Regentsmead Lending criteria 2010 - Download now »

  • Security
  • » All loans are secured by way of a first charge over the subject site/property which will need to be Freehold or long leasehold.
  • » We can provide development financing for partnerships or any other UK registered legal entity. When we are lending to limited companies we will require the Dirctors to guarantee the facility.
  • Nature of Loans
  • » Residential development loans - up to 100% of costs of work available.
  • » Residential refurbishments.
  • » Residential conversions.
  • » Mixed residential/commercial schemes.
  • » Residential bridging.
  •  Loans in England & Wales
  • » The dark area of the map indicates the approximate areas where loans are available.
  • Interest rates/fees
  • » Interest rates fixed for the duration of the loan, to be agreed according to the development.
  • » Commitment fees: From 1% - No fees payable if an offer is not issued.
  • » Redemption fees to be agreed individually on each facility.
  • Amount of costs funded
  • » New build schemes - We can usually lend 100% of the construction costs and the percentage we lend towards a purchase is agreed individually on each facility. We will lend up to 50% of the GDV (gross development value).
  • » Refurbishments / conversions - We can usually lend 100% of the construction costs and the percentage we lend towards a purchase is agreed individually on each facility. We will lend up to 50% of the GDV (gross development value).
  • » Bridging - we will usually fund 50% of the value.
  • Loan Period
  • » Facilities are set up for between 6-12 months and are renewable.
  • Loan Size
  • » Minimum facility - £100,000.
  • » Maximium facility - £1,000,000 (larger facilities can be considered on an individual basis).

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