Development finance

Enterprise Finance enters development market

Enterprise Finance has launched a new development finance broker offering.

The distributor’s development finance team has selected an elite panel of lenders and will now offer financing to professional property developers.

This includes developers working on single or multiple units, or from the ground up as well as individuals looking to self-build.

Enterprise will also consider aspiring developers looking to enter the market.

Key features of its range include loans:

up to 100% of land purchase price
up to 100% of build cost
up to 100% of interest and fees retained in the loan
up to 65% of GDV
minimum £150,000
maximum £25m
from 6% pa.

Part of the Enra Group, Enterprise also specialises in second charge, bridging, commercial and complex buy-to-let mortgages and loans. 

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