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Bank Development Finance from 5.37%
UK Wide
Loans from £500,000 up to £5m
Up to 18 month terms
Rates from 5.37% p.a. (based on equal drawdowns over 9 months)
Up to 60% of GDV
Up to 75% of the total project costs funded
100% of the build costs funded
65% of any site purchase price funded
1st Charge taken, or on another viable asset
Planning Consent preferred
Limited Personal or Corporate Guarantees required
Non-Bank Major Development Funding from 7%
England & Wales
Loans from £1million to £10million
Up to 19 months
Rates from 7% p.a.
Up to 75% of GDV
Up to 95% of the total project costs funded
100% of the build costs funded
1st Charge taken
Top Up Mezzanine Funding also available if required
Planning Consent preferred
Limited Personal or Corporate Guarantees required
Boutique Development Funding from 10%
Loans from £100k up to £500k
UK wide
Up to 18 month terms
Rates Between 10-12% p.a. (based on equal drawdowns over 9 months)
Up to 55% of GDV
100% of the build costs funded
50% of any site purchase price funded
1st Charge taken
or a 1st charge on another viable asset
Planning Consent preferred
Possible to fund some sites without planning. Contact us to discuss
2nd/3rd/4th Charge lending & Planning Gain Finance also available