Bank lending to property developers halves in two years

Bank lending to property developers has halved over the last couple of years and it's stopping firms from starting new projects.

“For smaller developers who are already struggling to find funding for their developments, these added costs can be the final nail in the coffin", says peer-to-peer lender

The world’s biggest peer-to-peer mortgage platform, LendInvest, has announced a "strategic alliance" Plentific.com, a property portal aimed at the renovation/investment/development market.