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Starting a company require a lot of work and immense planning. From naming and registering the company to actually establishing it, a plenty of energy goes into it. In such a scenario, it only makes sense to hire a UK accountant to handle all the finances and the paper work rather than doing it all by yourself. Not every business owner is well-versed with the nuances of finance.The UK accountants provide you with services such as company...more
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It's no secret that mortgage lenders have actually been stingier today with their dollars, then in the past. This is true both in the residential and commercial estate industries; it's just more complicated today for developers to find the funding they have to set up their office buildings, multi-family jobs or subdivisions.Obtaining financing, though, is especially challenging for commercial developers. This isn't surprising. Lenders have seen record numbers of defaults and foreclosures since the Great Recession began in 2008. These foreclosures have cost lenders a significant amount of money, and they've made them skittish when making loans to developers.This means that today's commercial developers must bring projects of the highest quality to traditional mortgage lenders if they do expect to receive commercial financing. For instance, lenders are more likely to provide mortgages to builders who present them with a project that is already significantly pre-leased. A multi-family project that has already leased out 70 percent of its units is a good bet to receive commercial financing. A retail strip center built on spec, in which only 20 percent of the available storefront spaces...more
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