Development Finance Sanctioned - 9 resi units GDV £4.5m
• March 30, 2022
New Deal Sanctioned - Property Development Finance
Loan - 80% Loan to cost
Rate - 6% pa
Fees - 1% in / 1% out
Term - 24 months
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DEVELOPMENT FINANCE
Bridging Finance Completion
Commercial premises purchase - OWNER OCCUPIED
Deal Update:
Residential bridging finance approved for part finished development
£12m Credit backed Bridging Loan
Bridging Deals agreed
Recent Commercial & Semi Commercial Investment deals agreed
The UK Government backed RLS Loan scheme has been extended to continue to support businesses through the economic recovery. Cash Flow & Growth Loans for UK Ltd Companies Turnover for 2019 >£100k Minimum trading period 2 years Must show profitability/affordability Loan Term up to 6 years No obligation/ No upfront fee to receive a quote Loans up to £250k will not require a Personal Guarantee 12 months Interest only available from some lenders
