Development Loan

We can arrange finance for site acquisition and development for all types of property development from large scale commercial or residential sites to simpler renovations and extensions.

 

Typical guidelines would be 60% of GDV with a maximum LTV of 50% of site value & 75% of build costs.

 

  • Proof of income may not required if you can demonstrate the project is sufficiently profitable;
  • Previous experience in property development may be required for larger projects;
  • Credit problems including defaults, CCJ’s and arrears can be considered;
  • Evidence required of professional build team including architects, QS etc

 

Call Us Today on 0345 273 3322 or 07901 332273 evenings/weekends.