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Development Funding

This is the general term for all financing used to help fund a new development, whether residential or commercial It covers all types of mortgages and bridging loans.

The finance is usually for around 60% to 70% of the developmentā€™s current market price, not the value when any work on it is completed. It is usually funded via tranche drawdowns, which means you can draw funds out of your mortgage to pay for work.

It can be used for office refurbishments, converting residential space into commercial property, or to help fund a planning application on a piece of land or property. It can cover everything from a single unit project to larger multi-unit schemes.

Development finance is often used for Build-to-Let projects. It is also useful to cover sales period funding, providing a business income during the time between completing the development, and letting it out or selling it.

Commercial Finance for Business

Business Purchase

Refinance

Business Expansion

Cash Flow Finance

Invoice Discounting

Leasing

Commercial Mortgage

Semi Commercial

Portfolio Letting

Development Funding

Auction Purchase

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Mortgages - Buy to Lets - Second Charge loans - Development & Bridging - Commercial Loans

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