BTC Builder Posted June 22 Author Share Posted June 22 6 minutes ago, Marvin said: Hi @BTC Builder Ignoring the irrelevant stuff.. Who's QS has said estimated build cost is £400k-£700k based on their own cost per sqm. Is it the lenders QS? If its the lenders QS, they look at it a different way. From the point of view of protecting the lender. It's all about risk. You say it will only cost £200k by you managing the build and going through the family business. They say what happens if, for any reason, you and/or your family business cannot do the work. What cost will it take someone else to complete the building? That's the lenders risk. That's pretty much how it ended. What if I die? How will my wife do it was the quick summary. In the end they refused to look through the lense of doing it myself, it had to be through a project manager, paying a premium on everything. I've found another lender now who appears to be on board. 1 Link to comment Share on other sites More sharing options...
Marvin Posted June 22 Share Posted June 22 11 minutes ago, BTC Builder said: That's pretty much how it ended. What if I die? How will my wife do it was the quick summary. In the end they refused to look through the lense of doing it myself, it had to be through a project manager, paying a premium on everything. I've found another lender now who appears to be on board. Well done! Good luck with your project! M 1 Link to comment Share on other sites More sharing options...
Watts Posted July 1 Share Posted July 1 Hi I have a feeling I am in a similar situation. Which lender was the original one? And which one did you end up using? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now