Undertaking a refurbishment or conversion? The best way to finance these kinds of projects is with refurbishment bridging loans (or ‘refurb loans’). 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 interest rate rises, you might have heard more and more about development exit finance. But what is it and why has it become more popular? What is development exit finance? 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...
Over the past couple of years, it has felt like a bit of a rates (ahem) to the bottom in terms of how much debt will cost you. By reducing rates or by keeping them the same and increasing leverage beyond 70%, development finance lenders have been making debt...
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