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.
Description | Details |
| 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. |
| Reverting Rate | NA |
| Expiry | NA |
| Security Charge | First charge basis |
| Maximum LTV | 100% |
| Minimum GDV | £1,500,000 |
| Maximum GDV | £10,000,000 |
| 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 |
| Product Reference | DF50144 |
Available on-line at www.btl-direct.com