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...

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)...

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...

  The Rise to Prominence – Commercial to Residential Conversions CONTRIBUTORY FACTORS Recently a number of factors have taken place which have created an upsurge in commercial to residential conversions. These are being seen as profitable opportunities to...

To fund or not to fund If you have already broken ground and started your development without funding you may find yourself in a situation where funding may be required because you changed your specification or you have been offered another scheme at a compelling...

There is a little known tiered lending market for property developers in the UK. It is therefore important to know which tier you are in and if you should be looking move tiers. Visually the tiers look like a pyramid with the lowest cost providers at the top and the...

Chain Breaks and how Developers can protect themselves Whilst the country deals with a national crisis it’s inevitable that house buyers will stop a sale for various reasons and if the buyer is in a chain all parties are affected. It only takes one in the chain to...