Residential Bridging & Development Finance
Our funding partner offers a broad product range with the flexibility to find that funding solution.
Planning Gain:
We can provide bridging finance to secure an existing property so planning permission can then be sought. Lending will be based on the current market value of the existing property. Once full planning permission is achieved, a development finance loan can see the project through to fruition.
Mezzanine Finance:
Our funding partners can offer mezzanine finance to top up senior debt in certain circumstances
Bridging:
From £100k to £5m
30 days to 12 month terms.
Up to 70% LTV
From 0.85% per month on a First charge
From 1.2% per month on a Second charge
No exit fees or redemption penalties.
Interest roll-up available
Development & Mezzanine:
Up to 65% of GDV
1% Arrangement Fee
1% Exit Fee
From 7.5% per annum for senior debt.
Mezzanine finance priced on a case by case basis.
For projects with a GDV ranging from £750k to £10m.
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