UK Property Development Finance

At Sterling Capital Reserve, we regularly arrange development finance for clients looking to develop property.

Housing Property Development Property Developement Industrial Property Development Property development Plans


This can be for:

Property developers, Private Builders or Self build projects. Our panel of lenders have excellent reputations for their expertise, speed, flexibility and reliability. In most cases a higher level of loan to value can be obtained from such specialist lenders than can be obtained from traditional high street banks.

Finance is available for:

  • Commercial Development (Pre let or pre sold)
  • Residential development (New build, conversions, extentions)
  • Property Trading (Acquisition, refurb and onward sale)
  • Planning Gain Finance
  • Investment Portfolios

Development Finance Criteria:

  • Loan Size £100,000 - £5 million
  • Term Up to 24 months
  • LTV 60% of Land/ Site valuation
  • 100% of build costs
  • Valuation Lender’s surveyor / valuer will monitor costs, timetable and cashflow.
  • Stage payments are usually released on monthly certification.
  • Sites to have planning in place before drawdown
  • As a guide, projects should show a minimum of 25% profit on cost.

 

© 2012 : Sterling Capital Reserve Ltd

Sterling Capital Reserve Ltd
Sterling House, 10 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham NG12 4DG
Tel: 0115 984 9800 Fax: 0115 921 5550

Growth Investment NACFB

ANY PROPERTY USED AS SECURITY, INCLUDING YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
EARLY REPAYMENT CHARGES APPLY. A BROKER FEE MAY APPLY.

Web Design Nottingham by Whatever Enterprises