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first_imgAn innovative new collection of apartments, exclusively for the over 60s, has launched in Purley with Frosts Estate Agents. Carriages by PegasusLife is a peaceful retreat in the heart of Purley, a short walk from the high street, close to the train station, only 30 minutes away from central London.PegasusLife is working closely with local agent, Frosts, to introduce the Carriages development which was designed by award-winning architects, Woods Bagot.Many of the 28 apartments have a private terrace and floor-to- ceiling windows, the communal lounge and rooftop terrace create a peaceful oasis and include features such as a reading corner, communal larder and shared dining table, for those moments when people prefer to step out of their own apartments and meet other Carriages residents. The development also has a guest suite for friends and family to stay the night.Ben Gershon from Frosts says, “We have many customers who want to downsize and stay close to their families but they do not want to compromise on style and the brilliant access a place like Purley provides.“Many retirees want somewhere to live that is smaller than the family home, but also offers the opportunity to socialise and be part of a community. They are looking for something far removed from traditional retirement homes. With Carriages we now have something to offer these customers.”Prices start at £368,750.land and new homes PegasusLife apartments Carriages urban homes October 26, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Land & New Homes » Urban escape: right on track at Carriages previous nextLand & New HomesUrban escape: right on track at CarriagesThe Negotiator26th October 20160528 Viewslast_img read more

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The member business lending market for credit unions is on the cusp of change, with revisions to National Credit Union Administration regulations (NCUA 12, CFR Part 723) slated to take effect Jan. 1, 2017. Among the most impactful changes are removing loan-to-value limits, lifting aggregate limits on construction and development lending, and giving credit unions discretion in determining the necessity of personal guarantees.According to Jim Devine, CEO of Hipereon Inc., Redmond, Wash., these changes level the playing field as credit unions go head to head with banks in a competitive, rate-driven environment. Devine leads CUES’ schools of business lending, including CUES Advanced School of Business Lending™: Commercial Real Estate Lending, slated for September in Santa Fe.“Credit unions have felt [they were in] a disadvantageous position because they couldn’t previously book loans without getting waivers for LTV issues and personal guarantees,” he says. “Now these two issues are going to be removed.”Even so, credit unions have begun to experience downward pressure on margins in the commercial real estate arena, driven by banks that have recovered from the recession and are offering refinance deals at highly aggressive rates. continue reading »last_img read more