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What’s wrong with new build mortgage valuations?

by Chris Gregory
 

When lending on new build, should lenders just rely on the mortgage valuation? There is other data available that can be used in valuing new build developments. Chris Gregory, CEO at Developer Solutions Ltd (DSL), explains

During the boom period leading up to 2007 a culture of greed swept through the banking and finance industries. The housebuilding sector was not immune to this: driving...

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