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Development

and Refurbishment Loans

 

If you are involved in the Building industry or make a living from Property Development and Refurbishment then the good news is that funds are readily available for all Residential & Commercial profitable projects which fit criteria. 

Here are some highlights of what is on offer:

Advances from £25,000 to £100 million

Previous credit problems considered

Excellent rates and flexible terms

Great deals where land is already owned

Residential property development loans

Commercial property development loans

Conversion of commercial property into flats

Restoration and renovation projects

Mezzanine finance available

A brief synopsis of current key underwriting criteria:

Applications should be supported by good evidence of demand in the local area

If properties are to be retained on completion then a long term re-finance exit plan must be provided

Developments should demonstrate sufficient margin to absorb any possible future reduction in the anticipated Gross Developed Value (GDV) of the project.

Experienced developers and builders are preferred by most lenders, although some lenders will now consider good quality applications from first time developers.
 

For experienced developers and if additional security is made available funding can be provided up to 100% of all site purchase, development and finance costs.

Business Meeting
Our team of development specialists will find the very best deals available and work with you  through the development phase to ensure everything runs smoothly. 

To help secure funding for your development project or any funding requirements please contact our team TODAY!

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Harco Assets Group t/a Harco Finance & Harco Home Loans (FRN: 937052) are Introducer Appointed Representatives of Specialist Financial Services Ltd, which is authorised and regulated by the Financial Conduct Authority under the firm reference number 676853.

 

PLEASE MAKE BORROWING DECISIONS CAREFULLY, PROPERTY OR OTHER ASSETS OFFERED AS SECURITY MAY BE AT RISK IF YOU CANNOT KEEP UP WITH REPAYMENTS.

Harco Assets Group - Moor Chambers - Front Street - Framwellgate Moor - Durham - DH1 5EJ

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