Build to Let Development Finance

Key features:

  • Property development funding for letting / private sector rental for professional landlords with a minimum of three units
  • Loans up to £10,000,000
  • Lending up to 65% open market value OR 75% restricted investment value
  • Planning consent must be unrestricted (units capable of being sold to owner occupiers)
  • BLG will seek a rental valuation in addition to a sales value
  • Letting may be taken from 120 days before forecasted practical completion if there is a qualified take out offer.

Lending Criteria:

Each application is assessed and negotiated on its individual merits but the following general criteria will apply:

The development:

  • 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
  • Available for schemes with three or more units
  • Loans 100% secured on the development property.

The developer:

  • Experienced developers / house builders
  • Must be a house builder with demonstrable track record.

How to apply:

We aim to be competitive on pricing and consider every project on its individual merits for property development finance. Contact BLG to be put in touch with your local Regional Director, who will be happy to discuss your development funding requirements.

Quick enquiry?
We're here to help

Please contact us with this quick form below and a member of our team will get back to you.

© BLG 2017 Web Design by stickee