Development Finance
Fast, flexible Development Finance up to £1,000,000 tailored to support ambitious property developers and property investors.
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Development Finance
Colenko specialise in smaller developments, and we are happy to work with experienced contractors on new projects. We pride ourselves on our excellent service based on efficient collaboration throughout the life of a project.
- Facilities up to £1,000,000
- Flexible terms to fit your requirements
- Higher levels of funding with additional security.
TYPICAL DEALS
Ground Up Build. Land with planning for the ground up development of residential schemes. Up to 70% LTV day 1 | 65% loan to GDV | 90% LTC.
Heavy Refurbishment. Projects with significant works costing more than 100% of the current property value. Up to 70% LTV day 1 | 65% loan to GDV.
Moderate Refurbishment. Projects with works costing up to 100% of the current property value. Up to 75% LTV day 1 | 70% loan to GDV.
Permitted Development. Conversion of Office Block to residential units, and other schemes under permitted development.
Airspace Projects. Development of residential units above commercial/semi-commercial properties.
House to Flats Conversion. Conversion of a residential property from a single dwelling to multiple units.