Development Finance for £1,250,000 New Build House

The Requirement: We had been approached by an experienced developer to assist in the purchase of land with planning to develop a 2500 square foot house with a value of £1,250,000 on completion. The client wanted to 60% loan to gross development value. The Good Stuff: Margin 5.5%. 2% fee in 1% fee out. 60% … Continue reading Development Finance for £1,250,000 New Build House