What Is The Cost of Borrowing?

The Cost of Borrowing Pop quiz. What is the cheapest loan out of these two – Interest rate 5% Interest rate 5.5% Sounds simple doesn’t it. The interest rate is cheaper so that must be the best loan option. That said, you probably realised the obvious answer was wrong and went for the more expensive
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Building Development Finance

Development Finance For a while now the high street banks have been reluctant to lend to the building sector where any degree of construction, new build, self build or development is concerned. This means development finance has almost ceased (particularly projects under £5m). The net effect has been that many development opportunities (particularly residential developments)
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