Phone link
Phone link

Live chat

Development loans: Established lender looking to help new clients.

by Andrew Montlake on 25th August 2020

Road sign

Development loans: Coreco has access to a CBILS developer lender! However, the funds won’t last long … 

The right development loan finance can help you turn a development project into a dream home or a profitable investment. Development loans are available for new builds, refurbishments or conversions and developing to let.

  • Development loans 60% GDV, 80% of Costs
  • No lender arrangement fees
  • No interest payable in the first 12 months
  • Survey fees, Legals, monitoring, and QS fees potentially reimbursed (limits apply)
  • £1-5m development loan amounts considered. Larger amounts can be considered with standard finance on top
  • Available in England, Scotland, and Wales
  • Coreco will charge a broker fee of 1.5% on drawdown (can be added to the facility)

If this catches your eye, do give us a call on 020 7220 5110 or contact us here and one of our experienced, professional brokers will be delighted to assist.

Your property may be repossessed if you do not keep up repayments on your mortgage. A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.
andrew

Written by Andrew Montlake

Managing Director

Andrew Montlake is more than a traditional MD, he is our very own brand guru, who knows everything there is to know about Coreco – so he’s our go-to guy when the media ask what we’ve been up to. As such, he is regularly quoted in the media with appearances on BBC and SKY TV as well as National and local Radio. It also surprises many to discover he’s actually a closet rock star, singing in Rogue Monkey when he’s not working at the coal face for clients like you.

Read more posts by Andrew
DNA Shape DNA Shape

In case you missed it..


CorecoDNA

Overlay image

Personal

We know that all our clients are unique, and therefore the finance you require needs a different approach. We pride ourselves on providing a client focussed journey built around your needs and goals.

Overlay image
Overlay image

Professional

Our team always expresses their professionalism through their authenticity, high level of work ethic, and can-do attitude. We always find the best way for our clients to succeed.

Overlay image
Overlay image

Progressive

Our progressive and forward-thinking outlook allows us to guarantee an exceptional level of innovative advice and service, ensuring an effortless, client-centric journey in the ever-changing financial world.

Overlay image

CorecoContact

Want to talk to us?

Fill out the details below to start a conversation with one of the team.

    https://www.corecocommercial.co.uk/privacy-policy

    CorecoReviews

    Advice you can trust