Development Finance
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Key Product Criteria
Development finance is a loan that can be utilised to fund the acquisition or refinance of an existing property or land and fund the construction of development in all forms; permitted development, extensions & conversions and ground-up development across the whole UK.
Purpose:
(Re-)Finance property/land acquisition and development construction.
Maximum loan size:
£7,500,000
Loan term:
6 to 36 months
MAX LTV:
70%
MAX LTGDV:
70%
MAX LTC:
90%
Arrangement fee:
2% (1% to brokers and 1% arrangement fee if business is direct)
Interest method:
Rolled-up
Monthly rates from:
0.89%
Charge:
First
