Mortgages & Finance for Property Development
For Property developers, Private Builders or Self build projects. 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.
Complete a contact form or call 0115 9849800 to find out how our experts can help you to secure the commercial mortgage or other property finance you need.
Finance is available for:
- Commercial Development (Pre let or pre sold)
- Residential development (New build, conversions, extentions)
- Property Trading (Acquisition, refurb 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
- Valuation 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.
Some of our lenders will accept planning gain to be part of your contribution to the deal!
Complete a contact form or call 0115 9849800 to find out how our experts can help you to secure the commercial mortgage or other property finance you need.
