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Firstly, development building has many factors that can delay development schedules and increase costs.
Secondly, in reference to property developing, there’s no exact science to valuing something that doesn’t yet exist.
I knew Lendy offered higher risk loans but I was prepared to accept the extra risk for the higher return possibilities.
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I have been investing through Lendy since June 2015.
Once development is completed, the value may have fallen or risen. Thirdly, if a development loan falls into arrears midway, going through the legal administration process can be completed.
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