Unlike most high street banks, our aim is to give quick decisions regarding funding and we will also look at projects that may not secure bank funding as they are too small for the larger financial organisations to consider.
Unlike other lenders, we charge an exit fee based on the amount of the development loan, not on the value of the completed development. This will save you thousands of pounds in fees.
Yes, you may pay off your Development loan at any time, or you can reduce the outstanding balance by making contributions towards the capital during the loan term.
Although our solicitors will take care of our legalities and loan documentation, we ask borrowers to seek solicitors’ independent legal advice prior to completion.