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Sirius Property Finance has appointed Devraj Ray (pictured) as a senior associate in its development division. Ray has six years’ experience working for advice firms including Perception Finance, Enness Global Mortgages and, most recently, Largemortgageloans.com. Ray said: “I have been fortunate to have gained experience right across the market in my previous roles, including residential lending, buy-to-let, bridging and development. “However, it’s development finance where I’ve really established an expertise and an appetite to help clients to fund and exit their schemes. “Sirius is the recognised leader in this area and I’m looking forward to gaining further knowledge, growing my capabilities and helping even more clients within the sector.”
Sirius Property Finance has appointed Devraj Ray to the role of senior associate at its development division. Ray has worked at advice firms for six years, including Perception Finance, Enness Global Mortgages and most recently Largemortgageloans.com. Ray also previously worked on the editorial team at Mortgage
Research which has revealed how house prices have performed under the last three London Mayors found that current incumbent Sadiq Khan has overseen the slowest growth. The research from Enness Global Mortgages analysed house price growth from the start and end of each term running back over the last five terms and three individuals to have held the position. Since he took office in May 2016, London house prices have climbed just 6.2%. Prices climbed by just 3% during Johnson’s first term between May 2008 and 2012, but his second term did see them increase by a far steeper 54%. During Johnson’s total time in the role, London house prices increased by 58% between May 2008 and 2016.
St Albans makes prime property rich list | Herts Advertiser hertsad.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hertsad.co.uk Daily Mail and Mail on Sunday newspapers.
Mansion Global More Mansion Global Daily: Big Apple Booming, More Than Half of Canadian Homeowners Plan to Renovate, and More Mansion Global’s daily round-up of the latest luxury real estate news from around the world By Mansion Global Staff | Originally Published On April 26, 2021 | Mansion Global Save BY THE NUMBERS THE INSIDERS NEWS BITES A 122-Room Mansion in North Wales Asks £750,000 Kinmel Hall, a 122-room, 80,000-square-foot mansion near Abergele in North Wales, U.K., is on the market for only £750,000 (US$1.04 million). The building is known as the "Welsh Versailles" as it was designed in 1874 in the style of the French palace, with 12 entrances and 365 windows. Sitting on 17.5 acres of land, the property was used as a private home until 1929 and was later converted into commercial and institutional space. However, the building has been sitting empty for decades since a plan to convert it into a hotel failed. Metro
Enness: Prime market should side-step stamp duty holiday cliff-edge mortgageintroducer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageintroducer.com Daily Mail and Mail on Sunday newspapers.
Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The average price of houses coming to the market has surged by £2,484 as buyer demand reaches record levels, according to Rightmove’s latest House Price Index. With more people spending time indoors during lockdown, it seems Britons are keen to upgrade their homes. The Government’s recent extension of the stamp duty holiday also seems to have spurred buyers into taking action.
London’s high-end homebuyers paid 12% of the stamp duty owed across England in 2020, despite accounting for just 0.1% of market transactions. Research by Enness Global Mortgages showed London’s high-end homebuyers paid out a total of £368.6m in stamp duty in 2020 alone. The current stamp duty holiday did provide some relief, with homebuyers in London’s top tier saving £4.5m in stamp duty since the holiday, although this equates to just 0.4% of the total saving made. The current stamp duty holiday has also benefited foreign buyers. Based on the average sold price for a prime property of £4m in 2020, non-UK residents saved £15,000 in stamp duty.