How Does Building Development Finance Work? Finance is essential for building successful development projects. Whether it’s a new single house, new housing site new office or shop, or the renovation of an existing property, getting the necessary financing is paramount to making things work. Development loans are a popular source of funding for developers who […]
If you’re a UK house builder and have been declined for property development finance, don’t despair. A broker can assist in finding the right lender and completing any necessary specialist documentation.
Despite an uptick in investment, small and medium-sized developers are still finding it difficult to meet rising demand for new homes due to a lack of financing. There are numerous reasons why this is happening, but one major factor is the government’s focus on large-scale developers, which has made smaller players come close to extinction over the last few decades.
Doncaster’s Local Economy and Business Doncaster South Yorkshire has a strong local economy and business. A range of initiatives have been introduced to increase inward investment and improve local skills. The town has a rich history rooted in railways, horse racing (the oldest class race in Britain is held at Doncaster Racecourse), mining and Roman […]
How does a bridging loan work ? Bridging loans are secured financial loans that fill (or “bridge”) the gap that occurs when you want to purchase a property before other funding is available. Since these loans are asset-based, you must own property, land or another asset of high value for loan approval. Many people use […]
Case study 1 – Development Finance Client seeking to use some surplus cash and pensions, to purchase a plot of land and build a single new build house on it. Client bought the site for £250k using their own funds. Client has a further £100k of own funds but needed a development loan of £135k […]