The High Street Banks that were the main source of finance for small and medium sized developers have virtually stopped lending on speculative property development. (more…)
Posts Tagged ‘development’
Development Finance for Small & Medium Sized Developers
Monday, September 12th, 2011Is Mezzanine Lending still Available for Property Development?
Thursday, July 29th, 2010In the dim and distant times before the credit crunch, mezzanine lending was readily available to give property developers access to 100% finance for their projects. Mezzanine funding is not cheap, at 100% level of funding the mezzanine lender would expect a 50% share of the total profits. (more…)
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