Property Development Finance
Sterling Capital Reserve Limited are property development finance experts. With access to a panel of over 80 lenders and years of experience in arranging development finance for businesses and individuals across the UK, we are perfectly equipped to assist our clients with transactions of all sizes. Our excellent track record and our experience gathered from a wide variety of deals from the every-day to the quite obscure, means that you can be sure that we can help.
Finance is available for:
- 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
Development Finance Criteria
- Loan Size £100,000 - £5 million
- Term Up to 24 months
- LTV 60% of Land/ Site valuation
- 100% of build costs
- Valuation Lender’s surveyor / valuer will monitor costs, timetable and cashflow.
- Stage payments are usually released on monthly certification.
- Site Sites to have planning in place before drawdown
- As a guide, projects should show a minimum of 25% profit on cost.
Some of our lenders will accept planning gain to be part of your contribution to the deal! call freephone: 0800 0735353 for more development finance information, or complete the form below.
So in summary...
If you are looking for Business Finance then either enquire online or call: 0800 0735353
