Property development often seems like a business venture for people with wads of disposable cash. But realistically, how much money do you need? We’re discussing deposit requirements and if getting into property development is worthwhile.
Welcome to February’s Industry Insights, the inside track on property development. Read our views on the current economic climate, house price correction, adapting to the new market and why 2023 will hold plenty of opportunities.
We’ve all been captivated by the transformation journey of property, whether on the countless TV programmes or the extensive renovations of a neighbour’s home. So what are the pros and cons of property development?
How a property development project is financed can affect everything from how quickly the project progresses to how profitable it will be. It also impacts how quickly you scale your business. So, why is development finance important?
Every property development scheme has vast differences in scale, build type and budget, which means developers need different types of finance for each project. So, what are the different types of development finance?
There are numerous ways to finance property investments, including development finance, commercial mortgages and so on. One financing solution that has become a critical component of the UK developer's financial toolkit is that of bridging finance.
Bridging loans are a quick, convenient way to fund fast-moving property transactions or plug temporary funding gaps, but what are the bridging loan eligibility criteria and what do you need to apply?
Using a bridging loan for property development has become a key financial tool for most developers, both in commercial and residential builds. So what are the differences between commercial and residential bridging loans?