to what he expects from 2022. As the person tasked with EstateGuru‘s sales strategy,… Read More