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Bedfordshire Development Finance
Location - Bedfordshire
Value - £940,000
Loan Type - Development Finance

We refinanced an expired loan secured against a development site and provided 100% of the construction cost of the development. Additional security was taken in lieu of equity investment so that maximum gearing could be achieved.

The developer, an experienced contractor, is constructing an executive home using a timber frame system. To meet the requirements of the timber frame supplier, we funded the frame in advance of it being supplied and fitted while also meeting the construction cost of the access road and foundations.

We are financing the project through to completion when it will be sold and our loan repaid.

Commercial
Property Loans
Finance for the property industry and business community
Residential
Property Loans
Short-term loans for homeowners and residential investors
Development
Finance
Individually structured development finance for residential and commercial projects
Alternative
Overdraft
The ALTERNATIVE Overdraft provides a flexible loan facility which can be drawn upon whenever required.
Alternative
Term Loan
Individually underwritten loans by people for people, not tick boxes and algorithms.