finance options

The funds are initially advanced as a short-term loan for land purchase, followed by a staged drawdown for building works. In calculating loans, factors such as project type, developer experience, construction costs, and equity are taken into account. The use of a strategic approach to development finance can benefit your project financially as well as help you understand how each choice of product will impact the outcome, as well as help define the structure of your case. 

Working with a broker who has extensive experience within the industry and has the connections and can considerably boost the chances of a successful application. We can assist you in identifying the best funding options from our well-researched lender panels while also acting as an intermediary to facilitate the flow of information. We understand each lender's criteria, how they function, and, most crucially, what works and what doesn't when presenting a case.

A Typical property development schemes include: 

• Single-unit residential

• Multiphase residential

• Commercial to residential 

• Multi-unit commercial 

• Houses of Multiple Occupancy (HMOs) 

• Residential/Commercial 

We understand that our brokerage solution is just as good as our meticulous client service! As a result, you can rest assured that when it comes to development financing, you'll have the support you need in every way. From transaction sourcing and structuring to ongoing application support and prompt capital release, we ensure a smooth service.

There are numerous applications for bridging loans. It's not a one-size-fits-all situation. When funds are needed urgently, it's more about giving a flexible answer! The bridging services we provide can be used in a variety of contexts, including:

Bridging is frequently employed when a property transaction must be completed within a short period of time. This includes auction purchases, where completion is often required in 28 days and a traditional mortgage would take too long. A bridging loan is the next fastest option unless you are a cash buyer.

When one property is being purchased while another is being sold, a bridging loan provides a short-term solution that allows you to complete the transaction.

Bridging loans allow you to purchase a property, renovate it, and then either re-mortgage or sell it once the work is over, depending on the extent of work required.

Mortgage lenders frequently label properties that require major renovations as "unmortgageable" until the necessary work is completed. While a traditional mortgage lender may not consider the property to be suitable security, a bridging loan will allow you to complete the acquisition and complete any necessary renovations to make it mortgageable.

This is popular strategy for Developers that are nearing the end of their existing development facility and may need a bridge to clear it, giving them additional time to market their developed properties without the pressure of the development funder.

Refurbishment loans give funding for aesthetic or substantial structural modifications to a building that is in need of modernization, reconfiguration, expansion, or conversion. Borrowers can benefit from a tenanted income or a higher property value as a consequence of completed works when using a Buy-To-Sell or Buy-To-Let option. Conversions can take many different forms:

• Commercial 

• Office to residential 

• Residential to HMO 

• House to flats 

A range of works can be supported by various loan alternatives, restrictions, and interest rates. As a result, making the right decision is crucial! We deal with a variety of lender panels throughout the market, so whether your plans call for mild refurbishment (interior decoration, kitchen or bathroom replacement), or more substantial structural work (extensions, demolition, or wall alterations), whatever it maybe we can help.

Of course, the primary purpose is to raise the value of the property. And the better the terms, the lower the danger is regarded. Few developers, investors, or landlords can afford to do so without a financial structure in place. Here are some helpful hints for planning

Medium- to long-term business loans can be a cost-effective option to borrow capital to help you grow your business while spreading the payments out over a period of time that works for your future growth. For example: 

•  You're starting a business and need financing that you can return in manageable monthly instalments. 

•  You want to grow your company and need a loan to fund longer-term objectives  

•  You want to buy new equipment but don't have the cash to do so.