A Special Purpose Vehicle or SPV is generally a type of company that can be set up to hold a property. Where property developers want to obtain finance for their projects an SPV is normally used as it is a company that can be used on one project only and therefore represents fewer risks and […]
Extended Interview with Rory O'Mara from Closed Bridging Finance
For high-net-worth individuals wanting to get involved with the short-term financing of property projects, there is a lot of money to be made. But, it is a business filled with risk and you need to make sure you understand the issues, do your due diligence and put together a good team of valuers and legal […]
There are hundreds of different ways of investing in property but which ones make the most sense over the long-term? Today Rory O’Mara from Closed Bridging Finance looks at the investment strategies that he feels have the best returns including buy-refurbish-sell (or hold), self-contained units, office-to-resi conversions.
Issues such as the removal of mortgage interest rate tax relief and the practice of stress-testing property portfolios by lenders are increasingly making the lives of landlords more difficult and many have already started to dump their stock. But, if you know your market you can still succeed in property.
Bridging loans are a way of leveraging money. The more access you have to finance you have the more projects you can take on at any one time and the more money you can make. But you need to make sure you understand the terms and conditions of these loans properly. If you make a […]
Typical rates for Bridging Loans are typically around 1% but as with any kind of debt financing, the details will depend on a number of factors. Today Rory and Amy discuss the cost of debt financing and try to pin down exactly what an average bridging loan would cost a property developer to make use […]