How is it possible to purchase property bargains from property auctions without paying cash? Auction house purchases require a 10% deposit to be paid when the hammer falls with completion to be within 28 days. If this does not happen you could lose your deposit. (more…)
Posts Tagged ‘property’
How to Purchase Properties At Auction Without Committing All Your Own Capital
Wednesday, April 27th, 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…)
UK Property Prices Expected to Dip Before End of 2010
Tuesday, June 8th, 2010The Times reported this week that there may be a small dip in UK house prices before the end of 2010. This is can be attributed to the fact that the average house price is just out of reach of first time buyers (more…)
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