Finspace - For Specialist Finance

As a fintech-driven brokerage, we are leveraging technology to innovate and revolutionize property finance. Developers can use Propflex to create appraisals, quotes and projects under one central platform. Find out more here: https://bridgingloandirectory.co.uk/property-news/finspace-launches-propflex-tech-tool-for-property-developers/

FinSpace launches Propflex tech tool for property developers Fintech-driven finance brokerage, FinSpace has introduced a new property appraisal tool called Propflex. Launched in 2018 by Graham Beresford and Jaffer

Are you a property developer? Or, a property professional?

Are you planning your next ambitious property project?

Do you require creative and flexible funding solutions to meet your individual requirements?

Whether it’s Development or Bridging finance you need, talk to our specialists to find the perfect financing deal now:

📞 02039501876
✉️ [email protected]

Should You Invest in HMOs or PBSA?

Any type of property, whether it's commercial or residential, can be a good investment opportunity.

Here’s a simple overview of HMOs and PBSA, to help inspire your next investment...

Do get in touch if you require a creative funding solution for your next property project:

📩 [email protected]
📞02039501876

Finspace - For Specialist Finance updated their business hours.

CACI has revealed the top areas best to invest in for build-to-rent (BTR) schemes across the UK...

Reportedly, the top locations are Coventry, Central Bedfordshire, and Aylesbury Vale.

With this information, are you planning to expand your presence in the BTR sector and also looking at these property hotspots?

Source: Propertywire/Caci

What are the latest happenings in the housing supply world?

Here's a brief summary:

- Completions have slowly returned to 2019 levels
- Construction starts were up, but still remain low
- Full planning consents are down 18% compared to last year
- A record number of help to buy loans were issued, hitting a high in Q1 2021
- All regions saw housing delivery rise in the year to Q2 2021

Following these stats, it will be interesting to see what happens as we come to the end of Q3 and the start of Q4...

English Housing Supply Update Q2 2021 Completions reach pre-Covid levels but starts and consents yet to fully recover.

Ten of the best locations to invest in student housing 👇

Reportedly, the top 3 university locations with great rental yields are Swansea (9.56%), Hull (8.60%), and Plymouth (8.41%).

With this information, are you planning to expand your presence in the sector and looking at these property hotspots?

Construction material shortages are continuing to spiral and impact the UK's economy...

Post-Brexit and pandemic restrictions have created a "perfect storm" that has inflated building materials up by as much as 20%.

This cost increase has resulted in significant delays and disruptions to development projects, incurring additional project costs and frustrating pre-approved timelines.

The question is, how can developers mitigate this ongoing risk for upcoming developments?

Is it just as simple as allowing for a larger contingency in your build cost budget?

Or, using other materials?

Share your thoughts and experiences on the above questions in the comments below, we’d love to hear from you.

If you're planning your next project and have any concerns, please do get in touch, we'd be happy to help:

📧 [email protected]
📱02039501876

UK recovery in doubt amid ‘perfect storm for construction’, economists warn Lingering construction delays could threaten wider economic health and the government’s ‘Build Back Better’ ambitions

UK Warehouse Investments Are Still On The Rise 📈

In August, the overall investment in UK warehousing, including spending on new capacity as well as leases, more than doubled, reaching £7.4bn.

Just last week, Trammell Crow purchased a former Topshop distribution center for £38 million, with plans to convert this investment into smaller warehouses.

With more stores pushing e-commerce than ever before as a result of the pandemic's impact, the demand for commercial warehouse space will only increase...

The Upside Of Investing In Warehouses 💡

▶️ Warehouses tend to be relatively low-maintenance properties

▶️ Warehouse tenants may be more inclined to sign longer-term leases

▶️ Logistics properties, like warehouses, also offer attractive diversification opportunities

▶️ As warehouse spaces are a type of commercial property, there are tax benefits you may be entitled to.

Plus...

Warehouse spaces remain one of the top choices for investors seeking long-term rewards and profit.

Nearly 100 million sq ft in additional warehouse space will be needed by 2024 to keep up with the growth of online retail, so now is a good time to look into this further.

Do get in touch if you require a creative property financing solution for your next project:

📩 [email protected]
📞02039501876

Source: The Guardian/ Million Acres

These are the most popular interior design trends for 2021 to help you plan your next property refurbishment or renovation project...

For the living room:

1) Maximalism – 80% increase in searches year-on-year

2) Mid-century modern furniture – 43% increase in searches

Kitchen:

1) Statement taps – 54% increase in searches

2) Downdraft extractors – 31% increase in searches

Bedroom:

1) Panelling – 147% increase in searches

2) Bed canopies – 50% increase in searches

Bathroom:

1) Black mirrors – 53% increase in searches

2) Victorian sinks – 23% increase in searches

Do get in touch if you require a property refurbishment or conversion financing solution for your next project:

📩 [email protected]
📞02039501876

Image: Unsplash
Source: Property Reporter

Are you thinking about renovating an existing property? Here are some ideas for increasing the value of a property, ranging from loft conversions to kitchen renovations.

Do get in touch if you require a creative property development solution for your next project:

📩 [email protected]
📞02039501876

What are your property goals for this month? Do you need specialist funds to achieve them?

We can holistically help you find the best property finance solution for your next opportunity.

Get in touch: 02039501876

According to Benham and Reeves...

Nearly 400,000 UK property transactions have been down valued in the last year alone.

