If your client is looking for support as they approach the end of their project, we may be able to help.
Help your clients bridge the gap with our finance products
We have been working with developers for many years and have considerable experience in helping them with their finances.
As you get to the end of a project the last thing you need is delay. We know how difficult it is for developers who have empty properties for sale and money tied up in a site. You’re almost there, but you can’t yet realise the profit from all your hard work. This could be holding your client back from investing in a new development, or hindering their personal plans.
We can lend from £150,000 to £3 million depending on their circumstances.
Our Bridge Product
We have a maximum term of 12 months on all applications. The table below illustrates our fees:
|LTV band||Monthly rate||Fee||Min loan||Max loan|
|Up to 50%||0.6 % per month||2% of the loan amount||£150k||£3m|
|Up to 60%||0.65 % per month||2% of the loan amount||£150k||£3m|
|Up to 70%||0.75 % per month||2% of the loan amount||£150k||£3m|
- Unregulated lending only – but available to personal or corporate borrowers
- Properties must be complete, fully warranted, on the market and unoccupied
- No ERCs
- Minimum term 3 months
- Rolled up interest