Residential Development

Parameters

  • Loan Size£0.5 million up to £5 million
  • Loan TermUp to 3 years
  • Interest ratesStarting from 6% and payable only on drawn funds
  • Gearing85% of cost and 75% of GDV

Our team ethos centres around having the flexibility to consider a wide range of residential opportunities, but we do have a few key considerations for appraising new residential development projects:

  • Borrowing experience in the residential sector.
  • Credibility, experience, and professionalism of developers.
  • Location of assets.
  • Demand for residential properties in the local area.
  • Viability of exit plan.
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