JV50
JOINT VENTURE DEVLOPMENT LOAN
- Designed to finance part constructed Residential developments; providing finance to both acquire part built schemes and complete the building works
- Loan to Value of 65% of Value of Property under development
- Interest Rates from 1.45% per month, plus Joint Venture Profit Share
PRODUCT KEY FEATURES
- Loan to Value of 65% of Value of Property under development
- Designed to Finance part constructed Residential Developments; providing finance to both acquire part built schemes and complete the building works
- Interest Rates from 1.45% per month, plus Joint Venture Profit Share
- Loan facility provides much sought after “speculative” funding for small unit Residential Development Schemes
- Not available for Apartment / Flat schemes
- Maximum number of Units is 10 per individual development site
- Maximum Loan period of 12 months
VIEW OTHER PRODUCTS:
WE WILL LEND AGAINST >
- RESIDENTIAL PROPERTY
- RESIDENTIAL DEVELOPMENTS
- COMMERCIAL PROPERTY
- COMMERCIAL DEVELOPMENTS
- MIXED USE PROPERTY SCHEMES
- OFFICES
- RETAIL
- LAND
- INVESTMENT PROPERTY – RESIDENTIAL AND COMMERCIAL
DEPENDABLY EFFECTIVE >
- DECISIONS IN HOURS
- LOAN COMPLETIONS IN DAYS
- EXPERIENCED FINANCE AND PROPERTY PERSONNEL
- ON-LINE APPLICATION PROCESSING
- NO FRONT END PROCESSING FEES
- BROKERS FEES PAID ON SAME DAY AS ADVANCE PAID TO BORROWER
- EXTENSIVE PANEL OF APPROVED VALUERS
