Finance for Conversions
Buying property and converting from a house to apartments or to an HMO can create enormous value for the developer.
Development Finance
We are not brokers – we lend our own money as a private lender.
We offer development loans to a range of developers.
This includes first-time developers, builders and construction firms, as well as commercial housing businesses.
We do not rely on other financial institutions, meaning our customers can deal directly with us and we can support them through each stage of the financing process.
One of the most challenging aspects of starting a property development project is being eager to get the project off the ground,. We are able to provide quick decisions in principle to give you comfort that your project can get started.
- Loans from £100,000 - £1,000,000
- Typically designed to be short-term loans, we will provide you with 80% of the Acquisition requirement & 100% of building costs, up to 80% of the GDV for your project. Projects are normally completed within a 12 month period.
- The Amount of interest Charged will Depend on several factors.
- The mount of funding required form us.
- The credit Rating of the Individual or company involved
- Amount and typre of security offered.
- The Length of Funding required
- The Value of the development (GDV)
