Price Update - 24th August 2015 - RPD and Buy to Let
/100% Residential Development Finance without Personal Guarantees
Private debt lender with considerable experience in the sector is looking to deploy capital in to projects with a 25% min net profit on cost.
All purchase costs and build costs lent
Experienced developers only
Lender charges a flat interest rate and a % of profit equating to a total of 20%-30% of profit
Developer retains 70% + of the profit with any upside on projected GDV retained by developer
Scotland preferred but other locations considered
Loans from £1m to £10m
Loan term from 12 to 24 months
Please contact Jamie Davidson on 0131 564 1970 or Jamie@ConduitFinance.com for further information.
Buy To Let Finance, 80% LTV with £995 fee
Lender providing highest available loan to value for buy to let purchase and refinance
5 year fixed rates available, security with interest rates forecast to rise
Available to experienced & first time landlords
No minimum income criteria
Rental income calculation based on interest rate of 4.99%
Please contact Stuart Cardozo on 0131 564 0172 or email Stuart@ConduitFinance.com for more information.