Why use a finance broker? What are they actually good for? Like all intermediaries, brokers are essentially middlemen. They send a few emails and make some introductions, then sit back and wait to collect their fee when a transaction completes. Nothing to it. It would...
Undertaking a refurbishment or conversion? The best way to finance these kinds of projects is with a refurbishment bridging loan (or ‘refurb loan’). Here’s how they work. How Refurbishment Bridging Loans Work Like ordinary bridging loans, refurb loans...
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...
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...
A good development finance broker is invaluable. Brokers can save you time and effort by sourcing finance for your property development project. This frees you up to concentrate on what you do best: building houses. But a good broker can be hard to find. As with...
Equity funding for property developers is money invested in development projects by external parties. These parties could be private individuals, institutions, or funds. Equity funding is different to debt provided by a bank or non-bank lender. Banks and lenders lend...
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