Octopus Capital funds 136-bed care home development

Octopus Capital has secured a forward funding agreement to develop two care homes in Staffordshire and Norfolk, totalling 136 beds across the two facilities. The transaction was completed through the firm's Octopus Healthcare Fund, which invests in care home developments across the UK. The post Octopus Capital funds 136-bed care home development appeared first on...

Hampshire Trust Bank lends £2.4m for Mitcham mixed-use scheme

Hampshire Trust Bank has provided £2.4 million in development finance for a mixed-use scheme in Mitcham, South West London, delivering eight residential units and two commercial units. The facility required flexible structuring to accommodate planning delays and contractor engagement challenges during the project's evolution. The post Hampshire Trust Bank lends £2.4m for Mitcham mixed-use scheme appeared...

Specialist lender completes £5m portfolio refinance

CHL Mortgages has completed a £5m portfolio refinance covering 10 buy-to-let properties in Lambeth, southwest London, for a Chelsea-based landlord seeking to repay an expiring bridging loan. The transaction required restructuring after the client switched from five-year to two-year fixed-rate products. The post Specialist lender completes £5m portfolio refinance appeared first on...

Specialist lender provides £3m for Pembrokeshire homes

Pallas Capital has provided a £3 million residential development loan for the construction of 10 homes in Roch, Pembrokeshire. The 20-month facility at 65% LTGDV will fund the first phase of a build-to-sell housing scheme. The post Specialist lender provides £3m for Pembrokeshire homes appeared first on...

Foxtons reports 35% sales revenue decline in Q1 2026

London-based estate agency Foxtons has reported a 35% decline in sales revenue for the first quarter of 2026, as weakened buyer demand and elevated mortgage costs reduced transaction volumes. The company's trading update shows sales revenue fell to £10.7m from £16.4m in the same period last year. The post Foxtons reports 35% sales revenue decline in Q1 2026 appeared first on...

Foxtons reports 35% sales decline amid market uncertainty

London-based estate agency Foxtons has reported a 35% decline in sales revenue for the first quarter of 2026, with total group revenue falling 10% to £39.6m as market conditions deteriorated. Sales revenue dropped to £10.7m from £16.4m in the same period last year. The post Foxtons reports 35% sales decline amid market uncertainty appeared first on...