Earlier this year we advised you that the availability of property development finance had improved a little because of the entry into the market of some new lenders. This remains the case and in the section below we have shown some examples of deals that we have funded recently.
Portfolio investors have also benefited from the arrival of two new banks who can now provide loans for residential and mixed residential/commercial properties with good rental yields, up to 75% Loan to Value. This is a major improvement on a few months ago and can help those investors that wish to gear their portfolios so that they can take advantage of new opportunities.
CASE STUDIES:
Development Loan - £220,000 - single new build house in Hertfordshire.
Development Loan - £675,000 - single new build
Bridging Loan - £350,000 - auction purchase
Portfolio Investment Loan - £300,000 -
OTHER SERVICES
In addition to helping you with your property insurance requirements we shall shortly be able to introduce you to competitive terms for life cover and other protection products. Don't forget also to claim your capital allowances through us if you own commercial property.
For more information please contact us via chris@cdpropertyfinance.com
