by Aaron Barry | Jan 22, 2021 | Property Investment
Did you know that finance is available now for refinances under the Government backed CBILS scheme? This scheme provides borrowers with the following benefits: Free Valuations Free legals First 12 months interest costs paid No Arrangement Fee No repayments at all in...
by Aaron Barry | Jan 20, 2021 | Property Development
Since the arrival of Covid and the stop start economy, a number of developers have resorted to using a bridging loan product called developer exit. The concept is simple – having built the plots in the scheme the developer can raise finance against the market value...
by Aaron Barry | Nov 25, 2020 | Uncategorized
Since the scourge of Coronavirus caused our country to enter into a series of partial and full lockdowns, the question for property developers has been – IS LENDING LOCKED DOWN? I am pleased to confirm that lenders have been active throughout the lockdown. At...
by Aaron Barry | Nov 9, 2020 | Uncategorized
DEVELOPERS ‘RACE AGAINST THE CLOCK’ FOR STAMP DUTY BENEFITS By Aaron Barry Since the Government announced a stamp duty holiday there has been a hive of activity in the building sector resulting in a welcome 15.6% increase in property transactions in August. (gov.uk)...
by Aaron Barry | Aug 18, 2020 | Uncategorized
I have commonly been presented with applications for lending from developers who have negotiated a deferred payment to the vendor. Securing an agreement to a deferred payment on a land purchase can be very advantageous for the property developer, as this is in effect...
