Before the credit crisis lenders were prepared to provide large loans on expensive properties throughout the country but with the crash most of these facilities were withdrawn. Are large bridging loans still available? Yes is the simple answer, but as with all things it is not that simple. (more…)
Posts Tagged ‘uk’
Are Large Bridging Loans Still Available?
Monday, February 28th, 2011Is Funding Available for Small Development Projects in the UK?
Tuesday, July 13th, 2010After all of the High Street Banks have had their fingers burnt in the recent financial crash and with a lot more pain to come due to over indebted developments now not financially viable or that have been mothballed. The High Street Banks effectively own large land banks which they do not want to foreclose on as then the debt would have to be written off. (more…)
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