What is Bridging Finance for Property Development?

What is Bridging Finance for Property Development?

When most people hear the term “bridging finance”, they don’t usually think of property development. Instead, they think of someone trying to purchase a property who can’t get their mortgage sorted in time. Bridging finance can help a buyer “bridge the gap”, so...
Mackenzie Byrne Hires New South West Director

Mackenzie Byrne Hires New South West Director

Development finance brokerage Mackenzie Byrne has hired Felix O’Leary as its new Director of Development & Structured Finance in the South West of England. Felix will be heading up the company’s new Bristol office, which is being opened to support SME developers...
What is Development Exit Finance?

What is Development Exit Finance?

Since the Bank of England began to increase interest rates in 2022, more and more property developers have begun to use development exit finance. So, what is it and why has it become so popular? Development exit finance is debt secured against a substantially finished...