As we lend our own funds, there are no set rates for our property development loans. However Hunter Finance offers some of the most competitive rates on the market.
We constantly check what rates are being offered by our competitors and look to rate match when possible so our customers can be confident that they are getting a great deal.
As a specialist lender, Hunter Finance will normally charge interest rates of between 8 – 18% per annum. Interest fees are calculated on the risk profile of the development, the length of borrowing and the overall security offered.
All loan applications are assessed individually and interest rates will be determined according to the following:
We do not require our interest payments to be serviced monthly, unlike other lenders, it is simply paid upon the exit of the loan, whether it be a sale or refinance.
Our clients have found that this is a beneficial arrangement as more cash is available during the critical construction period. Read our testimonials for more recommendations.
“My experience of working with Hunters has been very successful. Their approach is very professional and flexible. They are not like a high street bank, (thank goodness) but individuals who accept that we are the customer. Very reliable. Old fashioned values.”
Previous: Getting the best interest rate.
If we can help we will say so, if we can’t we will be able to point you in the right direction or suggest alternative financial vehicles.