Development Finance
- Property development finance from £50,000 up to £20m.
- Rates from 4.0% per year.
- Terms up to 36 months.
- Up to 70% GDV.
What type of property development finance are available?
- Senior debt – typically funding up to 65% GDV, or, 80% of costs.
- Stretched senior debt – potentially funding up to 85% GDV and 100% of costs.
- Commercial development finance.
- Mezzanine finance.
- Land purchase finance.
- Heavy and light refurbishment finance.
- Structured property finance.
- Development exit finance.
Development Finance Application Click Here
What are the criteria to get a development finance loan?
For property development finance lenders it is key that the site is profitable, the build cost and timelines are realistic and that the exit strategy is substantiated.
For experienced developers, previous track record of similar developments will support an application.
For borrowers new to developing, lenders will likely look at the team supporting you in your development, so having contracts in place with proven contractors will help support your application.
Contact details.
The Horizon Group
Mailing Address:
Horizon Group
61 Bridge Street
Kington
HR5 3DJ
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