With the current low property prices and the expectation that there will be an eventual recovery in UK property prices, lenders are once again keen to lend to sound development projects, especially where the developer can demonstrate some experience in the sector.
We’ve been seeing lenders coming back to the market during the first half of 2011 with a broad variety of products for the property investor and developer, including;
Bridging finance is a great tool for a “clean” property purchase but rarely provides sufficient funds for the purchase of trading businesses.
If you are in that situation Acorn have experience in moving the funding process along quickly and can often prove funding within 2 weeks of instruction.
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