How much can I borrow through BuildStores Short Term Development Finance?
As all development cases are unique, each project will be assessed on there own merit. New builds: we can offer up to 75% towards land purchase and 100% of build costs. Renovation/Conversion projects: we can lend up to 80% on property purchase and 100% on build costs. There is also the possibility of 100% lending if sufficient additional security is offered. Loans are not based on your income. What we will want to see is you ability to cover the deposits we require and in most cases your ability to cover interest payments. In some cases a roll up of interest can be offered. We will consider all developments. There is no minimum or maximum loan size. We will consider single property developments and multiple sites of any size. You can apply for development finance if you are individual, partnerships, ltd company, self employed or company director. 5. How can I find out more and apply? Our Advisors are available to answer any questions you may have regarding your development finance. The
