This type of loan is best for project refurbishment financing. However, if your project is more than average, development finance might be a better choice.
Nearly all new buildings require development finance loans. Developers can use development exit finance to save money once the project is complete.
Expert support and advice from the moment you contact us. Our goal is to reduce the time between your application and approval by carefully evaluating your circumstances in relation to our lender panel and current loan criteria. Funds may be available as soon as two weeks have passed since the valuation.
To find the right funding product for your property development financing, it is crucial that you identify the type project the developer is planning.
Refurbishment loans can be used to bridge finance for property renovations. It can be used to make various improvements such as a new roof, general structural modifications, construction of an extension, refurbishment, or decoration.
When you use property development finance to help fund a project, there are obvious benefits. Even if the cash is already in your hands, it's worth considering the benefits of a mortgage for at least a portion of the project.
Investors and developers might want to buy property that is still in development, but they are not able to obtain funding from their bank. A bridging loans are a good alternative.
