Bridging Finance Breakfast, being held on Wednesday, November 14, will take place at the city’s Racquet Club in Chapel Street between 8.30am and 10am in association with Gemini Finance and Pro Liverpool
MSB Solicitors is to host a breakfast event in Liverpool this month offering an invaluable insight into bridging finance – an increasingly important source of funding for property developers.
The Bridging Finance Breakfast, being held on Wednesday, November 14, will take place at the city’s Racquet Club in Chapel Street between 8.30am and 10am in association with Gemini Finance and Pro Liverpool.
Liverpool’s property market is on an upward trajectory and if the current level of growth in speculative development is to continue then developers will need to be open to different ideas when it comes to raising finance.
Since the financial crash the banks have been unwilling to finance speculative property developments and a new generation of entrepreneurial funders have come in to fill the gap. Bridging finance companies are among this new breed and they are often privately funded and not restrained in the way the banks often are.
Darren Barwick, an associate solicitor at MSB, said: “Funding can be structured in a number of different ways and it is important to understand how to set deals up so they don’t fall foul of the regulations.
“Iain Johnson of Gemini Finance will look to demystify bridging finance and will offer an invaluable insight to both developers and finance professionals.”
For more information or to book contact Darren Barwick at darrenbarwick@msbsolicitors.co.uk