Development Finance
Spread your capital further
Spread your capital further
Both against the gross development value and the total project costs; which allows our borrowers to spread their capital further and maximise their return on equity too. Leverage is available up to 75% LTGDV and we fund up to 90% LTC.
Our development finance loans are available nationally and for a multitude of purposes, including: small to medium size house building, permitted development schemes, non owner-occupied refurbishments, mixed use developments and student accommodation.
Spread your capital further
LTGDV
Up to 75%
LTC
Up to 90%
Bank
VS
Zorin
VS
The following information is intended as a guideline only (regions may vary)
Maximum LTV (1)
75%
Interest Rate Per Annum (2)
from 5.50% plus BOE
Maximum Loan Size
£150,000,000+
Minimum Loan Size
£5,000,000
Maximum LTP
80%
Maximum LTC
90%
Arrangement fee (3)
1%
Exit Fee
From 1%
Maximum Term
36 months
Interest Payable on Exit
yes
Interest Compounded
quarterly
Minimum Interest Payable (4)
case-by-case
(1) Including interest and fees | (2) Interest charged on drawn funds only | (3) Rolled into loan | (4) On total loan amount
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