Why are funders so cautious about development finance?
By Steve LevertonDevelopment FinanceExperienced property developers know their business and the pitfalls and are good at managing risks – so the ultra-cautious response of many lenders to requests for funding causes frustration. Many forms of property finance have returned to something near normal over the last year or so, but lenders are still reluctant players in the development market. The reason is that
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