Hodge development finance solutions
Our experienced Real Estate Finance team will work closely with you to understand your property ambitions and tailor a development finance solution to suit your project needs
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Development Finance
Residential and alternative residential, and commercial development finance options of up to £10m on single transactions for individuals, partnerships and limited companies
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Short Term Finance
Short term lending options available from £1m on single transactions for individuals, partnerships and limited companies on land or property with a planning consent
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Stretch Senior Finance
Providing experienced developers with extra flexibility and the option to access additional development finance in a quick and convenient way, dealing with the same trusted lender
Need to know
- Available to experienced developers - individuals, partnerships, LLPs, Ltd companies and PLCs
- Build to rent option available
- Loan size - £2m to £10m
- LTGDV/LTC - traditional senior finance – up to a max of 65%/80%
- LTGDV/LTC - stretch senior finance – up to a max of 75%/88% Please get in touch to discuss
- Commercial development – pre-let/pre-sale required
- Variable rates and fees available upon request
- Complex and overseas ownership structures considered
Further information
- Typical security for a development finance transaction including: first legal charge, debenture, personal guarantees (interest and cost overrun) and collateral warrantees where design responsibility exists
- Repayment - 100% net sales proceeds or refinance to term debt
Get in touch
If you’d like more information about how we can support your property development goals, we’d be happy to help.
