Development Finance
Have you been let down by your bank after they told you they would support your development project but now tell you they are not doing any Development projects at present. You are not alone.
We can arrange a residential development loan which is principally designed to finance house building transactions. This can finance sites with detailed planning consent in place where the lender can obtain a first charge on the development.
The lender will also consider commercial deals with an element of forward sale.
The lender doesn't operate on a fixed % of land and development costs but they do want to see the borrower committing their own cash or assets to the deal.
They visit every property they finance and meet every borrower personally.
This product can finance:
- Residential Housing Developments
- Mixed Residential and Commercial deals
- Commercial deals with pre-sales
- VAT on purchases, pending it's reclaim
If you would like to discuss your situation with us, please either contact us using the various methods noted in contact or e-mail us on write-to-us with your enquiry.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Strategic Innovative Finance Ltd is authorised and regulated by the Financial Conduct Authority. Our FCA number is 302990. Our permitted business includes advising on and arranging mortgages and non-investment insurance contracts. You can check this on the FCA's Register by visiting the FCA's website: www.fsa.gov.uk/register/ or by contacting the FCA on 0845 606 1234.