Development Loans

 

Development finance is perfect if you are an experienced property developer, looking to fund your next project.

 

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When is development finance a good fit?

 

Property development

If you are looking to develop or convert a large building or site into a number of residential units.

Ground up builds

If you are looking to develop a plot of land from the ground up.

  • Loans from £250k to £10 million
  • Terms up to 24 months
  • Loan to GDV up to 70%
  • No exit fees
  • Interest can be rolled up
  • Lending on securities in England, Scotland and Wales
  • Non-regulated loans
  • Loans from £250k to £10 million
  • Terms up to 24 months
  • Loan to GDV up to 65%
  • No exit fees
  • Interest can be rolled up
  • Lending on securities in England, Scotland and Wales
  • Non-regulated loans

 


Key features

 

graphic-landscape

Projects we lend for

  • Residential
  • Semi-commercial

FAQs

 

How long does a development loan take to complete?

Due to the variety of development projects it is not possible to give a useful prediction of completion times. However, as with all our products, we pride ourselves on our speed of turnaround in comparison to high street lenders. Our experienced team would be glad to provide more guidance, once we have an understanding of your project.

 

What are the payment options?

INTEREST ONLY: Make monthly interest only payments.

ROLLED UP FACILITY: To improve cash flow, interest can be rolled up and payed when the loan is redeemed.

What other costs are involved?

Legal and valuation fees are payable direct to carefully selected partners, prior to completion. The cost is variable, depending on the specific requirements of your case. If the loan to GDV is over 50%, a 2% exit fee applies. An arrangement fee of 2% is deductible from the total loan amount.

What are the risks involved?

As with any loan you risk incurring charges and losing your security if repayments are not made. The key to successful repayment of all our loans is a robust exit strategy. Ideally borrowers should have multiple exit strategies in place.

Looking for application forms or other documents? Looking for application forms or other documents?

Product Guide

 

Read our detailed guide to all LendInvest loans and lending criteria.

 

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Bridging Loans

 

Short term loans, with terms up to 12 months.

 

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