The Development Finance Post

Most bridging and development finance applications that get delayed are not delayed because the deal is bad.

They are delayed because the deal pack is incomplete.

The underwriter comes back with the same questions every time:

• Where is the GDV evidence?
• Is the refurb scope costed by a qualified contractor?
• What is the confirmed exit and when?
• Are there any title issues or planning queries outstanding?

Each query adds days to the timeline. Each day costs bridging interest.

The fix is to answer all of those questions before you submit, not after.

AssetEye's Funding Readiness Assessment is part of the Deep Review (£997). It reviews your deal pack from the lender's perspective and identifies every gap before your broker submits.

It does not guarantee lending. It does mean your application is not the one the underwriter puts at the bottom of the pile.

If you're preparing a bridging or development finance application in the next 30 days — worth a conversation.

andy@asseteye.co.uk