Freephone 0800 410 1214
A Property Development Loan or mortgage can be complicated or it can be made easy. As commercial mortgage brokers we look for the most competitive and flexible commercial mortgage rates in the UK. We are experts at arranging development finance for all types of property in numerous industries:
Residential, Retail, Industrial and warehousing, Professional practices, Offices, Leisure, Nursing and care homes, Educational establishments, Agricultural, Semi commercial properties, Remortgaging and equity release, SIPP and SASS based investments. We have advisers who understand the needs of the diverse commercial and residential property sectors, from small house renovations to tens of million of pounds retail developments.
Property development finance can be arranged for property developers, private builders or self build projects. In most cases a higher level of loan to value can be obtained from specialist lenders than can be obtained from traditional high street banks.
Finance can be arranged for any type of property development and these range from:
* Commercial Development (Pre let or pre sold)
* Residential development (New build, conversions, extentions)
* Property Trading (Acquisition, refurb and onward sale)
* Planning Gain Finance
* Investment Portfolios
Property Development finance rates differ dependent on the applicant’s experience, the industry sector and the nature of the proposal but a good benchmark to consider would be Bank Base Rate + 1% to 2.5%.
Property Development - Our lenders will consider investment property proposals where there is an opportunity to add value above and beyond the initial purchase price by a combination of one or more of the following:
* Intensive management - improving the rental income stream by letting voids, reconfiguring accommodation and letting, progressing rent reviews, renegotiating leases, etc.
* By procurement of an alternative planning permission, effectively utilising the running rental stream to buy time/service interest whilst the planning process is followed.
* By breaking up the constituent parts of the investment into elements to be traded and retained.
Enquiries - If you would like to speak to a commercial mortgage advisor, phone us on 01254 248156, our lines are open 9am - 7pm Monday to Thursday and 9am - 5pm Friday - If you would like to place your commercial mortgage enquiry PROPERTY DEVELOPMENT LOANS
As national UK mortgage brokers we can help with enquiries from England, Scotland, Wales and Northern Ireland. We advise on commercial mortgages, including buy to let and other products and services that may not be regulated and because they are outside The Financial Services and Markets Act 2000, there may be no compensation scheme for such products and services.
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