How your loan is structured

Seven stage funding for a new build property

Hunter Finance is a leading loan provider in the property development market.

We provide fast and flexible short term loans based on your needs.

We carefully consider every project including complex cases and those who have been rejected for finance elsewhere.

Hunter Finance was established in 2010 and since then we’ve worked with over 250 clients in the South East of England including Kent, Oxfordshire, and London.

We use our expertise in the housing market plus our own private funds to supply short term finance for property professionals.

“I have used Hunter Finance for 2 developments in the past 18 months and on both occasions have been very pleased. The whole process of arranging the funding, dealing with the legal process, and drawing funds is dealt with quickly and professionally.  M. Salmon, May 2018

We offer structured, fast finance

Our loans are based on your needs, at Hunter Finance we listen to what our clients want.

We understand that in the property development business decisions need to be made quickly and you will need fast access to funding to get your project off the ground, or to keep it on schedule.

This is why we talk through your financial requirements with you and structure your loan so that you get the money you need when you need it.

Our fastest time from initial inquiry to money being transferred in the developer’s account is 10 working days.

See our example loan structures below:

Seven-stage funding for a new build property

Monies are released in stages:

1. Loan to value (LTV): We lend up to 60%. See who we lend to.
2. Foundations: Access to the first stage of funding to begin work
3. Wall Layout: After the foundations have been checked and signed off we release the next stage of funding
4. Roof: The roofing and the shell of the buildings are completed and checked
5. 1st Fix: Constructing walls, floors and ceilings, and inserting cables for electrical supply and pipes for water supply
6. 2nd Fix: Final work from electricians, plumbers and carpenters
7. Completion: The last funds are available to finish the property and prepare for the sale

Three-stage funding for multi-unit development

Day one: Access to initial funding as per agreement

During the development period: Access to a cash flow facility up to the agreed amount

Completion: Access to remaining funds

How property development finance loans work

Loan structure basics:

• The loan application is complete when the finance had been fully arranged and agreed by both parties.
• Funding is released as per the contract subject to signing off by a quantity surveyor or architect.
• With most of our loan facilities, interest is only payable on the money drawn down, potentially saving you thousands of pounds in fees.
• When the development is finished, any exit fees need to be paid by the agreed date.

At Hunter Finance we are happy to discuss your specific situation and loan needs.

Get in touch to find out how we can help fund your development project.

We’re here to help

We use our expert knowledge of builder finance to assess the profitability of your scheme as well as advising you on how to maximise the use of your capital.

Call us on 01825 749721 to talk about your house building project or apply for a loan online.