Our team has in excess of 20 years’ experience in the UK property sector including development finance, bridging loans and asset management.
Our panel of lenders are looking for Developers with a proven track record who are developing a relevant project for the location and in established residential areas.
The criteria is set individually but as a guide they will lend 100% of the construction cost and up to 55% of the GDV (gross development value). Interest rates vary but are fixed for the term of the loan. Arrangement and redemption fees are negotiated on a case by case basis. In the majority of cases we can assure you of a lending decision in principle within 48 hours of application.
We can also assist with bridging facilities usually up to 60% of the value of the asset.
Our ethos is to provide outstanding customer service. Sourcing finance can be a difficult process for a developer with lots of form filling and time spent chasing. More often than not this can result in a negative outcome. We take away that pain by managing the process for you and making sure you receive the most relevant product available to match your requirements.