This is an improved joint venture facility that previously had a maximum of £2.5 million.
It is a genuine partnership with priceless insider knowledge in construction as both a developer and lender. Our criteria are simple: A 27% minimum return on GDV (pre-finance), full or outline planning, middle of the market reasonably priced housing and a maximum term of 18 months.
• True 50/50 profit share - no fixed exit cost
• No valuations or personal guarantees
• No borrower cash input
• Fully funded acquisition and build
• UK Mainland