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65% of GDV funding is available for residential developments.
Facility amount to include:
- 100% of
construction costs
- 100% of allowable
fees
- Provision for
interest (pre-calculated in accordance with developers forecast)
- Balance remaining
to be set against initial land purchase
Arrangement Fee 1.5%
Interest 7% PA
Exit Fee from 1%
Restricted Personal Guarantees will be required (10% to 20% of total
funding amount)
Scheme to show 20% - 25% gross profit
Experienced developers only!
NO FLATS!!
Please email a synopsis for consideration or contact us for
further details.
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