Riyadh villa market gains traction amid Vision 2030 push

Riyadh's residential property market is undergoing significant transformation as Saudi Arabia's Vision 2030 initiative drives infrastructure investment and policy changes aimed at attracting international capital and residents to the capital. The city's villa sector, historically dominated by domestic buyers, is now drawing attention from international investors as the Saudi government encourages foreign...

Investor secures £3.8m bridging loan for 40-property portfolio

Together and Capital B Property Finance have arranged a £3.8m unregulated bridging loan for an experienced investor to acquire a 40-property rental portfolio at auction in the West Midlands. The transaction was completed within 12 working days to meet the auction deadline. The post Investor secures £3.8m bridging loan for 40-property portfolio appeared first on...

The San Francisco housing market is unhinged. Now it’s also a game

TurboHome is betting that the best way to teach people about San Francisco’s brutal housing market is to make them guess their way through it. The AI-powered homebuying startup is set to launch TurboHome Markets, a free daily prediction game that asks users to forecast the final sale prices of five active San Francisco listings...

UK mortgage affordability hits lowest level since 2008

UK homebuyers are experiencing the most challenging mortgage affordability conditions since 2008, with initial repayments consuming 21.3% of gross income on average. Regional disparities show London commuter belt areas facing the highest burden, while Scotland dominates the most affordable locations. The post UK mortgage affordability hits lowest level since 2008 appeared first on...

Leicester BTR scheme secures £27.8m Aldermore refinancing

Aldermore has provided a £27.8 million commercial real estate facility to refinance a 171-unit build-to-rent scheme in Leicester city centre. The development, operated under the Hylyfe brand, is a joint venture between Monk Estates and Housing Growth Partnership. The post Leicester BTR scheme secures £27.8m Aldermore refinancing appeared first on...