Category: Construction Finance
Embarking on a building project, whether it’s a home renovation, commercial construction, or a new addition to your property, often brings with it the need for substantial financial investment. The question many individuals and businesses find themselves asking is: Can you finance building work? In this blog post, we’ll explore the various avenues available for […]
Read MoreSelf-build loans provide ambitious (and financially savvy) individuals and businesses with the opportunity to construct their own homes from scratch, often with significantly lower overall costs than purchasing an existing property. Unlike traditional mortgages, self-build loans release funds in a series of stages, aligned with the completion of key stages of the project. Borrowers are […]
Read MoreDo you know how construction projects in the UK are financed? Construction finance has a long and fascinating history that stretches back centuries and continues to evolve till this day in order to meet the changing needs of the industry. Historical Origins Long ago, during medieval times, construction finance relied on loans provided by wealthy individuals or […]
Read MoreIf you’re looking to build a new structure or renovate an existing one, construction finance can play a major part when it comes to gaining the money needed to take on such a project. During the construction phase, the funding from construction finance is distributed gradually to match the progress of the project. The lender […]
Read MoreThere are several credit products available that may be employed in the construction sector. The sorts of loans you can utilise for building are illustrated below: Construction Loans: A construction loan is often given in instalments, with the lender releasing cash after the conclusion of each stage of development. Short-term loans of this kind are […]
Read More