If you are interested in property development, we can help you with development finance.
With years of experience behind us – and access to loans from a wide range of lenders – we understand what each lender’s requirements are when considering whether or not you qualify for development finance.
This enables us to steer you in the direction of a lender that’s most likely to be a good fit.
We can assist you in preparing your application to maximise the likelihood of being given the green light.
And while most lenders will be interested to see a previous track in property development, don’t be deterred if you are new to the game. Everyone has to start somewhere and we’ve helped plenty of other people embark on successful journey in property development.
Lenders will also consider other factors such as the amount of equity you can contribute, the calibre of your project team, the location and potential profitability of your venture, the capability of your building team and your ability to deal with cost over runs.
When calculating how much you need to borrow for your development, make sure you take into account costs associated with the property’s initial acquisition, stamp duty, legal fees, construction or refurbishment, professional services (such as architects, quantity surveyors, engineers, interior designers etc), marketing and sales – plus more than you think you will need for contingencies.
The rate and terms offered by your development finance will impact significantly on the success of your property development project.
We’re happy to help each step of the way to help you secure the right property finance for you. Talk to us today to learn more.