High loan to value finance for first time developers

CONTACT CALLUM

THE SCENARIO

OUR SOLUTION Fortunately, I have worked on many cases such as this and felt confident I could arrange this for my clients. I was able to negotiate a high LTV with a bespoke lender who offered 95% LTV on their existing residential property. As arranging development finance is a specialism of mine, I knew which lenders which be open to working with inexperienced developers and approached them accordingly. I was therefore able to arrange development finance for my clients at 0.75% per month, whilst also arranging a second charge over their primary residence at 0.99% per month. This enabled my clients to proceed with their development plans and take the first exciting step into the property development world.]]>