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.
Bridging loans can be used for almost any purpose so long as there is enough equity in the property. The UK Bridging Loan market is estimated to be worth £2.5 billion and the demand for bridging loans is believed to be growing by 25% year on year. Bridging finance can be made available for many …
Some people regard 100% property development finance as the holy grail of property funding. So it is not surprising that it is one of the most often requested types of loan. We should say right at the outset that 100% development finance is possible, however there are several important criteria that a lender will look …
It is estimated that of the 200,000 new homes built in the UK last year approximately 20,000 were self-build developments, this is a two-fold increase on the previous ten years. This trend is also expected to increase, perhaps following in the steps of popular tea-time TV shows. The driving force behind the self-build explosion is …
When people first start looking for property development finance they are confronted by a range of different options. One common misconception is that property development funding is only applicable to larger projects. In fact, there are plenty of lenders willing to assist with quite modest refurbishment schemes. In one recent case a borrower with limited …
Whilst most of the UK is experiencing a chronic shortage in housing stock, the “one man band” property developer is probably going to be the unsung hero.Why? … Well, most of the larger property developers do not see enough profit in refurbishing existing property and are more interested in grand scale new-build schemes. Meanwhile the …