A guide to mezzanine finance The Latin root of mezzanine is medianus “of the middle”. This is a great starting point and prompt to describe this fascinating part of the capital stack. This word is found in many industries within property, it is generally used to describe a secondary source of debt. Mezzanine Finance can…
Did you know you can rebook a rate 6 months before your fixed rate period on your mortgage expiry? Then after that 6-month period if a better deal appears you can switch. This process can save you thousands over the lifetime of your mortgage. A common dream/hope we hear is to ‘pay off the mortgage…
We are seeing more enquiries for HMO finance. This is a specialist area in which Hallcroft Finance has the expertise and can assist. In order to meet the classification of a HMO, the property must be the tenant’s main or only residence. Where a property is let to students &/or migrant workers, it will be…
In Autumn 2021, the Hallcroft Investment Club supported our existing client Greenplan Designer Homes with the purchase of the five-house project in Mannings Heath, West Sussex, close to Horsham. In record-breaking time, by September 2022, all five houses had been built and sold and the mezzanine loan repaid, well ahead of schedule. Look at the…
In Summer 2021, the Hallcroft Investment Club supported Maycroft and Close Brothers with the purchase of the three house project in Uffington, Oxfordshire, the village of White Horse fame. Scroll forward to Autumn 2022, the detached barn has been built and sold and the mezzanine loan repaid, well ahead of schedule. Take a look at…
Introducing the Hallcroft Finance YouTube channel, featuring business, property and finance topics aimed at people wanting to learn more about different aspects of property finance. On the channel, you can expect to find, our past webinars, including Deal Clinic, resources such as development appraisal templates, and comparisons of different funding structures. If you are interested…
When thinking about real estate finance, it’s important to think ahead at how your investment will pay off. As well as careful planning, it’s beneficial to know some common yet costly mistakes that many make when agreeing real estate finance, so that you can avoid them. In part four of this five-part series, we will…
The Hallcroft team were introduced to Steve and Mark at Maycroft Homes by Close Brothers and we have all worked together on a successfully completed scheme in Dorset. In summer 2021, the Hallcroft Investment Club supported Maycroft and Close Brothers with the purchase of their next development. Set in picturesque Uffington, Oxfordshire, the village of White…
Before the year is over, we’re happy to say that we will be going live one more time with another webinar. This time we’ll be bringing you: Property Development Finance: Myths of the Capital Stack. In part three of this five-part series, we will be discussing different elements of property development finance, with this month’s…
You may well have seen this property on our LinkedIn before. The property looks impressive in my opinion. However, beneath the surface is a cauldron of issues that have been ignored for several years. Way back in December 2013, my first child was about to be born. In line with growing up and becoming an…