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, from buy-to-let and commercial mortgages, to development finance. Another financing solution that has become a critical component in the UK investor or developer's financial toolkit is 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?