DEVELOPMENT LENDER PANEL
Today’s market can be a challenging place for property developers. Through our close lender relationships and expert placement advisers, we can help secure the best possible development funding terms for your client.
- Up to 70% gross development value
- Up to 70% of land acquisition value
- Up to 100% of build costs
- Up to 80% of loan to cost (land acquisition cost + build cost + professional fees)
- Terms 3 to 24 months
- Staged payments
- Interest can be rolled up or retained
- Finance available for residential and commercial development
- Finance available for conversions and refurbishments
- Lending in England, Wales, Northern Ireland and Scotland
Here are some examples of cases we have been able to assist with:
- Facilities to assist with the acquisition programme as a developer expands its delivery of quality new homes.
- Facility to fund a development in London, which has provided 228 apartments.
- Facility to assist with the acquisition and development of 96 residential apartments and associated car parking spaces.
We are able to assist experienced developers with the best possible terms and help arrange the ‘exit’ from the development funding. We can also help less experienced developers and developers looking for 100% funding using JVs (Joint Ventures).
If you are Directly Authorised or an Appointed Representative of a Network other than our own you can access all of our packaged products including any exclusives or semi exclusives and receive 100% of the commission as displayed here. If you would like to access any other product for your client or want Connect to take the compliance responsibility, we can assist you on a referral basis.
If you are a Directly Authorised Adviser or obtain your permission to trade through another Network, you can still tap into Connect’s specialist knowledge, lender relationships and exclusive products by using us to package your client’s applications for you. More.