- Funding up to 90% of costs plus roll up interest
- Loans are blended funding via 80% senior facility plus a 10% mezzanine facility
- Loans from £500k to £10 million, larger considered
- Loan terms typically 12 to 30 months.
Each application is assessed and negotiated on its individual merits but the following general criteria will apply:
- Residential developments: houses, flats, new build, conversions and mixed-use
- Projects located in England, Scotland and Wales in areas with strong demand
- Projects must have planning in place
- No restriction on the number of units
- Loans 100% secured on the development property.
- Experienced developers / house builders
- Must be a house builder with demonstrable track record.
How to apply:
We seek to be competitive on pricing and consider every project on its individual merits. Contact us to be put in touch with your local Regional Director, we will be happy to discuss your funding requirements.