
David Burns
Articles
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Oct 9, 2024 |
mondaq.com | David Burns
This article explores some key factors a bridging lender may consider when deciding whether to enforce its security, as well as the main methods of enforcement available to lenders. 1. Has the borrower defaulted? If so, is the breach serious enough to justify enforcement, or are there alternative solutions that should be explored first? 2. What is the borrower's financial position? Can the borrower realistically repay the loan within a reasonable period?
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Sep 23, 2024 |
mondaq.com | David Burns
A Property Joint Venture is a business arrangement where two or more parties agree to collaborate for the purpose of creating value, typically through the acquisition, development, and/or management of a property. Joint ventures are a popular method of sharing risk and pooling knowledge and expertise, enabling investors to access properties that might otherwise be unattainable or unsuitable for a single party.
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Sep 20, 2024 |
mondaq.com | David Burns
RF Ronald Fletcher Baker More For over 75 years, Ronald Fletcher Baker LLP has been providing expert legal advice from its offices in London, Manchester, and Exeter. The firm has considerable experience in acting for medium to large national and international companies, governments, financial institutions, high net worth individuals, families, and corporate investors, many of whom are based overseas.
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Sep 20, 2024 |
mondaq.com | David Burns
Note: This article examines the remedies available to landlords when a commercial tenant breaches a lease. It does not cover remedies for non-payment of rent, as this is detailed in the article "What to Do If Your Commercial Tenant Is Not Paying Rent".
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Sep 20, 2024 |
mondaq.com | David Burns
Bridging finance is often used by property developers and investors in various situations, for example, where investors are buying a new property while waiting for the sale of another property or waiting for a refinance on another property. Before obtaining bridging finance it is worthwhile considering your exit strategies and understanding the consequences in the event that you default on the loan. Failing to repay a bridging loan on time can have serious consequences.
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