Development finance
HCC will help residential property developers, builders and entrepreneurs access and secure funding for land purchases and development of houses, housing schemes, apartments, conversions of offices to apartments or refurbishment of houses or barns.
WHY CHOOSE HCC?
You will always speak/deal with a decision maker
Speedy streamlined credit process for quick decisions on loan and development finance.
Very competitive rates of interest and fees
Versatile bespoke approach to each lend and a sector knowledge appreciation that each transaction will have its own features requiring separate funding analysis.
Ready availability of loan funds through an established “well” of individual lenders i.e., HCC syndicate lenders; and strong relationships with senior lenders
We source and arrange bridging finance for residential developments and properties:
Facilities – from £100k – £7M
LTV – up to 70%
Term – between 6-12 months
Security– 1st Charge
Region – Eng & Wales
We arrange both light and heavy refurbishment loans:
Facilities – from £100k to £2M
LTV – up to 65%
Term – up to 24 months
Security– 1st Charge
Region – Eng & Wales
We facilitate and support SME Developers and housebuilders in both land acquisition and post-acquisition schemes, property conversions, barn conversions and existing development schemes:
Facilities – from £100k – £4M
LTV – up to 65%
Term – up to 24 months
Security– 1st Charge
Region – Eng & Wales
Facilities or converted post development loan facilities can be arranged in certain circumstances where a development is completed but developer sales have not completed and the developer is seeking an early release of equity or working capital for recirculation into other schemes:
Facilities – from £200k to £2M
LTV – up to 70%
Term – up to 12 months
Security– 1st Charge on remaining completed but unsold development
Region – Eng & Wales
Past Case Studies
In the last 36 months HCC have sourced and facilitated over £80M of funding arrangements to SME Residential developers and builders through HCC sourced funders.
Acquisition and redevelopment of a house in Ashton, Chester
£1.7M facility at 65% LTV over a 19 months term
Land and development facility of 8 Apartments - 100% funding, Wirral
A £2.46M Facility at 70% LTV and a 19 month term
Office conversion to 116 Apartments in Greater Manchester
£11.5M senior funding exit for the Bridging Loan
Development of 5 properties in the Mid region of the Wirral
A £355k Facility at 64% LTV and a 12-month term
Residential land purchase and development, West Wirral
A £790k Facility at 56% LTV and a 12-month term
Acquisition and development facility for a barn, West Cheshire
A £322k Facility at 60% LTV and an 18-month term
Acquisition and development of former college buildings into residential apartments, Christleton, Chester
£500k acquisition facility and a further £1.8M Development and subsequent Developer Exit Facility of £3.5M
A developer exit facility for a mews house development, Caldy, West Wirral
£1M Developer Exit Facility at 65% LTV for a 12 month term
Book a consultation with our team
If you are an SME developer or builder and you are looking for short term acquisition and development finance for residential property development but are struggling with the inflexibility and time/cost consuming processes of traditional banks and lenders?
