We construct all sorts of finance for property developments.
Whether you are an experienced developer with a new project or first time developer we can look to offer a wide range of products which can suit you. We can help you work through every aspect of your scheme. Whether it is a small 5 unit development/luxury properties or large site with affordable housing element we can help structure this for you.
Experts in commercial finance
looking for property development finance?
We can also look at refurbishments and part completed sites, whilst also offering a development exit where a site has been finished but has yet to sell and you require funding for a project. We also have access to Joint Venture Lenders who will assist you with a project if required.
Typical Terms
Lenders will structure on following terms
Terms
Amount £100k – £50m
Loan to cost upto 100% as long this does not exceed 70% of the gross development value
Arrangement fee 1%-2%
Term upto 3-24 months
Rate starting from 0.5% pcm
Interest – rolled up
No Exit Fees
Tranche draw downs
Security
1st legal charge over subject property/any additional security being offered
If Ltd co – Debenture (mandatory) potentially personal guarantees