An Insight into How Property Development Finance Works
At Hunter Finance, we’re a private lender that specialises in property development finance and loans from £100k to £2.5m. Since 2010, our property development loans have helped both experienced property developers and those beginning their career in the industry.
“I knew that as an independent company, we were in a great position to quickly assess risk and then respond rapidly, providing excellent customer service with all the bureaucracy stripped away.” Bill Hunter, Company Founder.
Like any other business venture, property development can be a risk, but our development finance guide is here to provide you with the information you need. We also have a property development guide that covers questions during the process of buying land.
Development finance is highly beneficial in a number of ways during the property development process. This option offers a solution for cash-flow problems and provides you with extra funding to purchase land or cover construction costs, Read more.
Hunter Finance has helped a number of different property projects across South-East England. Property development finance is commonly used for; commercial property development, self-build development and residential property development.
There has been a sharp increase in the number of private property development lenders in the last few years. Unlike banks, Hunter Finance can respond to your application within 24 business hours and can arrange a site meeting within 48 hours.
At Hunter Finance, we design and offer the development loans that we believe is best suited for your project. The application process involves us familiarising ourselves with and fully understanding the site for the proposed development, the project plans and your financials.
Once we’re satisfied with your application process, Hunter Finance will produce an ‘Offer in Principle’. This will set out the terms and conditions of the loan and any other relevant information. Our surveyor will visit the site and we’ll put the offer through a legal process.
We can typically provide our property development funding in 10 working days, but this can vary depending on the project. Find out more here. If you have any further questions, contact us on 01825749721.
Hunter Finance creates a development loan that is best suited to you. We tend to offer repayment terms over a short period of time. Repayments are primarily based on your property development project.
Repayments to your development loan can include the sale of each unit/property. Read more.
Hunter Finance provides development loans for projects with our own funds. This allows us to provide flexible interest rates on a deal by deal basis.
We offer competitive rates for all our property development loans. Our interests rates tend to range between 8-18% per annum. Find out more about our interest rates.
Since 2010, Hunter Finance has provided property development loans and finance to a wealth of projects across South-East England. Our funding has enabled developers to complete projects in desirable areas such as West Sussex and Hampshire.
Our property development loans have been highly beneficial to experienced and new property developers. We’re proud of the testimonials that we receive from developers. Browse through our case studies today.
Lets Get Started: What is Development Finance?
Applying for finance is simple and hassle free: