ASK’s CEO and Co-founder comments in Property Week on how the government’s plans will hamper financing of vacant retail

“Ultimately, underwriting an asset that only has six months of guaranteed vacant possession is going to be difficult.

Traditional lenders shy away from unconventional lending…This leaves developers with the only option of notoriously costly, short-term finance provided by a niche market of specialist lenders who understand the planning process and can turn loans around in short timeframes.”

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