The South East is the region to have seen the most transactions hit by a down valuation.

47,769 homes sold across London this year have also been subject to down valuation.

Why are properties being down valued more than ever?

The pandemic's impact, Brexit, and the concern that house values may fall due to the ending of stamp duty are all factors that have led to an increase in valuations.

What can you do if your property is down valued?

As a seller:

📍 Find a new buyer
📍 Be willing to lower the asking price
📍 Address the reasons for the down valuation
📍 Wait to see if the property rises in value

As a buyer:

📍 Speak to your mortgage adviser/broker
📍 Negotiate a price reduction
📍 Apply for a higher LTV mortgage
📍 Challenge the mortgage valuation
📍 Consider another lender/broker

400,000 property transactions hit by down valuations in the last year Almost 400,000 UK property transactions have been down valued in the last year, according to analysis from London lettings and estate agent, Benham and Reeves.

Investors have spent £656m in the sector in the second quarter of this year, taking the total spend so far to nearly £2bn.

Despite the fact that overall investment is lower than the £5 billion spent in 2020, these figures demonstrate investors' confidence in this rising sector.

This demand for student accommodation is also being driven by rising student numbers and limited supply ratios in many university areas.

As a property developer, will you be expanding your presence in this sector? Share your thoughts in the comments, below.

PBSA investment reaches £2bn in H1 Investors spent £656m in the PBSA sector in the second quarter of this year, taking total spend for 2021 so far to nearly £2bn, revealed Knight Frank.

Real estate experts, Coulters, have revealed the 10 best cities for landlords to invest in.

The top 3 places that have seen the highest ROI are Preston (2.98%), Coventry (2.74%), and Glasgow (2.67%).

With this information, are you planning to increase your presence in these property hotspots?

The Stamp Duty Holiday in Numbers...

If you're curious to know the impact the Stamp Duty Holiday has had on the property market, our helpful infographic is all you need.

Sources: Rightmove & LSE

With the demand for houses consistently looming, the BTR sector isn't showing signs of cooling down.

Wondering why the appetite for them has been growing? Just take a look through our handy guide.

Do get in touch if you require a creative funding solution for your next property project:

📩 [email protected]
📞02039501876

Do you require creative and flexible funding solutions for your next property development?

Talk to our experts now to find the perfect financing deal for your needs:

➡️ 02039501876
➡️ [email protected]

Returning to the office for the first time?

Here are 8 tips to hopefully help make the transition easier:

▶️ Prep the night before - Avoid stress in the morning by planning your outfits in advance and making time for breakfast or exercise.

▶️ Commuting in? Leave early to avoid busy trains and buses.

▶️ Don't forget headphones - Listening to your own music or fave podcast can add a little joy and comfort to your day as you work.

▶️ Take a break - Take your full breaks and try to go for a walk when possible.

▶️ Communicate - If you are not comfortable with something (sharing desks, hugging, or shaking hands), let your team members/HR know.

▶️ Be understanding of others - Just like you may have certain individual preferences, be attentive to others and respect their limitations.

▶️ Remain reactive - If you've been pinged by the NHS app, let HR as quickly as possible to help minimise any disruptions.

▶️ Prioritise your mental health - If you're struggling at any point, be open and honest with management. If they understand your concerns and needs, they can do their best to help you find a workable solution.

For those of you returning, is there anything you're planning to do differently than before?

Let us know in the comments, below 👇

THE BUZZ AROUND BUILD-TO-RENT CONTINUES

The BTR sector is slowly recovering from the impact of the ongoing pandemic

Build to rent planning applications have seen a 52% rise during this time

Before the pandemic, only 6,682 applications were submitted (in Q2, 2019)

Now, a record 11,975 planning applications have been submitted

With the demand for houses consistently looming, the BTR sector isn't showing signs of cooling down

Developer appetite and interest in this area will only continue to expand - so, will you be planning to increase your presence in this sector?

Let us know your thoughts in the comments.

Do get in touch if you require a creative funding solution for your next property project:

📩 [email protected]
📞02039501876




Source: Property Reporter

In the last 12 months, there has been an increased demand for funding solutions against unfinished or part-complete projects...

If you're a property developer experiencing completion delays, cost overruns, and more, this funding solution could be exactly what you need.

Wondering what part-complete funding is and whether you qualify for it? Just scroll through our handy guide to find out.

According to WhatHouse? buyer interest in new build homes has reached an all-time high during Q2, with 493,521 buyer searches being recorded (+135% on Q1 figures).

The top three areas searched for new build homes are the South East of England, London, and the West Midlands.

With the demand for new homes remaining robust, now could be the opportune time to develop new build properties. Will you be planning to do this in the next coming months?

Do get in touch if you require a creative funding solution for your next property project:

📩 [email protected]
📞02039501876

Finspace - For Specialist Finance updated their phone number.

THESE UNIVERSITIES ARE SEEING THE HIGHEST RENTAL DEMAND

With the new academic year just a few weeks away, UniHomes has revealed which universities are seeing the greatest rental demand from students.

Most in-demand universities:

📍 The University of Nottingham

📍 The University of Glasgow

📍 The University of Essex

📍 The University of Southhampton

📍 Aston University

📍 Birmingham

📍 Durham University

📍 University College London

Student applications are expected to increase by 8.5% this year and as PBSA housing is already at capacity, this might be the time to look a little closer at this sector.

Source: Property Reporter, Property Wire