Let us help fund your UK property projects
Are you involved in the building industry, or make a living from Property Development and Refurbishment? Funds are available for profitable projects which fit this criteria. Property Development Funding and Refurbishment loans are provided from £50K upwards.
A brief synopsis of current key underwriting criteria:
- All residential Property Types supported – Houses,Terrace, Mews, Flats
- Applications supported by solid evidence of demand within the local area
- If properties are to be retained on completion, a long term re-finance option can be provided
- Mixed use and Commercial Schemes can be supported, subject to a demonstrable demand on completion
- Developments should demonstrate sufficient margin to absorb any possible future reduction in the anticipated Gross Developed Value (GDV) of the project.
- The borrower or proposed main contractor should have a good CV and be able to demonstrate experience in the sector.
- Under normal circumstances we provide loans equivalent to 70% of the estimated GDV of the project. However, for experienced developers, and if additional security is made available.
- We can often provide funding up to 100% of all site purchase, development and finance costs. We can also introduce Mezzanine Loans secured on a 2nd charge to provide any additional ‘top up’ funding.
At LINK Capital UK, we strive to provide you with the best rates and terms possible across the entire UK Market. Having access to over 265 UK lenders, we can truly provide you with a competitive rate. Feel free to read through the testimonials below of some of our satisfied customers whom recently secured property development funding with us.