What we fund
We fund a range of schemes including residential, mixed use, student, new build, refurbishment, flats and houses, focusing on schemes with a high proportion of affordable housing. We will step into a part-built development and offer higher gearing against forward sales, including the value of the freehold. We allow for sales during the loan term to minimise the amount set aside for the interest provision.
Who we work with
We work with experienced developers, with track-records of high quality projects, who invest equity in their projects; this includes soft equity, third-party equity, forward sale deposits and other property assets as a substitute to cash equity. We fund both self-build schemes and those using third-party contractors.
Where we finance
We finance schemes across a broad geographic footprint in England and Wales.