Cash is king for property developers

July 22, 2010

With large UK developers looking at rights issues and other more imaginative ways of raising finance it is a sure sign that there are some fabulous opportunities out there for speculative property developers with ?cash on the hip?.
Many of the banks and lenders who have played a role in development funding previously are still simple too exposed to commercial property loans. So to mitigate their risks they are not prepared to lend against development sites and commercial properties. So as the old saying goes ?money goes to money?, developers make the cash when they sell but they make the really profits by picking up sites for a fraction of their value. Property Networking

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