Number Of New Homes Starting To Be Built Rises Significantly
Those of you who are property developers specializing in the construction of new build homes may be interested to hear that the number of such properties starting to be built here in the UK is the most since way back in 2008. So, if you are looking for development finance whether it is to assist with the building of one property or the completion of a housing estate with 100 homes on it then why not get in touch with ourselves.
Apparently, according to data relating to house building provided by the Department for Communities and Local Government released a few days ago you have to go back to 2008 to find when more homes were starting to be built here in the UK.
In the twelve months to June of this year there were 164,960 new homes that developers commenced building. This is a huge increase of 13% when compared with the same 12 month period leading up to June 2016.
It is no secret that there is a great need for more homes for people to live in here in the UK so the above figures are pleasing. Of course, it is to be hoped that this upward trend can continue for many years to come as we aim to build the required number of homes to house anyone that is in need of a roof over their heads.
There are numerous lending schemes available to property developers looking for development finance to help fund a building project. If you have the time then you can always try to source a competitive development lending proposition yourself although you may wish to ask yourself if your time is going to be better spent in running your business. If it is then you can always get in touch with us here at Commercial Mortgage Link and we can arrange for a specialist development finance broker to make contact with you to discuss your requirements and, hopefully, help source suitable funding.