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Experienced Developers 100% Funding for Residential Housing Projects

Projects with Gross Development Value of £1.5m to £10m. England and Wales, 2-24 Month Terms

For experienced builders and developers wanting a joint venture funding package this 100% JV provides the funding for 2 to 24 month term developments.

Loans available for projects with GDV of £1.5m to £10m for development of mid ranged housing.

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Description

Details

Profit Share50/50 on 100% JV Financed Build and Material Costs
Rate Description100% LTV up front funding of site acquisition and 100% funded material cost.
Reverting RateNA
ExpiryNA
Security ChargeFirst charge basis
Maximum LTV100%
Minimum GDV£1,500,000
Maximum GDV£10,000,000
Maximum Project Term24 months
Experience LevelDeveloper to have Completed Similar Projects Historically
Accepted Property TypesResidential Houses and Flats in England and Wales.
Property Types cont.Individual GDV not exceeding £750k in South East. Everywhere else max individual GDV is capped at £450k per unit.
Funding TypePrivate investment consortium
Adverse Credit HistorySome adverse considered
Product ReferenceDF50144
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DF50144 JV Development funding

For more details about this product or to check if this will be suitable for you, call us on 0117 2232 050