Development Funding

Development Funding

Development Funding

Exeter Finance offers non-regulated loans for both residential and commercial property developments. We assist new and existing clients with help in funding their development projects. Whether you are a professional developer, renovator or building your first house we will look at every deal on its own merits.

We are able to support our clients in site purchase, initial funding to start building works and ongoing release of funds throughout the project. In more complex cases, we may use an independent quantity surveyor and valuer to work with Exeter Finance.

On new builds it is important to have full certification so the property is appropriate for a residential mortgage for a potential buyer. Architect certification, LABC or other accredited certifications are generally accepted with most of our development loans. The end loan should generally not exceed 70% of the gross development value.

Find out more – Read our Development Funding case studies.

Development Loan Terms

    • £26,000 to £2,500,000
    • Maximum term 24 months
    • LTV up to 70% GDV
    • Interest roll up until sale if required

 

Contact Exeter Finance

Contact Exeter Finance

Address
Location
3rd Floor The Senate, Southernhay Gardens, Exeter, EX1 1UG
Telephone
Mobile
07971 847209 Peter Keech