Saving Stream in the News

Saving Stream has been featured in major publications

Published on 01/08/2016 by The Guardian

According to a report by funding firm Saving Stream, conversions dropped from 563 in 2015 to 413 for the same period in 2016. The decline is attributed to a lack of funding, uncertainty following Brexit, the increase in stamp duty on second homes, and adventurous builders being put off by horror stories on TV shows.

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Published on 01/08/2016 by The Telegraph

New figures show the number of agricultural buildings being converted into residential properties has dropped by a quarter. Conversions dropped to 413 earlier this year from 563 for the same period in 2015, according to a report by funding firm Saving Stream.

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Published on 01/08/2016 by The Daily Mail

The decline has also been attributed to uncertainty following Britain's decision to leave the EU but more must be done to encourage builders to tackle conversion projects, a spokesman for funding firm Saving Stream said.

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Published on 01/08/2016 by Express & Star

Converting agricultural buildings, such as barns and stables, into housing has been popular among farmers, said funding firm Saving Stream.

Spokesman Liam Brooke said: "Converting agricultural buildings such as barns are one of the most effective ways of combating the UK's chronic rural housing shortage and in the uncertain post-Brexit climate, UK farmers are looking to ramp up activity in this area.

"It is important that access to funding is improved, developers are keen to take up the large number of opportunities available to them but time and time again a lack of funding is holding them back."

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Published on 20/06/2016 by City A.M.

According to new data from peer-to-peer property funding platform Saving Stream, bank loans to property developers fell from £32.5bn in April 2014 to £14.9bn in April 2016.

Meanwhile, alternative financing options have entered the mainstream, as property developers seek new sources of capital.

Liam Brooke, co-founder of Saving Stream, said:

"The days when banks dominated the property development lending market are well and truly finished – it's now just as likely to be a debt fund, high net worth individual or a peer-to-peer lender that gets the spades in the ground. This kind of lending is something that banks would still like to do, but the regulatory restraints that have been put on them mean it isn't viable for them."

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Published on 23/05/2016 by City A.M.

Saving Stream found that smaller developers are struggling with the limited ability of banks to provide development finance for commercial property, with larger institutions forced to hold more regulatory capital against lending for new developments than for pre-let and pre-sold developments.

"The banks just aren't able to lend to commercial development on anything like the scale that they once did, and smaller commercial developments are struggling to get off the drawing board as a result," said Saving Stream's Liam Brooke.

"The big listed developers still have plenty of access to finance for large office, retail or industrial developments, but it's a different story for smaller developers looking to get spades in the ground on more modest plans."

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Published on 27/06/2016 by AltFi

Saving Stream, founded in 2013, matches investors with property borrowers. These borrowers seek to develop and refurbish property, as well as acquire private and commercial property. Saving Stream offers a high-interest rate of 12 per cent per annum, allowing investors to lend a minimum of £100 and manually select the property projects they wish to invest in.

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Published on 01/08/2016 by PropertyWire

Saving Stream adds that banks are continuing to de-risk their balance sheets as much as possible, driven by the capital holding requirements placed on them by regulators in the wake of the credit crunch and that private investors are stepping in to help finance these projects as they are attracted to the competitive annual returns of 12% on offer for secured loans at a maximum loan to value ratio of 70%.

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Published on 22/06/2016 by Property Reporter

Saving Stream says that commercial property transactions in May 2016 reached 10,790, a high since the credit crunch – up from 9,650 the same time the year before.

Saving Stream explains that the rise is in part due to the surge in funding of commercial property transactions by alternative finance providers, including peer-to-peer lenders. It says that alternative finance providers have been stepping in to fill the funding gap left by the regulatory restrictions limiting bank lending within the commercial property sector under Basel III.

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Published on 21/06/2016 by Specialist Finance Introducer

Saving Stream explains that the rise is in part due to the surge in funding of commercial property transactions by alternative finance providers, including peer-to-peer lenders. It says that alternative finance providers have been stepping in to fill the funding gap left by the regulatory restrictions limiting bank lending within the commercial property sector under Basel III.

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Published on 23/06/2016 by Bridging & Commercial

Data published by peer-to-peer (P2P) investment platform Saving Stream showed commercial property transactions reached 10,790 last month, up from 9,650 in April. The firm partially attributed this rise to alternative and P2P lenders filling the gap left by Basel III regulations, which limited bank lending within the commercial property sector.

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Published on 22/06/2016 by propertyfundsworld

Saving Stream says that commercial property transactions in May 2016 reached 10,790, a high since the credit crunch – up from 9,650 the same time the year before.

Saving Stream explains that the rise is in part due to the surge in funding of commercial property transactions by alternative finance providers, including peer-to-peer lenders. It says that alternative finance providers have been stepping in to fill the funding gap left by the regulatory restrictions limiting bank lending within the commercial property sector under Basel III.

