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Business &
Commercial Finance
27-28 Southgate, Chichester
West Sussex, Po19 1ES
Tel 01243 527121
Fax 01243 532089
Consumer Credit Licence 570422
Member of NACFB |
Development
Finance
D B Associates work
with a number of Development Finance Lenders, ranging from high street
banks to specialist Development lenders.
Using the full range of contacts we can help find the right company
with the best service and rates to suit your needs.
Please feel free to contact us if you would like
more information on the options available.
Development Finance usually comes in two forms, Rate over base and bridging
style lending.
Rate over Base
This is where the lender charges
a rate over the bank base rate, there can also be arrangement fees and exit
fees.
The loan to values range from 60% - 70% of the purchase price and 60%
- 70% of the build costs.
Some lenders will take further security to increase the loan percentage.
Bridging
This is where a lender charges
a percentage per month on the loan, again there can be arrangement fees and
exit fees.
Loan to values are similar to the rate over base loans but there are lenders
who will go higher.
D B Associates have a development lender who will for the right deal fund
100% of the purchase and build cost with no extra security.
D B Associates have contacts with a number of Development finance companies
and can find the right deal for you, we can look at roll up of interest and
also work out the best rates for the deal you are funding.
Please feel free to contact us if you would like to discuss any development
projects.
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