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Property Development Loans and mortgages can be complicated or it can be made easy. The commercial mortgage brokers we introduce will look for the most competitive and flexible commercial mortgage rates in the UK. They 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. developments, etc.
Property Development Loans and 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 + 1.5% to 2.5%
Property Development Loans
Lenders are available that 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
All types of businesses from sub prime to blue chip investments are dealt with efficiently. There are specialist advisers who understand the dynamics of the diverse commercial and residential property sectors, from small house renovations to tens of million of pounds retail developments.
Property Development Loans Specialists
Their loans experience, expertise and skills base means that they are acutely aware of what is achievable and due to the bespoke nature of development finance, this knowledge is undoubtedly their key strength. As a leading independent specialist in this highly complex loans sector, you can rest assured that you will have access to the best lenders, most innovative loans products, the most flexible and competitive mortgage rates.
They can arrange property refurbishment schemes, which allow you to borrow loans up to 75% of the purchase price of a property. Once refurbished, the property can then be re-valued and remortgaged based on the enhanced value. This can be up to 85% loan to value. This allows you to recoup any outlay while retaining the property as a long-term investment vehicle.
If you would like to discuss any particular loans in general terms, phone 01254 248156. Alternatively click PROPERTY DEVELOPMENT LOANS to place your enquiry.
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