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Housing Today
Trusted media brand of the Chartered Institute of Housing
SME house builders receive £1bn boost
Property lender Assetz Capital and sales guarantee creator LDS to provide finance for development loans
SME house builders in England and Wales are to benefit from a £1bn finance package from sales guarantee creator LDS and property lender Assetz Capital.
The package will include development loans with a sales guarantee and will provide funding of up to 95% of project development costs. It will also guarantee for the purchase of any unsold completed homes.
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