A Quick Refresher on Property Development Finance
A quick overview of property development finance.
Property Development Finance
There are a number of options when it comes to property development
finance. The cheapest and preferred route would be arranging finance
though one of the mainstream lenders, but the choice ranges right the
way through to specialist non-status lenders.
Property Development Finance in amongst Predictions of doom for property prices
Looks like the doom and gloom merchants are out in force again. But who to believe?
Property Developer Wins Test Case Against Investors
A property developer has won a High Court case against property investors forcing one to pay £133,000 after they backed out of an agreement to purchase flats “off plan”. The High Court, in Bristol, has ordered the person to pay a whopping £133,282 in damages, costs and interest to Plymouth’s Prestige Homes South West Ltd, …
Mezzanine Loans for Commercial Property Development
We thought that Mezzanine finance in the property industry had all but disappeared. Two or Three years ago there were plenty of options with Mezzanine finance with lenders keen compete with each other. Coupled with increasingly aggressive funding terms at ever lower margins,and senior debts pushing past 90% of the value there was not much …
Property Development Finance – who is lending?
There are increasing signs of improvement in the property market, but does this mean that property developers will be able to get 100% funding again any time soon? Well, think back a few years and you will recall that relatively inexperienced developers were able to make good money just by purchasing a property and hanging …
What is Mezzanine Finance
Mezzanine finance is the funding that makes up the difference between the level of bank funding and the actual project cost. Mezzanine deals can sometimes enable a property developer to take on a project which they might otherwise not be able to finance. In a mezzanine scenario the bank loan is often referred to as …