Brooklands Commercial Finance provided a fast and effective solution to our development funding requirements. They sourced the most appropriate lender and then assisted us in adapting our proposal to the banks requirements.
Property Development Finance
Who?
Property development finance can be arranged for property developers, private builders and self build projects.
What?
Property development finance can be arranged for both residential and commercial property developments. Brooklands negotiates the best available deal with a full panel of property development lenders and other financial institutions.. These projects can range from tens of thousands of pounds for light refurbishments to multi million pound developments.
When?
In today’s property market speed is of the essence. New build opportunities, conversions and refurbishments need to be seized quickly. Because of Brooklands Commercial Finance’s relationship with the banks and specialist property lenders we are able to structure the deal quickly and efficiently. The last thing you need is a delay in arranging your property development finance and for that to hold up negotiations or the signing of the contract.
How Much?
We can arrange loan facilities from 70% to 100%. We can arrange a facility for you to borrow 100% of the purchase costs including stamp duty and 100% of the development costs including professional fees. Also we can arrange for the interest to be rolled up and for the lender to be repaid from the sale proceeds or the refinance of the completed units. This facility is ideal for those that have a great opportunity but do not have the deposit that the high street banks would require. It also allows developers to finance other sites prior to selling their existing developments.
Contact Brooklands Commercial finance to discuss your development finance requirements.
