Semi-Exclusive Development Finance product

Development Finance Product 

Up to 70% Loan to GDV or 85% Loan to Total Project Costs (whichever is the lower)

2% Arrangement Fee (with no additional broker fees)

Interest at 8% per annum, charged against the drawn sum

1% Exit Fee (based on the facility amount

Up to 24 months

Minimum loan size £500k

No maximum loan size

England & Wales only

Residential schemes only. A small element of commercial can be considered in a mixed-use scheme.

Naturally the applicant/ Developer needs to be sufficiently experienced.