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A duty of care deed is a way for lenders to have greater protection for their loans when they are lending in relation to a property which is rented out and managed by an agent.
The commercial investment market is becoming an increasingly less attractive prospect to lenders, such as banks. This being the case, many UK lenders are beginning to look towards development and developers as a potential source of income.
Many different legal structures can be used when buying commercial property, whether to gain tax advantages or shield investors from individual liability. In the property sector, these are known as 'wrappers'.
This guide was last updated in August 2011.
This guide was last updated in February 2013..