Joint Venture
100% development finance is offered through a hybrid debt and equity package, covering the costs of both the site purchase and the construction.
We provide access to funding for experienced property developers for all types of residential property within the mainland UK.
Careful consideration is given to those opportunities that may have been overlooked through lack of funding. We can provide the capital and other support that developers need, enabling them to scale up and achieve their objectives.
Key Features
An method of developing property without using your own capital.
Questions We Get Asked
Please get in touch with your advisor if you have any more queries.
Contact usHow much can I borrow?
The maximum amount that can be borrowed through this facility is £10,000,000.
What are the costs?
A 50/50 joint venture profit share is applied upon completion, and interest on capital drawn is charged at a monthly rate of 1%.
Do I have to service the interest?
Interest is rolled and paid at the end of the term.
Do I need a valuation?
No, the valuation is undertaken by the joint venture partners by their in-house valuation department.
Do I have to guarantee the loan?
No, there is no personal guarantee required. The lender secures the loan by taking ownership of the asset and the developer enters into a management and build agreement.
What type of housing is considered?
Only mid-market residential housing on the UK mainland is considered.
Does the development need planning permission?
Only developments with full or detailed planning permission are considered.