DEVELOPMENT FINANCE

How to finance development of a garden plot

How to finance development of a garden plot One of the common questions we get asked is about how to finance a garden plot which has planning for a new build property. Do you sell to a developer or take on the project? If you take on the project and the build how do you
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loan to value myths busted

Property Finance – Why a lower LTV means a higher loan

Property Finance – Why a lower LTV means a higher loan Loan to value ratios, the amount as a percentage of a property value that will lender will lend to you. Some lenders lend 80% of property value, others will lend 70% of a property value sounds simple, but it isn’t ever quite that straightforward.
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approving business lending

How to get lending approved easier

How to get lending approved easier Play the man not the ball A sporting analogy that explains why businesses can struggle to raise finance and property developers can find it difficult to secure funding for their next project. What do I mean by play the man not the ball? It is about taking into account
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commercial mortgage magazine

Property Finance, Commercial Mortgages, What’s New?

Property Finance, Commercial Mortgages, What’s New? You want to know the latest details on raising property finance, development lending or commercial mortgages? You want all that in a simple, parodic magazine? Here it is. Commercial finance like never before. Enjoy. Get in Touch Fill out my Wufoo form!

deferred consideration property development

What is Deferred Consideration?

What is Deferred Consideration? The concept of deferred consideration is quite straightforward in that a fixed sale price has been agreed between buyer and seller with part of the price is not being paid at completion, it is instead deferred until a later date. The consideration given for the purchase has been deferred. It may
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Property finance misconceptions

Common Misconceptions About Property Finance

What I Wish I Had Known I always hated those introductions you make to a new group, perhaps at a networking do or on a course. One of the worst was ‘what do you know now that you wish you knew when you were 18?’. I won’t answer that as I once gave a wrongly
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commercial mortgages recovery loan scheme

Commercial Mortgages using Recovery Loan Scheme

Commercial Mortgages – Recovery Loan Scheme The Recovery Loan Scheme is fairly well known. What is less well known is that you can use the Recovery Loan Scheme for commercial mortgage borrowing. This means businesses who own their own trading premises as well as commercial property that is held as an investment and let out.
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holiday let mortgages

Holiday Let Mortgages

Holiday Let Mortgages Statistics from one holiday let mortgage lender showed a 30% jump in holiday let mortgage applications in the six months to March 2021. The average price of a holiday let purchase had increased from £387k in October 2020 to £435k in March 2021. This is a 12% increase in just six months.
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