Property Development Finance in Scotland.

 

Property development loans are designed to help with the purchase and build costs associated with a development project.


Get in touch and learn how we work with our clients to achieve the best possible funding solution.

 

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FAQ: PROPERTY DEVELOPMENT FINANCE FREQUENTLY ASKED QUESTIONS

 

How are Property Development Loans in Scotland Structured?

 

When it comes to development loans, lending will be secured against property or land, lenders will advance a percentage of the purchase price or the value (if a planning gain has increased the value). Then, based on a Quantity Surveyor's report, the lender will fund the construction costs or refurbishment costs in arrears.

 

What is the Minimum Loan for a Property Development Loan in Scotland?

 

There is a minimum loan amount of £750,000 to a maximum of around £50 million for development loans, however bridging loans fill the development finance gap for smaller development projects from £50,000 to around £2 million.

 

How are Property Developments Financed?

 

Development finance is designed to help with the purchase and build costs associated with a residential or commercial development project. Property development loans are usually for a period between 6 and 30 months with the capital loan and interest repayment coming from the sale proceeds or from re-financing the development loan upon completion to a longer term commercial loan.

 

Are 100% Property Development Loans in Scotland Possible?

 

It's certainly not easy, however In certain circumstances it is possible.

 

Some of the main circumstances could be;

 

1. When the property or land you are buying has increased in value due to planning permission being granted resulting in your purchase price being below market value.

 

2. When you have negotiated a below market value purchase price.

 

3. When you joint venture with a property or landowner, the unencumbered property or land can be used to secure the borrowing.

 

4. When you offer an additional property as security in order to borrow up to 100% of the purchase price.

 

How do I Apply for a Property Development Loan?

 

Most Development Finance and Bridging Finance lenders generally require applicants to submit their applications through an experienced broker who can help guide them through the process.

 

Get in touch with us for a no obligation discussion and learn how we work hand in hand with our clients to ensure a successful application, with over 30 years experience and having a complete understanding of property development finance in Scotland we are ideally positioned to guide you through the application process.

WE SPECIALISE IN

Property Development Finance in Scotland

Market leading property development loans in Scotland for Refurbishment and New Build development projects from a single unit project to multi unit projects and commercial to residential conversions.

From £750,000 to £50M for Refurbishment and New Build developments.

Decision in principal in 4 hours and Fast Completion.

Funding also available for projects under £750,000

Our Development Finance Experience.

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Development Exit Finance becomes relevant when your property development project is approaching completion or has already concluded, but you’re awaiting final sales.

It is suitable for one property, small developments and is commonly used for multi-unit projects.

This financial solution offers developers the essential flexibility to raise capital and seamlessly transition from one project to the next.

Decision in principle in 4 hours and fast completion.

Our Development Exit Finance Experience.

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Build to Let Development Finance also known as Build to Rent Development Finance, is readily available for new build, refurbishment and commercial to residential conversions properties.

Build to Rent projects seamlessly convert to commercial term finance upon project completion.

Decision in principal in 4 hours and Fast Completion.

Funding also available for projects under £750,000

Our Build to Rent Finance Experience.

PROPERTY DEVELOPMENT FINANCE IN SCOTLAND

Residential Development
  • £750,000 to £50 Million.
  • LTGDV up to 70%.
  • Up to 100% of Build Costs.
  • Market leading fixed interest rates set on a deal by deal basis
  • Maximum Term up to 30 Months.
  • Indicative terms within 24 hours.
Semi-Commercial Development
  • £750,000 to £30 Million.
  • LTGDV up to 60%.
  • Up to 100% of Build Costs.
  • Market leading fixed interest rates set on a deal by deal basis
  • Maximum Term up to 30 Months.
  • Indicative terms within 24 hours.
Commercial Development
  • £750,000 to £25 Million.
  • LTGDV up to 55%.
  • Up to 100% of Build Costs.
  • Market leading fixed interest rates set on a deal by deal basis
  • Maximum Term up to 30 Months.
  • Indicative terms within 24 hours.

3 REASONS TO CHOOSE US AS YOUR SOURCE FOR PROPERTY FINANCE.

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Highly Experienced

We have over 30 years experience and can offer innovative financing methods for developers and investors.

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Services

We offer Bridging Finance, Refurb & New Build Development Finance and Buy to Let Mortgages.

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Quality Support

We'll keep you informed every step of the way and if required, continue to support even after completion.

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DOWNLOAD OUR FREE PROPERTY PROFIT CALCULATOR

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We built the Property Profit Calculator App as an aid for Property Developers & Investors

 

We wanted to build an app that had a real convenience and benefit to others in our property and finance world.

 

The App is Forever Free to use with or without a funding requirement.

 

Easily assess the viability of your property project within 60 seconds, then if required, book a time slot to discuss your project with a funding expert.

 

App Store

what our clients think about us - matters

Absolutely delighted with the service levels and attention to detail provided and was never left wondering what was happening with my residential development bridging application, I saved over £1000 in legal fees and it completed ahead of schedule. Happy Days.

Mr. C from Glasgow. Property Developer.

JUST SOME OF THE LENDERS WE WORK WITH


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Our Contact info.

7 Royal Crescent
Glasgow G3 7SL

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