According to latest research from Regentsmead; a leading lender of development finance, 80% of developers in the UK have concerns about raising finance for various projects over the next twelve months. The research is supported by a recent housebuilding survey from Knight Frank which revealed that many developers are experiencing little improvement in bank lending and would like the Government to apply more pressure on banks to lend to small businesses.
In an effort to allay some of the existing concerns over gaining timely and efficient access to a bespoke level of finance, Regentsmead has announced its intention to host a specialist seminar on Thursday 27th March at The St Botolph Building in London’s Houndsditch. The seminar will provide developers with some inside information on all areas of property development including access to finance, planning and architectural issues, as well as warranty provision.
Commenting on the launch of the event, ‘The One Stop Developer Shop’, James Bloom, CEO of Regentsmead says:
‘As the lender of choice for 4 out of 5 developers, we want to address some of the concerns circulating in the industry regarding gaining access to finance. The event aims to shed light on some of the most common pitfalls associated with financing various projects and provides developers with an open forum to ask questions to our panel of experts on a variety of issues from planning to warranty provision. Bank finance is still difficult to obtain and typically can take several months. We can deliver ‘in principle’ offers within minutes, often after just one phone call. We can also promise speed, flexibility and reliability that comes with a personal level of service you wouldn’t expect from any other lender.’