We specialise in providing finance for the acquisition and development of most Residential, Commercial and Industrial property projects in the UK . Under certain circumstances we can secure up to 100% of both the site purchase costs and the development funds required.
Call us to discuss your project plans on 0845 838 1954, submit an online application. or request a call back.
We provide Property Development Funding for both experienced Professional Developers and those undertaking their first project with the support of a recognised builder. It will be necessary for all applicants to complete the necessary personal and business profiles and give consent for a standard credit search to be completed. To discuss your requirements call today 0845 838 1954 submit an online application. or request a call back..
In general we can provide finance up to 75% of the site acquisition ( or current value if the site is already owned ) and up to 100% of the development costs which are drawn down at pre-agreed project stages. As a general principle, the level of funding available will increase the greater the profitability of the project. For profitable projects undertaken by experienced developers we can also arrange finance up to 100% of the entire project costs including site purchase, development, professional fees and rolled interest. Total funding including interest costs and allowable fees is generally limited to a maximum of 70% of the GDV of the project.
In all cases it is necessary for the Gross Developed Value (GDV) and all development and construction costs to be independently assessed prior to the loan facility being formally approved. An acceptable exit strategy such as sale or re-finance of the property will need to be demonstrated, a full mortgage service can also be provided to effect a re-finance if necessary.
This generally depends on the amount you wish to borrow, the loan amount to overall project value and the term of the loan. We offer the most competitive interest rates anywhere in the market and guarantee you the best deal possible for your development project.
Our advice is free, impartial and entirely without obligation so please let us know your requirements. If you would like to assess the best option for your Property Development project call today at local rate on 0845 838 1954, submit an online application. or request a call back.. We look forward to working with you to successfully complete your project.
Opportunities exist with White Rose Finance, for an informal discussion please call our MD Geoff Wilson today on 0845 838 1954 or submit an on-line enquiry
Telephone White Rose Finance on 0845 838 1954.