Development Finance

Property development finance will be for property developers, private builders and self build projects. The panel of lenders all has excellent reputations for their expertise, speed, flexibility and their reliability.

In some cases a higher level of loan to value could be procured from such specialist lenders rather than attaining them from traditional high street banks.

Finance available for:

• Commercial Development (Pre let or pre sold)
• Residential development (new buildings, conversions and extensions)
• Property Trading (Acquisitions, (refurbishment and sales).
• Planned Gain Finance.
• Investment portfolios.

Criteria for Development Finance:

• Loan size £1000, 000 - £5 million.
• Terms of up to 24 months.
• LTV60% of land/ Site valuation
• 100% of building costs.
• Valuation Lenders surveyor/ valuer monitor costs, timetable and cash flow.
• Stage payments released on a monthly certification.
• Site, sites to have planning in place before drawdown.
• Use as a guide, projects should show a minimum of 25% profit on cost.
• Some lenders will accept planning gain as part of your contribution to the deal.

Whats your next step:

You can either use our online enquiry form or
contact us direct for immediate human contact on 0800 0735353.
You are under no obligation and you pay no fees until the commercial finance product is arranged.