Pragmatism of Bridging: Releasing Equity Prior To Planning Permission Comes At A Cost.
Sometimes there are costs in order to make a profit and in this example, given the current climate there are profits to be made by condensing time. Utilising more sophisticated approaches to finance, we’re able to extract capital from a pre-completion project in order to deploy funds more profitably elsewhere.
When it comes to Bridging there are simpler & cheaper alternatives but these often lack the ability to take a view on certain types of projects and therefore it would be easy just sit back and wait.
However for the savvy investor working to seize opportunity and with an awareness of the challenges and opportunities in the current market, cost of missed opportunity is substantially more than a few percentage points.