Development Finance
Short Term Property Funding
Property Development Finance provides you with short term funding for residential and commercial property construction. From new builds to conversions and refurbishments, we will release an agreed amount to fund land purchase and thereafter the remainder of the facility will be released in arrears in pre-agreed stages.
Ease your Cash Flow with Property Development Finance
- Agreed amount released on day one with remainder of facility released in pre-agreed stages
- Simple and efficient application procedure
- Applications welcomed from experienced and inexperienced customers
- Funding for residential and commercial developments
Property Development Finance Loan Terms
- Property Development Loans from £100,000 to £1,000,000
- 6 – 18 month’s term
- We lend in England and Wales
- Up to 50% LTV*
- First charge on freeholds or long leaseholds
- Arrangement fee from 1%
- Exit fee from 1% of sales/end value
- Interest from 3% over Bank of England Bank rate, subject to a minimum pay rate of 9%
- We are more than happy for the interest to roll providing this can be accommodated within the Loan To Value
*A higher LTV may be considered if suitable collateral security is available.
Development Finance Lending Sectors
- New build projects
- Conversions
- Refurbishments
Find out more…
01329 234294
Email us
Download Information Sheet
Complete the Enquiry Form
Your home may be repossessed if you do not keep up repayments on your loan.