Experienced Developers 100% Funding for Residential Housing Projects
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DF50144 JV Development funding
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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.
|Profit Share||50/50 on 100% JV Financed Build and Material Costs|
|Rate Description||100% LTV up front funding of site acquisition and 100% funded material cost.|
|Security Charge||First charge basis|
|Maximum Project Term||24 months|
|Experience Level||Developer to have Completed Similar Projects Historically|
|Accepted Property Types||Residential 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 Type||Private investment consortium|
|Adverse Credit History||Some adverse considered|