Showing posts with label property development loan. Show all posts
Showing posts with label property development loan. Show all posts

Monday, 18 August 2008

Property Development Funding - 100% Funds available in the UK

Many UK property development lenders in the highly geared loan market are now sitting on their hands and not lending. However 100% funding is still available although severely restricted in supply. One of our 100% residential property development loan lenders has an appetite and positive lending attitude for part completed developments bought below market value from receivers.

If you are a UK developer who has identified such a property based opportunity then we would like to hear from you via our main web-site.

Eland Business Services Limited are Property Development Loan Brokers.

Wednesday, 30 July 2008

Commercial Loan - update

Finance offerings in the commercial loan market place continues to change weekly.

Just recently we have been informed of changes to either prices or criteria in the following commercial areas:-

Price increases in the cost of equipment leasing from a number of lenders.

In the short term leasehold business sector one of the main lenders has pulled out of the market.

A major bridging loan lender has announced slight price reductions accompanied by a large reduction in what they will lend against property values.

It goes without saying that virtually all high geared property development loan lenders have either greatly tightened their lending criteria or are sitting on their hands!

Commercial deals can still be placed but overall the quality of any business finance proposal submitted by either brokers or borrowers needs to be much higher than previously required.