BESPOKE BRIDGING LOAN

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Despite   massively   increased   levels   of   house   building   in   Britain   in   recent   years,   supply   is   still   failing   to   keep   pace   with   demand.   As   our   population   continues to   grow   and   demographics   change,   the   country   still   needs   new   homes,   and   plenty   of   them!   The   sector   has   arguably   become   over-reliant   on   a   very   small number of high-volume national developers with over half the nations new homes being built by just a handful of companies. Meanwhile   smaller   builders   and   developers   have   been   in   decline,   a   fact   recognised   by   ‘The   Homebuilders   Federation’   which   has   called   on   government   to assist   smaller   developers   more   pro-actively   and   scale   up   specialist   housing   sectors   such   as   the   retirement   market.   More   developers   of   all   sizes   and specialisms   are   required   to   increase   housing   supply   for   first   time   buyers,   home   movers,   renters   and   many   more   besides.   To   encourage   these   developers reliable, competitive development funding for smaller scale developments is vital. Development   Loans   are   designed   to   help   developers   fund   refurbishments,   renovations   or   conversions   of   existing   property   or   to   build   brand   new   properties on a ground-up basis. For developers it is important to deal with lenders who understand the key areas of development as outlined below: Commercial and residential developments New-build projects Renovations Conversions Redevelopments for existing properties Securing   a   bespoke   finance   arrangement   for   a   development   project   allows   the   developer   to   devote   their   time   and   energy   fully   towards   overseeing   and running the project at hand rather than having to fund everything through multiple channels with all the complexity this adds. Property   development   loans   are   typically   used   for   the   purchase   and   development   of   previously   undeveloped   land   or   to   convert   existing   uninhabitable buildings   such   as   factories   or   similar.   Depending   on   the   type   of   project   a   developer   wants   to   embark   on,   there   are   a   variety   finance   options   available. Refurbishment   bridge   loans   will   cover   the   majority   of   light   and   heavy   refurbs.   For   more   extensive   projects   and   ground-up   developments   'development finance' can cover both the land purchase and building costs. Experienced   developers   who   act   as   landlords   often   use   property   they   already   own   to   secure   lending.   With   enough   equity   in   an   existing   portfolio   finance   can be secured too buy more properties/land for development. Property   Development   is   a   complex   area,   especially   when   it   comes   to   finance.   Ultimately,   the   best   way   to   determine   what   type   of   finance   is   required   is   to assess how extensive the project is, how long it will take, and how much it is likely to cost in a best and worst-case scenario. The successful property developers with a quality CV that lenders look for are, by definition, good planners and adept at securing the best finance deals. Still unsure and need to explore your options? Why not consult an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record.   We   are   a   principal   lender   offering   a   range   of   loan   facilities   for   business   use   from £250K to £2.5M over periods from 3 to 24 months. Our loans are secured on freehold property across England and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time   to   understand   you   and   your   situation   and   unlike   some   of   the   bigger   banks   will   then tailor a solution that best suits your needs rather than their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506   Email: enquiry@centralbridging.co.uk   Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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BESPOKE BRIDGING LOAN

& SHORT TERM LENDER

Despite   massively   increased   levels   of   house   building   in   Britain   in   recent years,   supply   is   still   failing   to   keep   pace   with   demand.   As   our   population continues   to   grow   and   demographics   change,   the   country   still   needs   new homes,   and   plenty   of   them!   The   sector   has   arguably   become   over-reliant on   a   very   small   number   of   high-volume   national   developers   with   over half the nations new homes being built by just a handful of companies. Meanwhile   smaller   builders   and   developers   have   been   in   decline,   a   fact recognised    by    ‘The    Homebuilders    Federation’    which    has    called    on government   to   assist   smaller   developers   more   pro-actively   and   scale   up specialist     housing     sectors     such     as     the     retirement     market.     More developers   of   all   sizes   and   specialisms   are   required   to   increase   housing supply    for    first    time    buyers,    home    movers,    renters    and    many    more besides.      To      encourage      these      developers      reliable,      competitive development funding for smaller scale developments is vital. Development      Loans      are      designed      to      help      developers      fund refurbishments,   renovations   or   conversions   of   existing   property   or   to build   brand   new   properties   on   a   ground-up   basis.   For   developers   it   is important    to    deal    with    lenders    who    understand    the    key    areas    of development as outlined below: Commercial and residential developments New-build projects Renovations Conversions Redevelopments for existing properties Securing    a    bespoke    finance    arrangement    for    a    development    project allows    the    developer    to    devote    their    time    and    energy    fully    towards overseeing   and   running   the   project   at   hand   rather   than   having   to   fund everything through multiple channels with all the complexity this adds. Property    development    loans    are    typically    used    for    the    purchase    and development    of    previously    undeveloped    land    or    to    convert    existing uninhabitable   buildings   such   as   factories   or   similar.   Depending   on   the type    of    project    a    developer    wants    to    embark    on,    there    are    a    variety finance    options    available.    Refurbishment    bridge    loans    will    cover    the majority    of    light    and    heavy    refurbs.    For    more    extensive    projects    and ground-up   developments   'development   finance'   can   cover   both   the   land purchase and building costs. Experienced   developers   who   act   as   landlords   often   use   property   they already    own    to    secure    lending.    With    enough    equity    in    an    existing portfolio    finance    can    be    secured    too    buy    more    properties/land    for development. Property   Development   is   a   complex   area,   especially   when   it   comes   to finance.   Ultimately,   the   best   way   to   determine   what   type   of   finance   is required   is   to   assess   how   extensive   the   project   is,   how   long   it   will   take, and how much it is likely to cost in a best and worst-case scenario. The   successful   property   developers   with   a   quality   CV   that   lenders   look for    are,    by    definition,    good    planners    and    adept    at    securing    the    best finance deals. Still   unsure   and   need   to   explore   your   options?   Why   not   consult   an expert? Central   Bridging   are   bridging   loan   specialists   with   a   great   track   record. We   are   a   principal   lender   offering   a   range   of   loan   facilities   for   business use   from   £250K   to   £2.5M   over   periods   from   3   to   24   months.   Our   loans are secured on freehold property across England and Wales. Crucially   you   will   always   speak   to   a   decision   maker   who   will   take   time   to understand   you   and   your   situation   and   unlike   some   of   the   bigger   banks will   then   tailor   a   solution   that   best   suits   your   needs   rather   than   their own. For a confidential discussion in the first instance contact us on:   Tel 03332 400 506   Email enquiry@centralbridging.co.uk Online
Central Bridging, Granary Wharf, Wharf Road, Burton on Trent, Staffordshire, DE14 1DU Tel: 03332 400 506  Email: enquiry@centralbridging.co.uk Web: www.centralbridging.co.uk Central Bridging is a trading style of Central Bridging Loans Ltd. Registered in England & Wales | Company Registration Number 07728274. Central Bridging is not regulated by the Financial Conduct Authority (FCA). All loans arranged by Central Bridging are non regulated contracts as defined under The Financial Services and Markets (Regulated Activities) Order 2001 and the Financial Service and Markets Mortgage Credit Directive Order 2015. © Copyright Central Bridging Loans Limited Privacy Policy
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