Experience
We have a wealth of experience and strong relationships in the residential development finance business with most of our team having worked previously for many years in other specialist property finance teams.
Lending Appetite
We provide stretched senior debt to experienced developers with a proven track record; We will lend up to 80% of costs as long as this does not exceed 65% of GDV; A higher LTC may be considered where a considerable planning gain has been made; Loan duration is typically 12 to 24 months; Transactions with an element of planning risk are also considered for experienced property investors with a proven record of successful planning gains; Bridging loans will be considered for investment and development properties.
Flexibility
We understand that quick decisions and flexibility are key to the property business, not only in the process up to the loan drawdown but also throughout the development where challenges are often faced that require a pragmatic and commercial approach. We aim to move swiftly and will react quickly to the challenges you face during the development process.
