100% Development Finance available from UK bank!

By: Chrome Commercial Finance  16/12/2009
Keywords: 100% property development funding

 

100% Development Finance available from UK bank!
 
Residential developments only

New builds, conversions and refurbishments 
Apartments/ flats only considered if pre-sales in place
No pre-planning or outline planning cases accepted
No more than 5 units
England and Wales
 
Maximum loan £1.25m
Minimum loan £250k

Up to 100% of land purchase and build costs 

Up to 70% of GDV (including interest roll-up)
Interest from 1.5% pcm
1.5% arrangement fee added to loan
No exit fees
Will consider deferred payments on land purchase

Keywords: 100% property development funding

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