Development Finance

We provide property development finance for commercial
or residential development for property developers, private builders or self build projects from a simple refurbishment to
a 100 unit plus new build.

Our panel of lenders have excellent reputations for their expertise, speed, flexibility and reliability. In most cases
a higher level of loan to value can be obtained from such specialist lenders than can be obtained from traditional high street banks.

Finance is available for:

• Commercial Development (Pre let or pre sold)
• Residential Development (New build, conversions, extentions)
• Property Trading (Acquisition, refurbishment and onward sale)
• Planning Gain Finance
• Investment Portfolios

Development Finance Criteria:

• Loan Size £100,000 - £5 million
• Term Up to 24 months
• LTV 60% of Land/ Site valuation, 100% of build costs or
• LTV 70% of Land/ Site valuation, 70% of build costs
• Lender’s surveyor / valuer will monitor costs, timetable and cashflow
• Stage payments are usually released on monthly certification.
• Sites to have planning in place before drawdown
• As a guide, projects should show a minimum of 25% profit on cost.