INTERMEDIARY ONLY

Development

Reliable loans for a range of heavy refurbishment and development projects.

Development
Calculator
  • Finance range
    £1-5 million
  • Interest rates from
    7.98%
  • Max LTGDV
    65%
  • Terms length
    1-24 months

Overview

Quickly match the needs of your customers

Highlights

Our Development loans are fast and flexible, with competitive rates to suit most clients.

Loans from £1,000,000 to £5,000,000

1 to 24 months term

2% arrangement fee

£1,000,000 maximum single unit GDV

£1,200 maximum per sqft GDV

70% (including interest) maximum LTV (land)

90% maximum LTC

Pricing options

Annual interest rate:

7.98%

Max loan size:

£5,000,000

Max loan to GDV*:

65%

Exit fee:

2%

*Including interest

Lending criteria
Required for Development finance:
  • doneExperience working on similar projects
  • done1st charge security
  • doneFreehold, or leasehold with more than 60 years remaining
  • doneBased on works completed with monitoring surveyor sign off
  • doneA realistic and demonstrable exit strategy
  • doneProperties in England, Scotland, or Wales

LendInvest fees
We take our legal and valuation requirements very seriously. Our loan evaluation process is designed to make this as efficient and reliable as possible.
Independent security valuation
We will carry out an independent valuation of the borrower’s security in order to confirm how much we can lend against the property.
Legal conveyance
We will instruct our solicitors to work on your client’s mortgage. Fees are typically charged directly to the borrower by the solicitor.

How to contact us

By phone, email or arrange a meeting
How to get in touch

Call us on 020 3846 6886 or email us at [email protected].

Arrange a meeting with one of our field-based team  between 9am - 5.30pm, Monday to Friday.

Resources
Download guides and reference documents
Why us?
We’re making the process of accessing finance simpler
Swift and simple
Swift and simple
We look to lend quickly and efficiently. We don't do maybes. When we say yes, we mean yes.
Inhouse experts
Inhouse experts
Our BDMs work with our case managers and underwriters to get back to you with a decision.
Smart online tools
Smart online tools
Explore deal options with our calculators, get an instant quote, and track your case progress.
Your Development loan is a phone call away.
Contact us for a free, no-commitment quote to find out how much you could borrow.
Contact us
Looking for something a little different?
We can support you with a complete range of products from development through to sale.
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