The UK's independent property information site
|
|
||
|
The UK's independent property information site
|
||
|
|||||||||
| Builders and Developments Discussions, info, and help about house builders, property developers, and building development. |
 |
|
|
LinkBack | Thread Tools |
03-11-2009, 01:24 PM
|
|||
|
|||
Development funding
Hi to everyone
I am new to the site and would like to start my first thread on the current situation with lending for property development. Does anyone have any suggestions as to what lenders might be interested in LTV of 72% for a new build development in North London with excellent facilities and transport? I have full planning, an affordable housing association which are about to sign contract and 27 private flats to build. Most banks seem to have lost their appetite for property development on anything above 60% LTV 
|
|
03-11-2009, 01:55 PM
|
|||
|
|||
|
I'm looking into it and will have an answer in an hour or two.
What is the loan size? Also, are you an experienced developer?
__________________
Independent Mortgage Advisor, expert in residential, buy to let, holiday let, and refinance mortgages
|
|
| Thread Tools | |
|
|
|
|
| » Property Boards |
|
Buying Property
Selling Property
Estate Agents
Solicitors & Legal
Builders & Developments Property Development Home Improvements Buying Property Abroad |
Important Notice: HomeMove.co.uk does not provide professional advice on any aspect of buying, selling, developing or investing property. All posts are provided as lay opinions and not personal professional guidance. You should always seek a qualified professional for professional advice in relation to your personal circumstances. The HomeMove.co.uk forums are not monitored, and the site administrators cannot be held liable for the content of the forum. If you have any objection to any post on the forums, please either use the Report Post feature, or else Contact Us to ensure such content is properly dealt with. We are not responsible for third party links on the site.
