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Property
development finance |
| We
can provide property development finance to
a number of sectors including house building,
commercial and industrial new-build, conversion,
major refurbishment and extensions etc.
100% property development
finance considered
Development funds release in arrears, against
certification.
Example of our property development
finance:-
A residential developer has the opportunity
to acquire a site with planning permisssion
for the development of four executive detached
houses:-
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|
Purchase
price |
£400,000 |
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|
Development
Costs/ Fees |
£500,000 |
| |
|
End
Sales |
£1.3
million |
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|
Projected
Profit |
£400,000 |
|
The
developer's bankers are only prepared to consider
70% of total project costs and are therefore requesting
a total contribution of £270,000.00. The developer
isn't able to meet the request as funds are tied-up
in other transactions.
Solution
- After necessary due diligence, We could step in
and arrange 100% of the purchase price and 100% of
development costs and fees.
We have produced in conjunction with Godbold a new website dedicated to property development finance, this new website offers a wide range of services along with online contact forms. For more information and to view the site click here.
Call us on 0845 130 0009
for more information or click onto 'Call me back'
above
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Great British Finance
Limited are authorised and regulated by the Financial
Services Authority (FSA). The FSA does not regulate
some forms of Mortgage, Inheritance Tax Planning,
Credit Cards, Personal
Loans, Deposit Accounts & Insurance. If
you are submitting an online request, we would
advise to read our KeyFacts statement, links are
at the top and bottom of this page. |
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