Morgan Stanley buys L&Q’s PRS arm in landmark £1.05bn deal

Fiona Fletcher-Smith, group chief executive at L&Q, said the sale marked a “key milestone in delivering our long-term strategy". The post Morgan Stanley buys L&Q’s PRS arm in landmark £1.05bn deal appeared first on Property Week.

Kennedy Wilson and APG form €2bn Irish PRS joint venture

The JV has been seeded with APG's 1,100-home Cherrywood portfolio and will develop a further 2,300 homes across three Dublin schemes. The post Kennedy Wilson and APG form €2bn Irish PRS joint venture appeared first on Property Week.

OnTheMarket reports 40% spike in PRS homes listed for sale

The portal's president Jason Tebb said the March leap in listings, ahead of the Renters Rights Act coming into force, suggested the act was a "tipping point for some landlords". The post OnTheMarket reports 40% spike in PRS homes listed for sale appeared first on Property Week.

Allsop survey finds 40% of PRS landlords expect to exit market over Renters’ Act

Nearly a third (30.3%) of private landlord respondents said they plan to sell all the homes they are letting, while another 18% plan to reduce their portfolios. The post Allsop survey finds 40% of PRS landlords expect to exit market over Renters’ Act appeared first on Property Week.

Value of UK’s PRS stock contracted by £48bn last year, Savills finds

The private rented sector is the only housing market to have contracted over the past three years, decreasing by 5.1% in value since 2022. The post Value of UK’s PRS stock contracted by £48bn last year, Savills finds appeared first on Property Week.

Who do you know who requires Development Finance but may be struggling to get higher LTV?

Who do you know who is a Ground Up Developer who needs Stretch (higher LTV) to get their project over the line?

Are there any Construction companies on this platform, that would like to explore becoming Developers?

Your Financial Tool Box

My main focus is UK Development lending to help Developers to achieve higher LTV. (I can extend this to Western Europe) We achieve this by bringing in Private Lenders behind Senior /Mezz lenders who are typically: HNWIs, Family Offices & Institutions to enable close to 100% LTGDV/LTC. We can also arrange Senior Debt/Mezz where necessary. For Landlords/Investors we offer: BTL, Bridging & ReFi at competitive rates through our good relationships with Tier1 and Secondary lenders. I can also assist overseas families wishing to acquire UK property who are non UK passport holders and can move money globally where there are difficulties using FX/Crypto (as long as KYC/AML checked). DM or email me if you wish to explore further.