LDS Sales Guarantees announces further fee reduction
03 Nov 2022
LDS has today announced a top-level fee reduction and a simplified fee structure.
The LDS Sales Guarantee removes uncertainty by ensuring the purchase of
any unsold homes and improves returns by releasing a zero-interest cash deposit. It is in increasing demand from developers, lenders and finance brokers as market conditions continue to worsen.
From today, the maximum fee developers will pay for the Sales Guarantee is reduced by 14%. The
fee structure has also been improved to allow for easier understanding and quicker processing.
Mark Hawthorn, CEO of LDS Sales Guarantees said:
“We constantly challenge ourselves to improve our offering, no matter the market conditions.
It is this drive to provide the simplest and most cost-effective option for lenders and developers that has driven these changes. The new lower fees apply with immediate effect and will apply to all Sales Guarantee proposals that are live with lenders, developers
and brokers”
“The finance and housing markets are becoming more challenging and uncertain by the day. LDS
removes uncertainty, enables lending and unlocks housing supply. We are proud to be able to reduce the cost to our customers when they are facing increased costs and risk in most other areas of operations”
LDS provides Sales Guarantees for SME housebuilders by contracting to acquire any completed and unsold homes on a site pre-construction.
More information can be found at
http://www.LDSyoursite.com