Tel: 01759 458047
Regent House | 11 Regent Street | Pocklington | York | YO42 2QN
Development Finance for Residential Projects
£150,000 to £1,750,000. We will provide up to 65% of the land value and 100% OF THE DEVELOPMENT COSTS (INCLUDING FEES) and roll up the interest provided that the total Facility does not exceed 75% of the end value.
Higher L.T.V. if further security is available.
1.5% per month. Rolled up and added to the Facility.
3% of the Facility which is payable on acceptance of the offer.
Commission to the introducer
Usually none but in high L.T.V. cases negotiated direct with the client.
Minimum 3 months up to 3 years no early redemption charge after 3months.
Residential and commercial developments including speculative projects,
All legal, valuation and Q .S. fees payable by client on acceptance of offer.
First charge on property; debentures and personal guarantees in Company Facilities.
Yes with client on site