Tom Howells, Property Finance & Secured Lending Specialist Behind the Scenes of BRIDGING FINANCE & PROPERTY DEVELOPMENT

What really happens behind the scenes when a bridging or development finance lender assesses a property deal? In this episode, Mark Watts is joined by Tom Howells, Chief Operating Officer at Signature Property Finance, to explore specialist property finance from a lender's perspective. Drawing on Tom's background in property law and secured lending, they discuss why legal due diligence, speed and understanding the exit from day one can be just as important as the headline interest rate. In this episode, we discuss: ·       Tom's journey from property law and secured lending into specialist property finance ·       What lenders look for when assessing bridging and development finance applications ·       Why early legal due diligence can prevent costly problems later ·       Why a quick "no" can sometimes be more valuable to an investor than a slow "yes" ·       How experienced specialist solicitors can help identify solutions rather than simply highlighting problems ·       Why bridging finance shouldn't be compared with a standard term mortgage on headline rate alone ·       The importance of considering speed, flexibility and the total cost of funds ·       Why your exit strategy, future mortgageability and issues such as EPCs, fire risk and building warranties need to be considered from the outset ·       Why service and execution can sometimes matter more than securing the cheapest rate This episode is a useful listen for property investors, developers and landlords who want to better understand how specialist lenders assess deals and what can help an application progress more smoothly.   Exclusive listener offer from Signature Property Finance: If you contact Signature for terms on a new deal after listening to the Prime Property Finance Podcast, they are offering free lender's legal fees and a free AVM, where applicable. Email [email protected] with the subject line "Prime Property Finance Podcast" to access the offer. To find out more about Tom Howells and Signature Property Finance: ·       Personal LinkedIn: www.linkedin.com/in/thomashowells81  ·       Company LinkedIn: www.linkedin.com/company/3620735/  ·       Website: www.signaturepropertyfinance.co.uk  ·       Email: [email protected]  ·       Office: 02922 520308    If you're considering bridging or development finance, Prime Property Finance can help you structure your deal, assess the available lending options and work with specialist lenders to find a solution that fits your project. Contact us now if you would like to know more Home - Prime Property Finance Disclaimer This podcast is produced by Prime Property Finance, an independent mortgage brokerage. The views expressed are for general information purposes only and do not constitute personal or financial advice. Listeners should avoid taking action based solely on the content discussed and are encouraged to seek advice tailored to their individual circumstances. The information shared reflects the personal opinions of the hosts and any guest speakers and does not necessarily represent the views of Prime Property Finance as a company. Prime Property Finance is not responsible for any losses or actions taken as a result of this podcast. Privacy Policy - Prime Property Finance