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‘FREEZEHOLD’ to End Finance Famine at Stansted Business Show
‘Freezehold’, an enterprising approach to property purchase in a time of finance famine, will find plenty of takers at the Stansted Business Show, to be held at the Hilton Hotel, Stansted Airport on April 8th 2011.
As well as taking advantage of the business-to-business networking opportunities afforded by this unique event, visitors will be introduced to a scheme that gives them the opportunity to invest in new business premises without waiting on banks or other lenders for funding.
The Freezehold scheme will be showcased by property developers Frogmore at Stand X, where delegates will also have the chance to win a magnum of Champagne by playing the Freezehold Buzzer Game.
Essentially, the Freezehold scheme allows prospective purchasers to lease a new property at a modest rent with the option of purchasing it later at a pre-agreed price, when funds become available. The scheme is unique to Frogmore, who guarantee that the price remains frozen – hence the name – whatever happens to property values in the meantime.
The Freezehold scheme has proved so successful that it has been introduced as standard practice at a number of Frogmore business parks throughout the UK. These include M11 Business Link, Stansted, Crossways, Dartford, and Edward Court, Altringham.