Mortgage approvals slipped slightly in August to 52,317, but remained close to July’s upwardly revised 52,404, the highest since April 2008. Net mortgage lending rose by £1,009 billion, the biggest rise since February.
Plans to redevelop Burgess Business Park to provide several hundred new homes alongside more modern office space in the area have been green-lit by Southwark Council’s planning committee.
Vita Group is expanding in Northern Ireland after agreeing a funding deal with MRP to develop a 271-apartment purpose-built student accommodation (PBSA) scheme in Belfast.
Home REIT has announced that it has acquired an additional 199 properties for its portfolio for a price of £85.1m.
Prologis has added two new logistic assets totalling over 330,000 sq ft across two south London sites to its portfolio.
Lord Michael Bichard, the civil servant who led the review into the governance of the Royal Institution of Chartered Surveyors (RICS), has been named as its interim senior independent governor.
Developer Thackeray Group has sold an office development in Putney, south-west London, to a private investor for just over £30m.
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