Moneyfacts.co.uk has chosen B2B to offer a bridging loans brokerage service. Any legal or contractual relationship will be with B2B.
Property development loans are a type of short-term lending that allows a developer to finance renovation or refurbishment of a property.
In the current tough economic climate you must be able to demonstrate very strong credentials to secure a loan, having one or more of the following:
Property development finance tends to have higher set-up fees than commercial mortgages. Money can be released in stages and repayments can be deferred until such time as you sell the property, or secure a commercial mortgage based on the final valuation after work has been completed.
You may be able to get a commercial mortgage that will lend on property development. However, the distinct advantage of a specialist short-term loan is that you may be able to get the funds you need quicker, over a shorter term (where the loan is easier to redeem if you intend to develop and sell).
Request callback to arrange property development finance Compare commercial mortgages
The annual Business Moneyfacts Awards is the highlight of the business finance calendar, and last ni... More
Are you among the 15% of British workers who hope to become self-employed? It’s a career move that i... More
Are you in the field of business finance? Then you’ll be familiar with the Business Moneyfacts Award... More
Building up a cash buffer can be a vital part of business management, particularly in uncertain time... More
Running a successful company demands strong organisational skills, business acumen and a keen eye fo... More
Is your charity business account paying little interest? Find the best paying charity accounts here... More
When it comes to the day-to-day running of your business, the financial product that you need to be ... More
Cambridge BS has launched a new 100-day business notice account, which has entered the Best Buy char... More
Bank of Cyprus UK has increased rates by 0.15% across a selection of its business bonds. The one-yea... More
United Trust Bank has increased the rate on its one-year business savings bond, which now sits at th... More
United Trust Bank has launched new 100-day notice business and charity accounts, which have earned c... More
Union Bank of India (UK) Ltd has increased selected business savings rates by up to 0.20%, which see... More
Please send me emails with the latest Moneyfacts news, best buy products and specially selected third party offers
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.