property developer

Property Developer Wins Test Case Against Investors

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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, …

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What is Mezzanine Finance

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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 …

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