Details.
Development finance is available for conversions, new builds and full refurbishments, for experienced and first-time developers. Finance of £150,000 to £10 million may be available, with up to 100% loan-to-value possible where suitable additional security is provided. Terms vary from 6 to 18 months. Interest rates can start from 4% per annum, with arrangement fees of 1% to 2% of the loan amount. Finance is available for commercial and residential developments, projects at varying stages of completion and land without planning permission where a project plan has been laid out. Full planning permission is required for new-build projects on land.