Welcome to the November’s 2023 Round-Up from Assetz Capital. Here you can find out about Assetz Capital’s latest case studies, news articles and blogs.
News/Press Releases
We provided a £1.837m Refurbishment Loan to support the borrower in the refinance and subsequent refurbishment of Chartwell House
Assetz Capital are pleased to announce a further Loan completion in support of our longest borrower, Taj Ubhi and the 9 Property Group Limited (“the borrower”).
Assetz Capital have provided a £1.837m Refurbishment Loan to support the borrower in the refinance and subsequent refurbishment of Chartwell House, Nottingham, in order to create 11 self-contained apartments, providing 19 beds.
Assetz Capital commits to further investment in Northern Ireland
Specialist property development lender, Assetz Capital, has appointed Ciaran McGivern as Relationship Director for Northern Ireland following growth of their developer client base. The lender has provided £152m of property lending to the region focusing on residential development projects, office to residential refurbishment schemes and commercial mortgages.
Blogs for November Round-up
From Housing Starts to Rental Surges: A Comprehensive Look at the UK Property Market- Part 3, The Residential Market and Building Safety
The UK residential market weakened in August with prices falling by 0.8% representing an annual fall of 5.3%, which means that prices on average are around December 2021 levels according to Nationwide. However, it’s worth looking in further detail at what belies the headline numbers.
From Housing Starts to Rental Surges: A Comprehensive Look at the UK Property Market- Part 4, Housing Starts and Building Cost Inflation
In Q3 the successive interest rate rises have dampened affordability when considering the knock on effect of mortgage offers. The number of housing starts during the 3 months up to July at £1,989m, slipped nationally but still remained 15% up on the same time a year ago.
Social Media Posts
We saw a project update from Scott in South London on a ground-up development.
Take a look at this project update in South London. This ground-up development consists of 6 flats and 3 houses. Assetz is a leading provider of development finance solutions, offering a range of flexible and tailored funding options to suit the specific needs of each project.
That the round up blog from Assetz Capital for November. Here’s some others you may be interested in reading from earlier this year – September 2023, August 2023, July 2023.
Want to learn more? Get in touch with one of our Relationship Directors today!
