Give me the facts
ELEGIBILTY
Property developers, house builders and private clients looking to raise funds to develop property in England, Wales, Northern Ireland and Scotland. We also have funding for Ireland.
Up to 70% of gross development value, 100% with additional security.
MINIMUM AGE
21
MAXIMUM AGE
No upper limit – subject to underwriter review
AMOUNT
£100,000 – £25 million
DURATION
Up to 36 months
REPAYMENT
Monthly serviced or rolled up
INTEREST RATE
From 0.33% per month
SECURITY REQUIRED
First or second charge registered against a property/site
SPEED OF DECISION
Quote within 10 minutes of enquiry, credit backed decision the same day
TIMING OF CASH
Can be funded as quickly as 48 hours but normally in under 15 working days
APPLICATION PROCESS
Online enquiry, call, postal applications or face to face meeting
Best used for
Site finance – funding for both commercial and residential use classes
Plans for both experienced and inexperienced property developers
Development finance
Planning gains
Joint venture development plans
Commercial, residential and mixed-use projects
New build, conversion or refurbishment
Repayment can be built in to sell and/or build to rent
Sales period finance on completed projects
Key features
Interest calculated daily
Rolled up interest facility
Valuation and legal fees at cost
Plans with no early repayment charges
