Lift as you rise Issue 52 August 2022 Aug 2022 | Page 22

PROPERTY & INVESTMENT
20 P R O P E R T Y N E W S

PROPERTY

FINANCE – what

Finding finance

Developers large and small need finance to start their development projects – whether they be residential or commercial .

developers need to know

in an increasingly difficult market , which now has a looming cost of living crisis and an increase in interest rates , what can developers both locally and abroad expect ? Will it become easier or more difficult to secure finance to fund the build of developments ? And what are financiers looking for from developers before a deal is secured ?

Estate Living talks to Ross Gandy , managing director UK at FinTech business EstateGuru ; Gary Palmer , CEO of Paragon Lending Solutions ; and Gareth Davies , head of development finance at commercial lender Hodge Bank , to find out what developers should be doing to secure finance timeously and what they can expect in the future .