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China’s Evergrande Group, the world’s most heavily indebted property developer and the poster child for the country’s property crisis, has filed for bankruptcy protection in a US court.The company sought protection under chapter 15 of the US bankruptcy code, which protects its US assets while it attempts a restructuring deal. The code also provides mechanisms for dealing with insolvency cases…
Lloyds Banking Group (LBG) is set to launch a 98% loan-to-value (LTV) first-time buyer mortgage with a minimum deposit requirement of £5,000. With a maximum purchase price of £300,000 and borrowing capped at £295,000 based on a loan-to-income (LTI) ratio of 4.5 times earnings, from 18 May, first-time buyers can access a rate of 5.89% fixed for five years.…
X Register for free to receive latest news stories direct to your inbox Register Real estate consultancy Naismiths says it is grow its workforce by 15% over the next 12 months. The business, which is headquartered in Birmingham and employs 60 employees across the UK, is planning to expand its workforce across its national office network following a record year…
X Register for free to receive latest news stories direct to your…
An event public safety consultancy has scored a major football deal. ESM…
Stablecoins enter spotlight at EU finance talks in NicosiaCyprus Finance Minister Makis…
From technology-led transformation and rising premiumisation to a surge in domestic capital,…
A HAMILTON-BASED consultancy has broken new ground with its latest partnership with…
Commercial property management and building consultancy firm, Workman, has made 57 promotions…
Advisers have raised concerns that private equity consolidation in the sector could…
Harvey Holland Estate Agents has announced the opening of its new flagship…
Foreign investment in Bangladesh rose by 11 percent year-on-year to $303 million…
Today's average interest rate on a 30-year purchase mortgage is 6.891%, a slight increase from yesterday's 6.817%, according to Zillow data provided to U.S. News. For refinancing mortgages, today's 30-year rate is…
A property in Queensland has gone on the market with a warning that successful buyers won't be able to live in it.The pink stone cottage on Tamborine Mountain, South East…
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