Finding property development finance is more complex now profitable sites have become increasingly difficult to find, and many commercial mortgage lenders move away from this sector.
Options for property developers
We are able to take advantage of the best of all the UK banks and property development lenders to offer property developers:
> Funding for large scale developments to renovation projects.
> Finance for residential and commercial property developments.
> Borrowing up to 85% of the site purchase price.
> Borrowing up to 100% of the build costs.
> Rates from as low as BBR + 3% depending on experience.
> Lending to Individuals, Partnerships and Ltd Co's.
> Staged payments to keep interest costs to a minimum.
> Interest costs and charges can be rolled up into the loan.