Before we can lend on a project, we need to know more about the development and the type of finance that is required. You can get in touch using our application form, or calling us on 01825 749721.
We will produce an ‘Offer in Principle’ for you, which sets out the terms and conditions of the loan.
Once the offer is accepted our surveyor will start his desktop study within 24-48 hours. He will then arrange a site visit to produce a development viability report. This goes through your figures and assess the end product. We don’t look to make a profit on our reports – we only charge the rate we pay.
If positive, we will go to the legal process. Our solicitors will go through searches and assess whether the title is clean and marketable and that our 1st change is secure. We don’t look to make a profit from the legal process – we only charge the rate we pay.
Following this, the loan will begin. Our fastest time from initial enquiry to money being transferred in the developer’s account is 10 working days.
If you would like to enquire about a property loan for your project please call 01825 749721.
Savills forecast that by 2021 London rental prices will increase by nearly 25% while the rest of the UK is set to see a 19% rise.
At Hunter Finance we have funded many projects across London and the South East. We have picked out a few of our property developments for you to read about. Contact us to talk about our lending criteria and see if we can finance your next project. Bognor, West Sussex […]
We look at how a UK property prices map can help us understand the property development finance market in the South East of England.
Although I have experience in developing property
I am developing property for the first time only in my name.
Hunter finance have not only assisted and helped me through the project, but have given me critical support through the difficult times.
This crucial support has allowed me to achieve success in my first development.
The team including their bank monitor are approachable and supportive as they wish for us the developers to be successful.
I have achieved success , because of them.
NB LAND AND NEW HOMES
We have used Hunters services for our development of 8 new build houses and have been very pleased with the service provided. We have found the company to be not only very professional but responsive when needs arise. Issues or questions are dealt with by people with whom we have built a relationship with not a department. We intend to continue using Hunter Finance on a long term basis and would, and have recommended them to other developers.
We have successfully come to the end of a development of 3 new build houses, and Hunter Finance has been with us all the way. It was a much-delayed start, but with them having done their due diligence at the outset, their support in getting it off the ground was never in doubt (whereas a Bank would doubtless have had changes of policy and personnel during that time). Things never go entirely to plan, but they always looked for solutions with us. Because property development finance is all they do, they are very good at it. E.g. they always release each stage’s funds the same day as the valuation surveyors’ report, helping cash flow.