Development Loans

  • Non-regulated development funding available throughout England and Wales.
  • All business sectors considered.
  • Funding can be provided to individuals, partnerships and limited companies.
  • Interest can be rolled up subject to the maximum LTV exposure limit.
  • Terms from 6* to 24 months.
  • Rates from 0.65% per month* over the Bank of England Base Rate.
  • Exit fee 1% of the peak debt drawn throughout the term of the loan.
  • Loan size from £250,000 to £10 million.
  • Up to 70% Loan To Gross Development Value (subject to underwriting)
  • Up to 80% Loan To Costs.
  • Transactions that fall outside our guidelines may be considered on a discretionary basis.
  • Security – first legal charge over preferred security and personal guarantee. 
  • *  Minimum 6-month interest term.
  • *  The monthly equivalent of the annual Bank of England Base rate will be charged in addition to the quoted margin.
  • *  Rates can vary subject to full credit underwriting and are case specific.
HS Credit: Development Loans