Development Finance

Development finance is available for both residential and commercial developments. Funding can be arranged from a small refurbishment project to large sites with a number of units.

Funding levels are typically up to 65% of purchase price and 65% of build costs. Albeit higher levels can be arranged if good levels of profitability are within the project. In these circumstances funding of up to 75% of purchase and 100% of development costs may be available.

Funding is generally on an interest only basis, with interest either covered monthly or rolled up on to the loan. Funds are drawn down in stages as the development progresses.

Funding can also be arranged to assist with purchases in development gain situations.

Not all forms of mortgage are regulated by the Financial Services Authority.

B&P Finance Consultants Ltd - "Business Moneyfacts Commercial Mortgage Broker of the Year"  Winners 2011 & 2009 & Highly Commended 2010.