INTERMEDIARY ONLY
Development
Reliable loans for a range of heavy refurbishment and development projects.
Development
- Finance range£1-5 million
- Interest rates from7.98%
- Max LTGDV65%
- Terms length1-24 months
Overview
Quickly match the needs of your customersPricing 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 meetingHow 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
We look to lend quickly and efficiently. We don't do maybes. When we say yes, we mean yes.
Inhouse experts
Our BDMs work with our case managers and underwriters to get back to you with a decision.
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 usLooking for something a little different?
We can support you with a complete range of products from development through to sale.
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