After all of the High Street Banks have had their fingers burnt in the recent financial crash and with a lot more pain to come due to over indebted developments now not financially viable or that have been mothballed. The High Street Banks effectively own large land banks which they do not want to foreclose on as then the debt would have to be written off. (more…)
Archive for the ‘News’ Category
Is Funding Available for Small Development Projects in the UK?
Tuesday, July 13th, 2010UK Property Prices Expected to Dip Before End of 2010
Tuesday, June 8th, 2010The Times reported this week that there may be a small dip in UK house prices before the end of 2010. This is can be attributed to the fact that the average house price is just out of reach of first time buyers (more…)
Panic over rise in Capital Gains Tax?
Sunday, May 30th, 2010The Chancellor has recently announced a potential rise in Capital Gains Tax (CGT) from its current 18% level to 40% in an effort to neatly align it with income tax. (more…)
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