REAL ESTATE FINANCE

Finance for real estate can be raised a number of ways including:

• first, and subsequent credit foncier mortgages
• interest only loans
• sale and leaseback, purchase and leaseback
• joint venture
• equity, and partner sharing
• company share subscription
• syndication
• property trusts.

Finance for housing is available from:

• savings banks
• permanent building societies
• terminating building societies
• cooperative housing societies
• trading banks
• defence service homes loans
• life insurance companies
• superannuation funds
• employers
• solicitors' trust funds
• finance companies
• vendor finance.

Finance for development is available from:

• trading banks
• superannuation funds
• insurance companies
• fixed trusts
• trustee companies
• merchant banks
• finance companies.

The cost of a housing loan varies with the source, type of loan, and extras charged by the lender. Generally, banks are the cheapest lenders with private companies, the dearest.