Covid-19: Property Development Agreements & Development Finance in a Recession
Lessons were learned in the 1980, 1990 and 2008 recessions, but sadly have been quickly forgotten. From experience of dealing with the fall out of these recessions, what can we predict for what might happen in the next 6 months? How can sellers, developers and investors protect their position by considering their options now rather than in the middle of a firestorm?
Effect on Conditional Contracts & Overage
Planning system delays
And in 6 months’ time…
What can landowners and investors do?
Step in rights & lenders Repossessing problem sites