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Client showcase
Residential development finance
Recent schemes funded by Wolsey
£10.5 million development of 64 apartments in the South East
£2.3 million development of 8 houses in the East Midlands
£25 million funding package for a top 100 UK housebuilder
£3.9 million development of 24 flats in the South West
£8.9 million development of 50 houses in Scotland
News
We update this section regularly with Market News to keep you abreast of what is appearing in the press on the subject of house-building and wider issues concerning the market.
July 2008
Source: Professional Housebuilder & Property Developer
Different age groups of readers reading this will look back at the last recessions very differently.....however, in those cycles inflation was...
June 2008
Shared Equity provides opportunity
Source: Tameside Reporter
The expansion of the Government’s Shared Equity Scheme will benefit housebuilders as well as first time buyers and key workers, according to leading...
June 2008
Source: Housebuilder www.house-builder.co.uk
"Unless we see dramatic action by central Government we are in a downward spiral and no-one knows where it is going to end," comments CEO...
May 2008
Bank of England holds interest rates at 5%
Source: Building
Decision not to cut the cost of borrowing will disappoint housebuilding and property sectors. The House Builder's Federation had called for a...
May 2008
“While the decision by the MPC not to cut interest rates is disappointing, it is no longer the most significant factor in preventing the economy from...
April 2008
MPC cuts interest rate to 5.0%
The reduction in the interest rate today is a positive move by the Bank of England but I anticipate that its impact will be minimal on the housing...
March 2008
Developers looking for a lifeline
Property developers facing tough times with credit are urged to consider all funding options available to enable their businesses to keep building...
March 2008
Housebuilders feeling the pinch
Source: Birmingham Post
In the wake of the credit crunch, lenders have tightened their credit facilities and housebuilders in particular are feeling the pinch....
March 2008
Budget focused on "stability" misses opportunity
Source: Housebuilder www.house-builder.co.uk
Chancellor Alistair Darling has delivered his first Budget, missing a key opportunity to give the housing market a much needed injection by reforming...
March 2008
“Today’s decision to maintain interest rates, while it will not be a surprise for many, sends out a message that the MPC is not in touch with the...
February 2008
Wolsey sets its sights on growth in the North with the appointment of two new directors
Wolsey Securities, the leading residential finance specialist for housebuilders, has appointed Martin Parker and David Ruffley as Development...
February 2008
Source: Daily Express
House prices went up by almost £1,000 in December as the property market staged a surprise rally. Home owners faced with soaring bills were...
February 2008
Source: Housebuilder www.house-builder.co.uk
New housing minister Caroline Flint gave her first speech on February 5. While focusing on social sustainability, Flint has stressed that the issue...
February 2008
Chancellor's optimistic outlook
Source: Sunday Times
Alistair Darling, in a speech last week, confirmed his view that Britain’s housing market should not suffer the woes of America. The points he made...
February 2008
“The MPC’s decision to drop the interest rate this month by 0.25% after stalling last month is a positive step. This gentle cut compared to the US...
January 2008
Looking for action in February
There is a need for action from the Bank of England in the face of the economic downturn facing the UK, comments Wolsey. “Last weeks FTSE slide...
January 2008
Wolsey attracts top duo as directors
Source: Scotland's New Homebuyer
Wolsey Securities, leading finance specialist for housebuilders, has made two senior appointments as part of its strategy for growth in Scotland....
January 2008
Bank of England holds rate at 5.5%
Source: Housebuilder www.house-builder.co.uk
The Bank of England’s Monetary Policy Committee on January 10 decided to maintain UK interest rates at 5.5%. Interest rates were reduced by 0.25%...
January 2008
Wolsey comments on MPC’s decision to maintain interest rates at 5.5%
“Today’s decision is a clear sign that the MPC is not sufficiently in touch with the realities affecting UK consumers. While last month’s cut was a...
January 2008
Prices slowed but market looks positive for 2008
Source: Housebuilder www.house-builder.co.uk
House price growth has slowed but there is no cause for alarm, according to Assetz House Price Watch. The index, an overview of data supplied by...