100% JV scheme with no liability!

By: Chrome Commercial Finance  14/12/2009
Keywords: property developments, development finance, property development finance

 100% JV scheme with no liability!
-       IHT/ CGT Avoidance scheme
-       Funded 100% with investor equity
-       Site will be purchased, and sometimes will pay an uplift if planning gain present
-       No interest payable
-       100% of all costs paid
-       No liability to developer other than to build under a JCT contract at price quoted, if no re-sales or losses then the fund absorbs the loss with no claw-back
-       Developer can profit from build
-       Profit split is 40% developer, 10% bank, 50% investors
-       Min lending size £2m, max £7m
-       Minimum Return on Costs requirement is 33%
-       Houses only. NO APARTMENTS.
Geographical preference is South of the M4, but will consider dealing elsewhere if the site is in a very prestigious location.

Contact us for further details.

Keywords: 100% property development funding, development finance, property development finance, property developments,