PROPERTY DEVELOPMENT FINANCE.

Fund your next project.

 

We are able to secure property development finance loans up to £3m for you or your business. We work with over 50 lenders to ensure you find a loan that fits your needs. Get in touch for a free consultation where we can determine if your project fits the criteria, and offer expert advice on the best loan for you.

If the following applies to you, then you may be eligible for property development finance:

  • All residential Property Types supported – Houses,Terrace, Mews, Flats
  • Applications should be supported by good evidence of demand in the local area
  • If properties are to be retained on completion a long term re-finance option can be provided
  • Mixed use and Commercial Schemes can be supported subject to a demonstrable demand on completion
  • Developments should demonstrate sufficient margin to absorb any possible future reduction in the anticipated Gross Developed
  • Value (GDV) of the project.
  • The borrower or proposed main contractor should have a good CV and be able to demonstrate experience in the sector.

We are usually able to provide loans equivalent to
70% of the estimated GDV of the project. However, if certain conditions are met, we can often provide funding up to 100% of all site purchase, development and finance costs. We can also introduce Mezzanine Loans secured on a 2nd charge to provide any additional funds.

Our Services

We are a one stop shop for all of your business and commercial finance needs. We can offer help and advice for a wide range of queries, such as property development, new business loans and factoring. Find a full list of our services below.

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Loan Calculator

Use our loan and mortgage calculator to quickly get an estimated idea of what you will owe when taking out a specific loan or mortgage. Please note that the results generated from our calculators are estimates only.

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An initial consultation with us is completely complimentary and can be done without having to leave you own home.

Please use the enquiry form to request yours today!

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    Team 313.

    Friendly, Knowledgeable and Experienced - Meet the people that make up 313 Commercial, and learn what makes them the business-finance experts!

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    Paul Gray

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