Conversions
Buying property and converting from a house to apartments or to an HMO can create enormous value for the developer.
Converting Properties will usually require quick and flexible lending which traditional lenders cannot provide. We understand the value which can be created by a developer through having the vision to convert a property into something completely different which they may want to sell or rent out for long term income.
We are able to lend 80% of the property purchase costs and 100% of the build cost up to 80% of the GDV