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Published on 05/07/2016 by Mortgage Introducer

Liam Brooke, co-founder of Saving Stream, said: "Mark Carney's announcement is just what the property sector has been wanting to hear – the additional bank lending this should free up will help support the UK's crucial commercial and residential property markets."

"In the past two years, there had been a significant slowdown in lending for both commercial and residential property – especially for new developments – but this announcement should now get the banks to look again at property funding."

"For banks, these regulatory capital constraints have meant that property funding just hasn't been viable in the same way as it was prior to the recession."

"Increased lending by banks is also great news for early stage financers of property and the bridging industry, because it should help to keep property prices buoyant. With many experts predicting a cut in interest rates in the coming months, residential and commercial property should also continue to be favoured as a high-yielding investment opportunity in the long-term."

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Published on 06/07/2016 by Bridging & Commercial

Liam Brooke, Co-Founder of Saving Stream, said that Mr Carney's announcement was just what the property sector has been wanting to hear.

"The additional bank lending this should free up will help support the UK's crucial commercial and residential property markets.

“In the past two years, there [has] been a significant slowdown in lending for both commercial and residential property – especially for new developments – but this announcement should now get the banks to look again at property funding."

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Published on 06/07/2016 by PropertyWire

According to Liam Brooke, co-founder of Saving Stream, the announcement is just what the property sector has been wanting to hear. 'In the past two years, there had been a significant slowdown in lending for both commercial and residential property, especially for new developments, but this announcement should now get the banks to look again at property funding,' he said.

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Published on 01/08/2016 by Farming UK

Saving Stream, the peer-to-peer property funding platform, says that there is considerable appetite amongst farmers concerned about EU subsidies after the recent Brexit vote to target alternative ways to diversify income.

The conversion of agricultural buildings, including barns and stables into residential property, has been one of the most popular options for farmers.

Saving Stream says that despite concerns about the potential effects of Brexit on the UK property market, agricultural-to-residential property conversions could still make significant financial sense for farmers.

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Published on 06/07/2016 by Development Finance Today

The move is expected to result in £150bn in new lending across the UK and is seen as great news for the commercial and residential property market, according to peer-to-peer property funding platform Saving Stream.

Liam Brooke, Co-Founder of Saving Stream, said that Mr Carney’s announcement was just what the property sector has been wanting to hear.

“The additional bank lending this should free up will help support the UK’s crucial commercial and residential property markets.

"In the past two years, there [has] been a significant slowdown in lending for both commercial and residential property – especially for new developments – but this announcement should now get the banks to look again at property funding."

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Published on 01/08/2016 by Belfast Telegraph

Converting agricultural buildings, such as barns and stables, into housing has been popular among farmers, said funding firm Saving Stream.

Spokesman Liam Brooke said: "Converting agricultural buildings such as barns are one of the most effective ways of combating the UK's chronic rural housing shortage and in the uncertain post-Brexit climate, UK farmers are looking to ramp up activity in this area.

"It is important that access to funding is improved, developers are keen to take up the large number of opportunities available to them but time and time again a lack of funding is holding them back."

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Published on 01/08/2016 by Shropshire Star

Converting agricultural buildings, such as barns and stables, into housing has been popular among farmers, said funding firm Saving Stream.

Spokesman Liam Brooke said: "Converting agricultural buildings such as barns are one of the most effective ways of combating the UK's chronic rural housing shortage and in the uncertain post-Brexit climate, UK farmers are looking to ramp up activity in this area.

"It is important that access to funding is improved, developers are keen to take up the large number of opportunities available to them but time and time again a lack of funding is holding them back."

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Published on 01/08/2016 by Guernsey Press

Converting agricultural buildings, such as barns and stables, into housing has been popular among farmers, said funding firm Saving Stream.

Spokesman Liam Brooke said: "Converting agricultural buildings such as barns are one of the most effective ways of combating the UK's chronic rural housing shortage and in the uncertain post-Brexit climate, UK farmers are looking to ramp up activity in this area.

"It is important that access to funding is improved, developers are keen to take up the large number of opportunities available to them but time and time again a lack of funding is holding them back."

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Published on 01/08/2016 by Jersey Evening Post

Converting agricultural buildings, such as barns and stables, into housing has been popular among farmers, said funding firm Saving Stream.

Spokesman Liam Brooke said: "Converting agricultural buildings such as barns are one of the most effective ways of combating the UK's chronic rural housing shortage and in the uncertain post-Brexit climate, UK farmers are looking to ramp up activity in this area.

"It is important that access to funding is improved, developers are keen to take up the large number of opportunities available to them but time and time again a lack of funding is holding them back."

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