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Development Funding

Fund your latest developments

Funds are available for profitable property development and refurbishment projects which fit the criteria. From experienced builders and property Developers undertaking another project to those undertaking their first project, funding is available with loans starting from £50,000 upwards.

Property Development Finance criteria:

  • All residential property types supported – flats, semi's, detached, terrace, mews
  • Commercial, Industrial, Office and mixed-use developments supported subject to a demonstrable demand
  • Applications should be supported by good evidence of demand in the local area 
  • Short Term Loans available for minor property refurbishments and 'makeovers'
  • If properties are to be retained on completion a long term re-finance option can be provided
  • Demonstrate sufficient margin to absorb possible future reduction in the anticipated gross developed value (GDV) of the project. GDV and all development (including construction) costs should be independently assessed and verified

How much can you borrow?

Under normal circumstances we are able to provide loans equivalent to 70% of the estimated GDV of the project, however, in instances where clients can provide additional security we can often provide funding up to 100% of all site purchase, development and finance costs up to a limit of £50 Million. We also provide 'Mezzanine' finance on a second charge to facilitate additional 'top-up' funding.

Several factors contribute to the over cost (loan amount, term, development type) so the rate of interest and fees payable vary from project to project. We strive to secure you the most competitive & comprehensive finance package for your development project and any facility setup fees are agreed initially and are generally nominal in relations to the overall project cost.

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