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.