Do You Need Property Development Finance?
What is Property Development Finance?
Development Finance is a loan secured against land or property for the purpose of building or developing a site or property.
If you already own the land it might be possible to finance 100% of the build cost (drawn in stages) thereby limiting the contribution to be made.
As a guide or an example funding of up to 60% could be advanced on Day One against the existing land value which will allow the first phase of the development to start without using your own funds.
Most High Street banks do not like to offer Development Loans. The risk behind uncompleted works or projects running over cost are too high.
Due to the above issues a much better option is to fund the project via a specialist development finance expert.
At BGSE we can help. We have a hand picked panel of dynamic and expert lenders. We provide niche and specialist solutions. We have white label agreements and this means you have access to exclusive rates and products.
Contact us to find out how we can help you with your next project.BGSE@mail.co.uk#propertyinvestments #developmentfunding #developer #constructionloan #contruction #housebuilding #fundingopportunity