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Amber Valley Homes Ltd
Building Solutions (Midlands) Ltd
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Land and Property Options
There are various types of land options and development structures they are often tailored to suit the various parties involved in a particular development. Land options are used when a freeholder wishes to retain the freehold but sells the “options” or right to develop the site to a third party. Special purpose vehicles are often limited companies set up to manage and finance an individual development, they offer the advantage of “ring fencing” the finance, liabilities and some taxation issues. Mezzanine funding is a phrase used to describe additional investment in a financed property development, it describes the additional funding that is added to the main bank finance, put in simple terms it is the bit on top. Hence the mezzanine. Planning gains are the financial gain that is immediately made once a planning permission is granted for a site and the value of that site increases as a direct result of the new planning permission.
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