New Development Finance Products
Development finance options continue to be available for experienced house builders and those undertaking their first conversion, refurbishment or development project.
Whilst some areas of the specialist finance market have tightened, new innovative lending products continue to be released to assist with projects of all sizes, lending parameters being pushed further to deliver higher loan to value options and increased loan to costs allowing for reduced equity or capital commitment and enhanced return on equity for developers, making their money go further.
New Development Finance Products
- 95% loan to all costs, 70% LTGDV
- 90% loan to all costs, 75% LTGDV
Recent terms structured include client cash stake requirement of just £60k against a GDV of £4M and total costs of £3.200M.
CBILS Development Exit
- 0% Arrangement Fee
- 0% Interest
- 0% Exit Fee
- 12 Month Term
