Positive Development Finance
Positive Development Finance are experts in the field of property development finance areas such as mezzanine finance. Our team consists of ex-property developers and investors, giving us priceless knowledge and experience to enable us to assist you in finding the right deal, having dealt with funders in the capacity of both borrower and intermediary for many years. Today, we are full time finance brokers with a wealth of resources available for you to exploit.
Our panel of funders is second to none. We use institutional lenders, private banks and reputable private individuals to fund development projects throughout the length and breadth of the country. As our sources are so varied, there are no geographical restrictions (yes, funding is available outside of London!) and no maximum funding amounts. We can arrange funding for single units or large developments of residential (houses and apartments), commercial and mixed-use schemes in the UK. We know how all our funders work, what they expect and how to get the best out of them – so much so that they call upon us on a consultancy basis from time to time to assist them with a specific need or market research.
In the development finance marketplace, it is essential to stay abreast of what is available and from which provider. We are in constant contact with our panel of funders to ensure new products and incentives are utilised, and new funders are regularly welcomed on to our panel after being thoroughly vetted.
The costs of a development finance facility can vary quite dramatically, dependent on the developers profile, project location, number and type of units, and what Loan To Value or Loan To Cost is required. Interest rates start from 4% per annum, with arrangement and exit fees in addition.
If you need development finance, you have come to the right place. We do not charge any upfront fees and will happily appraise your project and give you an honest opinion as to whether we can help. We’ll be totally straight with you.
Positive Development Finance only earn fees if your project is funded – that’s why we work so hard to ensure you get what you need.
Our parent company, Positive Commercial Finance, is a full member of the National Association of Commercial Finance Brokers (NACFB) and a Silver member of the Association of Bridging Professionals (AoBP). Check out our Testimonials section for client comments.
Positive Development Finance can also offer, through our partners, Latent Defects and Structural Warranty cover. Please contact us now for more details.