Whether you are an experienced property developer or somebody looking for a first-time project, our team of experienced managers is here to discuss and advise you on every aspect of your development finance needs. We have an unrivaled portfolio of lenders with a wide range of mortgages or loans available to suit your circumstances. GO Financial Services can provide a range of development finance loans, which will help to support your project. All development finance is unique and must be individually assessed with our managers carrying out site visits and working closely with you to fully understand the project and secure the best funding package.
Development Finance Projects we help fund
Whether your project is large or small, we can organize effective and hassle-free development finance support. There is a range of property development projects we can fund, these include:
Housing developments from single units to large sites
Apartments and flats
Part-completed developments
Holiday accommodation schemes
Conversions – residential and commercial
Commercial developments
Retail units and offices
Lenders typically work to the gross development value (GDV), this is the end value of the development once finished and any funding agreed upon will be a percentage of this figure. We can arrange with our lenders and providers the following:
Land purchase and development cost funding
Stage drawdown of development funds
Interest roll-up – no payments due until the development is complete
Arrangement fees added to the loan
Flexible loan terms
100% funding available with additional security
Mezzanine funding
Build warranties
When our clients need to raise additional funds for development we can arrange Mezzanine funding. This can increase the overall funding to 90% of the total development costs including site purchase. Mezzanine finance is provided by specialist funders on a second-charge basis, “topping up” a senior debt facility to complete the finance package.
