Property development
The acquisition, construction, conversion or refurbishment of property with the aim of creating value or income.
Related terms
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Property development finance
Specialist funding used to buy, build or refurbish property, usually with staged drawdowns and a defined repayment or refinance exit.
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Development finance
Funding for property development projects, commonly secured on the site and repaid from sale or refinancing when the project completes.
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Property debt
Debt connected with property, including mortgages, bridging finance, secured loans, development finance, rent arrears or property shortfalls.
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