We can typically secure funding up to 70 per cent of the purchase price or current value and up to 100 per cent of the development costs.
We understand that each development is unique. Our team of property lending specialists will tailor a bespoke solution to meet your requirements, no matter how complex. We have access to 38 funders across the property finance spectrum, so you’re guaranteed to be offered a flexible range of the best solutions.
Is residential development finance the right option for me?
This is the perfect funding option if you are looking to develop a building or site into residential units for sale or rent. It is also ideal if you are looking for finance for new builds and renovations.
Repayments are usually on an interest only basis with options to include interest covered monthly, quarterly or even rolled up for the entire period of the development.
Funds can be drawn down in stages in line with the development which reduces the overall interest costs.
Why choose Goodman Corporate Finance?
Unlike many of our competitors, we will manage the whole deal from your initial enquiry right through to the release of your funds. We are not tied to a specific funder. This means that we can offer you a range of solutions, allowing you to choose the deal that is best for your current needs.
To discuss residential development financing options in more depth, please get in touch by calling 0333 3583502 emailing admin@goodmanconsultancy.com or completing our contact form.