The Bank of Mum and Dad | A Legal & General Special

The Bank of Mum and Dad

New findings from a study by Legal & General and Cebr show that familial financial support, often called the Bank of Mum and Dad, will be crucial in revitalising the UK housing market. Faced with economic challenges from the COVID-19 crisis, nearly a quarter (23%) of housing transactions in 2020 will rely on the Bank […]

Development Loan | UTB 70% LTGDV Funding For £5m Development

Development Loan

Development loan   United Trust Bank (UTB) has pledged £5 million to revamp an urban brownfield site in Cambridge. The project, led by Factory Estates, is called The Gateway. It features a five-storey building with 13 modern apartments and commercial spaces on the ground floor. Consequently, UTB’s funding will revitalise the city centre, promoting urban […]

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