Homeowners, Land Owners and Property Developers use property development finance to fund a variety of building projects, conversion projects, or renovations of their homes or property. A legal charge against the project secures the financing.
In general, the lender would like to know the ‘Gross Development Value’, also known as GDV and highlights the value of the finished project. Usually the funds released are released in stages as the project moves forward.
Almost all types of property developments can be funded with finance including
- New build of residential projects
- Commercial projects
- Mixed used
- Industrial parks
- Care homes
- Care villages
- Holiday homes
- City properties
- London properties
It also includes all types of;
Gross development value is used to determine the amount of financing. What really matters is the value of the site after a renovation or building project has been completed.
This type of financing is often chosen by real estate developers and property owners so that they can cover the costs of their projects.
Are you looking for reliable funding and support for your refurbishment or build project? We are experts in property lending. From enquiry to completion, we’re here to help. If you are interested in contacting us in regards to our financial packages, you can call us on 020 8175 6977 or email us firstname.lastname@example.org or use the contact page for more details.
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We Help Property Owners By;
Solving Financial Difficulties
Resolving Legal Issues
Maximising Value Via Property Development
MORTGAGE ARREARS: If you have an urgent financial situation which may lead to the sale or repossession of your property, we will work with you to solve or contain the problem, as this buys you time to consider your options. Our primary goal is to keep you and your family at home. READ MORE.
MAXIMISE YOUR PROPERTY VALUE: If you have a property which is in need of renovation or you want to develop your land or property to maximise profit for sale or refinance, we can help. We have a number of packages available to property owners who would like assistance in obtaining planning permission and/or developing their property. READ MORE.
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Expired Bridging Loan; If your bridging loan term is about to end or it has already expired, we work on your behalf to liaise with receivers, trustees or administrators to agree terms to prevent a forced sale of your property at auction or via estate agents.