Inexperienced Developers

Our Aim

inexperienced-developers product-information

Having originated in 1934, our expertise on property developments and providing funds for new development projects is second to none.

As a principal lender of development finance our aim is to not only to develop long term relationships with already established property developers but to also introduce inexperienced developers into the property development market.

With this aim we are delighted to introduce a turnkey solution for inexperienced developers with all the headaches of a development project taken care of. The development finance product involves the inexperienced party being teamed up with a construction firm with a developer agreement in place.

Decisions for new development finance enquiries are provided immediately and funds can be available in days. All our funds are on deposit so we do not have to wait for outside investor or shareholder approval before confirming we can fund a project.

We are always available to talk through a new loan proposition and offer advice on new build, conversion or refurbishment projects.

Call us now on 020 8952 1414

Product Information

inexperienced-developers product-information

We are delighted to introduce our new product for inexperienced developers. The development finance product involves the inexperienced party being teamed up with a construction firm with a developer agreement in place. This way we will now be able to fund many schemes that otherwise would not have met our criteria.To gain further information on the products we have available with you, simply ring a member of our expert team.

inexperienced-developers product-information

Information you need

  • Purchase price
  • Build costs
  • GDV (End value of the project)
  • Facility required
  • Details of previous experience
  • Location of project and type of development
Call Back Request >
inexperienced-developers product-information

Decision process and timescale

  • Decisions are made on the phone within minutes of receiving details
  • Immediately on receipt of an application form an Offer can be produced and the borrower invited into our offices to meet the team
  • Funds can be available within 5 working days of an offer being signed
Book Appointment >
inexperienced-developers product-information

Lending Criteria

  • Loans from £150,000 to £2m (slightly larger facilities can be considered)
  • 50% GDV
  • 100% build costs and contribution towards purchase price
  • Experienced builders & developers
  • Primarily residential schemes
  • Will also fund non-experienced developers in joint venture schemes
Brochure >
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This information will not be passed on to other companies and is only used for the purpose detailed on this form.