DEVELOPMENT & PROPERTY BASED FINANCE

Suitable for property developers of varying experience for both residential and commercial property development.

In recent years there has been an increase in the number of lenders who specialise in this form of funding, which is much needed to support developers to build more residential properties to reduce the current housing shortage.

Such funding usually comprises a loan to purchase the land/site and the cost of development up to typically a maximum Loan to Gross Development Value (LTGDV) of 70%