Queens Speech disappointing from property perspective

Randeesh Sandhu, CEO comments on today’s Queens speech: “Almost two weeks on from the dawn of an unexpected hung Parliament, we are still not much clearer on the political landscape at Westminster or the impact this will have on the UK economy. Nonetheless, today’s Queen’s Speech shows how the minority Government’s policy agenda has been ...

Urban Exposure Round Table Event: Real Estate Cycles

Last week, Akhil Patel, Head of Research at Urban Exposure, hosted a roundtable discussion on economics and real estate cycles: Are you positioned to capitalise on the current real estate cycle? Listen to him talk to Estates Gazette about the roundtable topic, the 18 year cycle model, and when the UK is due its next ...

Nationwide HPI data: first MoM fall since June 2015

Nationwide HPI data released today shows prices falling month-on-month for the first time since June 2015. Commenting on the Nationwide House Price Index data released today, Sundeep Lakhtaria, Director at leading residential financier Urban Exposure said: “The slowdown seen in the latest figures from Nationwide chimes with recent data which revealed a fall in mortgage approvals in ...

SPRING BUDGET REACTION

Commenting on the UK Budget announcement earlier today, Randeesh Sandhu, CEO of leading residential financier Urban Exposure said:  “It was slightly disappointing, if not overly surprising, not to hear more from the Chancellor on housing in his Budget statement. With details of the Housing White Paper only announced last month, we will be looking closely ...

URBAN EXPOSURE FINANCES FIRST BIRMINGHAM PROJECT

Urban Exposure announces that it will provide a senior debt facility for the development of 170 apartments in the Digbeth regeneration area of Birmingham city centre. The completed development called St Anne’s Court will have a gross development value (GDV) of over £30 million and supports Urban Exposure’s regional lending strategy to lend in cities ...

CML Mortgage lending figures hold up

The CML figures out today estimate that gross mortgage lending has reached £18.9bn in January, 6% lower than December’s lending total of £20bn. However, it is 2% higher than the £18.6bn lent in January last year and is the highest lending total for a January since 2008 (£25.2bn).  Sundeep Lakhtaria, Director at Urban Exposure comments ...