Development and heavier refurbishments/ conversions

For ground up construction projects spanning from single house builds to multi-unit schemes and larger refurbishments/conversions where the build facility is greater than the purchase loan. We have the expertise to make it work and we will be there to support the borrower throughout the build. Appetite is up to 80% LTC and 70% LTGDV.
Min property value £500,000
Min loan size
£250,000
Max loan size
£3m+
Rate
From 12% p.a.
Term
Up to 36 months
Arrangement fee
From 2%
Early repayment charge
None
Exit fee
From 1%
Max LTV
75%
Max day 1 LTV
50%
Max LTGDV
70%

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