Top 10 Finance Ltd Rex House, 4-12 Regent Street, London, SW1Y 4PE
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We are registered and comply with the Data Protection Act (1998). Registration No: Z2861884 Company registered in England number 06261373
Property Development Finance options, If you are looking to develop property it is important to know what your Development Finance Options are these include the types of funding that are available to you and what your best options are to move forward with your development project. When developing property they are two finance options that are available to you, you can fund the project out of your own cash resources or take out a property development loan or finance, most property developers would not entertain fully funding a development out of their own cash, they want to utilise their leverage as much as possible to allow them to spread their cash further, this would mean being in a position to develop more properties and so increase their overall profit.
In order to do this they look to maximise the amount they can borrow against each project that they start, this is done by getting specialist property development finance for each project, whilst this includes costs these are considered just a part of the overall development costs just like employing a builder or bricklayer, these costs are just put in the overall development appraisal like any other. Development finance options are from either a high street bank or specialist lenders who offer to fund in this market, whilst high street banks are very fussy about who they will finance the specialist lenders will look at all scenarios and also generally have a more flexible and laid-back approach, furthermore their interest rates can be just as competitive and they will also lend a higher loan to value on their finance so your cash reserves will go further and allow you to do more projects.
To get the ball rolling give us a call on 0800 138 6001 anytime 24/7 or you can talk to us on chat or complete the web form and we will give you a call at a time that is convenient to you.
Get in touch you can call us anytime 24/7 or fill in the form on this web page and we will contact you to provide your quote.
With over 20 years experience you can be assured of the very best help and advice from our team.
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