We have access to as number of financiers that can arrange finance for property development that generally operates as an interest-only, draw-down facility to finance development as required. Often the interest on a development loan is capitalised during the development period, with the entire loan inclusive of interest charged being repaid upon the sale of the development and or the refinance of any residual debt.
The borrowing capacity you can achieve for development finance will vary depending on the development lending criteria you are required to meet. This will vary from lender to lender and is also dependant on the proposal.
Please contact us to discuss your requirements.