Any Credit HistoryMarket Leading RatesJoint VentureMezzanine FinanceQuick DecisionExpert AdviceDevelopment ExitNo Monthly PaymentsUnlocking the potential for developers to construct premium student accommodation with promising letting prospects is our forte.
As the student population burgeons, purpose-built accommodation tailored to their needs becomes increasingly vital. We stand as a stalwart supporter, having financed numerous pioneering projects in this domain.
Our seasoned regional relationship directors stand ready to craft financing solutions aligned precisely with your aspirations.
From inception to fruition, they offer unwavering support and invaluable counsel, ensuring your journey is smooth and successful.
Our Development Finance team boasts extensive experience across the UK, fortified by specialised directors adept at navigating the intricacies of diverse funding requirements. Connect with us today to discover the breadth of our assistance.
By collaborating with developers nationwide, we facilitate access to flexible funding avenues, enabling the inception and realisation of high-value student accommodation projects.
Strategically situated in proximity to prestigious universities and higher education institutions, these developments promise lucrative returns.
Bolstered by the resilience of the sector, we orchestrate funding solutions for projects in key university towns, provided they meet stringent criteria.
A prime location, robust profit margins, and burgeoning demand for student accommodation form the cornerstones of our financing endeavours.
Partner with us to embark on a journey of unparalleled support and expertise, propelling your student accommodation developments to new heights of success.
Reach out today and witness the transformative potential of our financing solutions.
When looking for development finance it is important to identify the type of project being planned by the developer in order to access the correct funding product. Types of works can include:
New builds nearly always require development finance loans. Once the project is completed, developers may use development exit finance as a more cost-effective solution, but this cannot be done before the project is watertight.
For this type of project, refurbishment finance is typically the correct type of loan to use, however if the project is larger than the norm, development finance may be a better alternative.
A refurbishment loan, which is a type of bridging finance, is generally used for property renovations. It can be used for various improvements including, installing a new roof, general structural changes, building an extension, refurbishment, and decoration.
Property investors or developers may want to buy property which needs development or completion work still doing and are unable to get funding from their bank. This is a typical scenario when a bridging loan is a suitable alternative.
Development finance loans are typically paid in one of the following three ways:
The total loan amount is paid in full, using the profits, when the project is complete, and the properties have been sold.
This usually happens when the developer wants to keep the development for either personal use or for rental purposes.
This type of short term loan is often used to fund a new development project before the current project is sold. It can also be used to give developers a bit of breathing space to complete minor works and find buyers.
It depends! The classification of student accommodation in the UK can vary based on several factors:
It can be, but like any investment, it carries risks and requires careful consideration. Here are some key points::
Yes, in most cases, stamp duty applies to purchases of student accommodation in the UK. However, the specific rates and exemptions might differ depending on:
Remember: It's crucial to consult with a financial advisor and property expert before making any investment decisions. They can help you understand the specific tax implications and risks associated with student accommodation in your chosen location.
Having access to funds for property development purposes allows borrowers to take on bigger projects than they would usually be in a position to finance.
The purpose of the facility is to provide the developer with additional time to sell their completed development, while keeping costs as low as possible.
Qualifying for finance as a first-time developer can be challenging. This is why it is advised to seek support of an independent broker at the earliest stage.
Our products are suitable for large and small hotel development projects of all types, from repurposing existing properties to building new hotels from scratch.
Joint venture development finance works similarly to conventional development finance. However, no deposit needs to be paid and rates are typically higher.
Mezzanine finance, aka mezzanine funding, effectively enables property developers to 'top up' their first-charge development finance facility to access extra funding.
No Personal Guarantee (PG) development loans are effectively a form of unsecured funding for major property development and construction projects.
Whether your goal is to maximise the value of a property you plan to sell or to boost rental income long-term, a refurbishment finance loan could be just the thing.
Senior debt development finance is the primary source of funds in the form of a first-charge loan. It is considered a lower-risk facility on the part of the lender.
Stretched development finance can be the perfect choice for investors and developers looking to stretch their own equity as far as possible with borrowing for up to 90%.
'Light refurbishment' is used for cosmetic upgrades and minor improvements. 'Heavy refurbishment' is used to raise funds for structural improvements.
Commercial property development finance can be used to fund, build or develop a property or be used to expand your current business property or space.
Permitted development funding emerges as a financial solution tailored to specific projects where prior planning permission is not needed.
No matter the scale or scope of your ground-up development, lets work together to breathe life into your vision.
Working with developers nationwide, we provide access to flexible funding enabling the inception and realisation of high-value student accommodation projects.
Build to Rent is a property development strategy crafted specifically to cater to the rental market, diverging from the traditional focus on long-term home ownership.
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