Headline property data indicates that the residential market is going through a bit of a lull at the moment. But developers who look behind the numbers and beyond the capital will find plenty of positives. It would be easy for property developers to feel gloomy about the current residential property market. There has been some …
Can the growing build-to-rent sector help smaller developers?
Build-to-rent is seen by many as a possible solution to the UK’s chronic housing shortage. If so, can it help smaller developers fight back against the industry’s dominant large players? The build-to-rent sector grew 30% last year, according to figures from the British Property Federation. In the first three months of this year, there were …
Can modular homes help smaller developers compete with the large housebuilders?
The use of pre-engineered modular homes is growing and is starting to change housebuilding in the UK. Can it help smaller developers steal a march on the larger developers? In a speech earlier this year, prime minister Theresa May placed part of the blame on the UK’s housing crisis on developers. “The gap between permissions …
Lack of new homes is down to the government – not developers and land banking
Last month, the government said it plans to tackle the shortage of new homes in England. Its pledge follows reports that planning permission has been granted for more than 423,000 new homes in the UK that are still waiting to be built. Theresa May said she will make it harder for developers to hang onto …
Five things a developer should do to secure mezzanine funding
Make a proper plan Be realistic about sales prices Explain the project in writing Tell us about yourself and your track record Be transparent about your senior debt Read more in: Development Finance Today – 19th February 2018
6 great reasons to use mezzanine finance on your next development
Some people see mezzanine finance as a form of last resort lending, but this is wrong. Many of our clients choose to use mezzanine finance even though they are able to fund their developments themselves. The question is, why? Mezzanine finance is used to fill the gap between a developer’s equity and the senior debt …