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Mezzanine Finance for Property Funding – up to 100% Mezzanine Property Finance is a second mortgage on a property, where specialist lenders lend (subject to status) further funds above the maximum a commercial property lender is prepared to commit. Mezzanine Finance is available to private individuals, trusts, limited companies and PLC’s for property both in the UK and overseas. Positive Commercial Finance can arrange both Development Mezzanine Finance and Investment Mezzanine Finance. We have the expertise and contacts to structure a funding deal for you. We discuss and negotiate with lenders personally on your behalf, and work hard behind the scenes to give you a tailored fit for finance in accordance to your needs. Each proposal is seen case by case on its own merits. Please contact Positive Commercial Finance with your a Mezzanine Property Investment Finance or a Mezzanine Development Finance enquiry on the number below. Mezzanine Development Finance – 100% The Mezzanine Development Finance Funding comprising of 30% of the land purchase and 30% of the development funds is provided by another lender. These funds will cost in the region of 2 to 2.5% per month with an arrangement fee of 1 to 5% (minimum £5000). Some Mezzanine Development Funders will charge a more competitive interest rate but will want a share of profits. The higher loan to value the Mezzanine Property Development Funding facility that is provided the larger the profit share that is required. Preferred Schemes include non City Centre residential with a 12 to 18 month build time and a value of up to £10m for Mezzanine Development Finance Funding schemes. Mezzanine Property Investment Finance Mezzanine Property Investment loans are fairly complicated transactions but allow the borrower to borrow at a very high leverage – 90% and even 95% is entirely possible. A typical Mezzanine Property Investment loan is generally for a maximum term of 3 years and would have set up and exit fees (Between 1 and 2% each) and a rate of around 4% or 5% plus LIBOR. From £50k up to £100m. Every Mezzanine Property Investment Finance deal is different. If you have a Mezzanine Property Investment Finance or a Mezzanine Development Finance enquiry please email details or call the number below. Case Study – Mezzanine Development Funding 100% A private developer was building 2 new detached houses in surrey. After all other financing avenues had been explored, Positive Commercial Finance brokered a deal whereby 70% was provided by high street bank and 30% was provided by Mezzanine development funding. Contact us now! |
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