Senior Development Loan
Purchase Costs
(up to)
(up to)
1
%
Development Costs
(up to)
(up to)
1
%
max Loan
£
1
m
max LTGDV
1
%
month Term
1-
2
from Rate
(per month)
(per month)
0.
0
%
Senior Development Loan
We provide Senior Development Loans for up to 18 months on almost any residential project with development costs under £1.5m. As we lend on small- to medium-sized projects, we’re still able to complete in market-beating times where required.
SIMPLE
Apply for a loan in a matter of minutes
FLEXIBLE
We’ll work with you to provide the loan you need
FAST
Receive funding from within two weeks if required
Case Study
One such Senior Development Loan was against a block of new-build apartments in Poole. The development proposal changed during the loan, and our flexibility enabled us to meet the borrower’s changing needs during the term.