Commercial Property Development Finance
We now have a funding option for experienced property developers with a good track record, looking to create new residential buildings from the ground up or as conversions.
Covering England and Wales, with emphasis on quality developments in the South East, London and the Midlands specifically, we offer competitive fees and interest rates. Our team of specialists have a real desire to help you find the perfect solution to your needs and will work with you throughout the development to facilitate this.
- Maximum advance - 60% of current site value + 60% of development costs. For selected development sites located in London and the South East of England, funding of up to 75% of costs is available.
- Maximum loan to GDV - 60%
- Interest rates agreed by negotiation
- Fees - 2% in & 2% out (exit fee is calculated on facility amount, not sales value)
- Maximum loan term - 24 months
- Minimum Loan amount - £500k
- Maximum loan amount - £5m
Before you apply
We may ask you for moreinformation to support your application
Or call us on 0333 321 4000