One of the major problems with property development lenders is that it can be a little awkward to stay abreast of all the different nuances, developments and changes.

Constant comparison and monitoring can prove a tall order, but it can be rewarding in the form of insights into the different lenders’ pros and cons, and getting the cheapest deal. Most importantly, you need to understand how the lenders operate, so here’s a breakdown when it comes to property developer finance.

Pre-Approval

Standard property lending is calculated via a percentage of the property value, with the value dropped to 80%, to take into account repossession and low resale value risks.…