A question I am sometimes asked is, ‘Peter, what is the ideal amount of loan to value to have spread across a portfolio, or even on individual properties, and how would you know what that figure is?’. Well, it’s an interesting question, and I have to say that in my […]
1. You must provide some security The home you are building covers much of this (although half-finished work has a pretty depressed value). Generally the loan is structured so that the lender provides around 95% of finished value. In practice, this means you pay for 5% of the land cost […]
