Finance for your Development

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Development Finance: Uses

- Conversions
- Conversions with extensions
- Ground up developments
- Permitted development, commercial to residential

Development Finance: Types of Properties Suitable

- Land
- Residential Properties with planning to build residential house(s) or flats
- Non Residential Property with PD or Planning for Conversion to Residential (i.e. Office, HMO's, Sui Generis to Residential)
- Multiple occupation (such as HMO’s)
- Land or Property in England and Wales

Development Finance: Loan Conditions

- Multiple security acceptable
- Rolled up interest
- Adverse credit considered on a case by case basis
- Minimum Size £500k, maximum size £10 million
- Maximum GDLTV 65% 1st charge
- Max 80% LTC
- Interest rates from 0.90% per month
- Experience will be required, pricing will vary accordingly
- Liquidity of the built property important, pricing will vary accordingly

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1 Hour to your Decision in Principle

A decision in Principle can be given within an hour of application, if during weekday hours. We can take a Bridge Loan from Decision in Principle to cash in your bank inside 4 days if necessary.

This information is strictly for the use of approved intermediaries only. Acre Lane Capital Ltd,a limited company registered in England under 11518927 whose registered address is 2nd Floor, 4 Beaconsfield Road, St Albans,. Hertfordshire, AL1 3RD. Acre Lane Capital Limited is registered with theOffice of the Information Commissioner for data protection purposes (reg. noZA457199). © Acre Lane Capital Limited 2021.