Residential Development Finance
Residential Development Finance
Author
Discussion

bobo

Original Poster:

1,726 posts

308 months

Monday 5th February 2018
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Does anyone have any experience with the market on say £1mln bridging loans these days to finalize a residential build development in london?

Many thanks

mattnovak

338 posts

132 months

Monday 5th February 2018
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The company that my company is a part of provides such a service. Best to go through a broker, there’ll be arrangement fees which can typically be added to the bridging loan, plus sometimes an exit fee upon sale of property. Happy to chat through it with you and recommend some names, but I’m on holiday in at the moment and just about to head to the bar

Dick Dastardly

8,326 posts

293 months

Tuesday 6th February 2018
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https://www.purecommercialfinance.co.uk

Bridging and development is what they specialise in. They have sorted out my last couple of projects and are working on my next one. Ranging from £150k in funding to £4m+.