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Taking on a property to develop is a serious and complex matter. If you get it wrong you could end up in a lot of debt. Property developing can be successful if the entire project is planned thoroughly without risking stretching your finances and underestimating the real cost of the project.
Although property development is becoming increasingly popular, developing a property is a competitive and risky business. This is also another reason that professional property developers in general look for clean plots with granted planing permissions in place. It is important to know that in property development is directly your money placed at risk.
Banks and lenders have always finance experts on their teams to provide financial advice an suitable funds and packages available.