Senior Debt
SENIOR
KEY FEATURES
| Maximum Loan to GDV | 75% |
| Maximum Loan to Cost | 90% |
| Maximum Loan to Purchase | 80% |
| Interest rate pa | 7% |
| Loan Size | 5m+ |
| Arrangement Fee | 2% |
| Exit Fee | 2% |
| Maximum Term | 36 months |
- Value in land and planning uplift recognised as equity
- Interest compounded quarterly, as opposed to monthly
- 10% of build costs to cover cost-overruns as a guarantee
- Indicative terms within 24 hours
- Flexibility to be very competitive on rates
- 90% of total costs NET – excluding interest
- Flexibility regarding loan to GDV subject to max 75%
- A dedicated relationship manager on call 7 days a week
CRITERIA
COME AND MEET US!
We enjoy sitting down with developers to discuss their projects and explain how we can best help them achieve their goals moving forwards. Please feel free to pop into our office (we’re 2 mins from Marble Arch Station, 5 mins from Bond Street) or let us know whenever might be convenient to meet and we’ll be more than happy to see you!
Newsletter
Contact
37 Upper Brook Street
Mayfair
W1K7PR
Mayfair
W1K7PR
020 3008 2553
M-F: 9 AM – 6 PM
Sa: 10 AM – 5PM
Su: Closed
Sa: 10 AM – 5PM
Su: Closed
