Build and development funding
Call us free on0800 389 4131
Provides funding for new build (residential or commercial) or short term funding solutions.
- Development and new build funding is available from 1% over base.
- Funding is normally structured over a minimum of 3 months and up to 12 months.
- Interest can be 'rolled up' and added to the loan.
- Lenders can offer stage payments for up to 100% of the development costs, subject to valuation at each stage.
- Up to 70% funding is available to purchase the site and up to 100% of the development costs.
- For security, lenders will take a first legal charge over the site or property to be developed/funded.
- Loan amounts from £30,000 upwards can be considered.
All facilities are subject to satisfactory valuation and formal underwriting.