Gross mortgage lending totalled £24.8bn in July, up by 5% from June but down by 27% compared with July 2007, figures from the Council of Mortgage Lenders showed.
The Hill Group has hired Sandeep Sankoli to the newly created role of head of London land and partnerships.
On 12 October, the government announced that approximately £58m of the Brownfield Land Release Fund has been allocated to local authorities to deliver housing on underutilised public sector land.
Maslow Capital has completed a £26.7m development loan to support Meadow Partners’ residential scheme in Willesden Green, North London.
Morrisons shareholders have approved the £7bn takeover offer from US private equity group Clayton Dubilier & Rice (CD&R) after months of competitive bidding for the supermarket chain.
China Evergrande Group is likely to avoid default thanks to an interest payment it has made on a dollar bond, according to a Chinese state-owned media outlet.
Shares in WeWork have jumped 13% following its first day of trading on the New York Stock Exchange, more than two years after its previous attempted IPO failed.
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