UK’s prime property finance platform
CapitalRise has advanced a £2.5 million loan to fund a new development based in southwest London, according to a recent blog post by CapitalRise.
The company – which has revealed that it had lent over £100 million to luxury property developers since being established by Finchatton’s
Alex Michelin and
Andrew Dunn with ex- Wonga chief
Uma Rajah (in 2016) – stated that the loan will be used to fund the acquisition and development of two new-build semi-detached luxury houses located in
West Wimbledon.
The developer, Fulham-based Bluecrest, has a track record in offering “boutique” resi schemes on the outskirts of the capital, in areas such as Putney, Epsom, West Drayton, and Bracknell. A statement noted that the end products will have “exceptional south-facing views, and a high-quality finish,” and will also appeal to local and international buyers who are interested in gaining easy or convenient access to green space.
autoevolution
James Bond fans from all over the world can always find something they can use to play-pretend at being 007 themselves. That could be movie merchandise, or more expensive memorabilia, an actual Aston Martin DB5 or some other car with franchise ties, or – for those with really deep pockets – a triplex that turns cosplaying into a different kind of ball game.
Live Out Your James Bond Fantasies in This Gorgeous Triplex at Grosvenor Square 29 Jan 2021, 8:05 UTC ·
by
Call this the ultimate James Bond get, right after you secure a real DB5 that’s been used during filming. An entire triplex in an iconic building with a rich history, styled as a James Bond homage, topped with five-star hotelier services by the Four Seasons, in the heart of London. Raise a glass to Apartment 0.07.
The Living Room at Number 1
In a decade bookended by global crises, starting with financial meltdown and ending in pandemic, global property markets have been on a constant rollercoaster ride. And none more so than central London, whose own fairground attractions in recent years have included the Brexit Knife Edge and the Boris Bounce.
The Prime London market has faced a barrage of coconuts since hitting its last peak in 2014. There have been stamp duty hikes and punishing tax changes for buy-to-let investors, there was a certain EU referendum, political chaos, Corbyn-phobia, Covid…
But there’s still hope, thinks Ed Lewis, head of London Residential Development Sales at Savills. “Believe it or not, London has been incredibly resilient and its bright lights will burn again. It has seen year on year falls since 2014 and it is due for a recovery.”