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We
can arrange Loans from £50,000
to £275,000
NEW BUILDS.
Finance is available for 70% of the Land cost and 100%of the
Build cost up to a maximum of 65% of the projected finished
value.
RENOVATIONS.
Finance is available for 70% of the purchase cost and 100%
of the Build Cost up to a maximum of 65% of the projected value.
The Stage Payments are paid in arrears.
The term is a minimum of 3 months and a maximum of 12 months.
Planning Permission must be in place. If the outline planning
term is imited to 6 months, a detailed Planning Application
must be submitted within 2 months of purchase, then term extended
to 12 months.
The idea of the loan is to fund the Development so that it
may be sold. If you let it out or it is for your own occupation and Remortgage onto
a mainstream Lender is required.
CLIENT STATUS:
Minimum age -18
years- no maximum age.
Existing commitments
not asked for.
All Credit histories
accepted. |
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| Please click on the link below and submit the short form to find out more. |
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