Part 6: How do I repay a development loan?
Flexible repayment options for your development finance
Our development finance has helped support property developers with their projects across the South-East of England. We’ve helped experienced and new property developers with the projects in popular areas such as Hampshire, Essex and West Sussex.
When both parties have agreed to the type of development finance that they’ll receive, we tend to be flexible when it comes to the repayment of the development loan.
The two most common ways property developers repay their development loan with us is:
- A % taken out of the sale proceeds of the development. This can be dependent on how many housing units are being placed on the land.
- The property developer can refinance through a buy-to-let mortgage that will help repay our loan.
For more information about how property developers repay our development finance loan, contact us on 01825749721.
Providing development finance to help you
At Hunter Finance, our development finance is designed to solely benefit you and your project. Unlike banks, we won’t immediately reject your project based on your experience or on the size of your loan.
When processing your development finance and loan, we’re committed to providing you with a service that gets you the necessary funds as quickly as possible. We do this by:
- Giving you a response within twenty-four business hours if we can help you.
- Not prolonging the loan process with lengthily credit checks.
- No computerised decisions involved.
- Funds available for your development in 10 working days.
If you have any further questions on how Hunter Finance can help you, contact us on 01825749721. Alternatively, you can send us an online form and we’ll get back to you within 24 hours. Start your property project with development finance from Hunter Finance.
Next: How much interest will I have to pay?
