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Off plan purchase finance

Properties can be purchased at lower than the professional valuation price for a variety of reasons - a vendor requiring a quick sale, a long-standing option agreement at a set price or even an off-plan puchase at an advantageous price.

We will always recognise the potential for profit in this kind of situation and structure a facility to support the customer.

Up to 100% funding considered.

Example :- Off Plan Purchase

An investor has exchanged contracts on a residential apartment with a major national developer. The property is now nearing completion and has risen significantly in value since the exchange. The apartment has been secured for £100k and its value on the open market is now £150k.

A buy-to-let lender only wishes to provide a percentage of the purchase price, despite the difference with the valuation.

Solution - We arrange a short-term facility at 100% of the purchase price to allow the investor to complete the purchase. The facility is then refinanced with a buy-to-let lender against the professional valuation.

  Property development finance
  Residential bridging finance
  Commercial bridging finance
  Property conversion finance
  Land acquisition finance
  Residential refurbishment
  Planning gain finance
  Student accomodation finance
  Purchase at undervalue

One of the UK's market leaders in arranging property development finance

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


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.

Questions? support@finanz.co.uk Phone: (+0044) 0845 130 0009 Fax: (+0044) 0845 370 0021
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