Uninhabitable properties can be a challenge to secure finance against and are often seen as more high risk projects in the eyes of banks. Bridging lenders and residential bridging loans could be the solution.
“The price you pay for the site will depend on these factors, and getting them wrong can have disastrous effects.” It may sound obvious, but the price for a property can be argued to be the most important factor when evaluating a successful development. Too often, an incorrectly priced property, i.e. paying over the property’s value can become the downfall of a developer.