Securing property development finance shouldn’t be slow, complex or costly. But delays in funding often lead to unexpected expenses and setbacks, regardless of your development project’s size or location.
These setbacks can create a costly ripple effect for developers. From planning application bottlenecks to supply chain issues, even the smallest of hold-ups can create significant cash-flow pressure. This makes it difficult to gain a competitive advantage and can even derail projects completely.
What if we said you could minimise these bottlenecks, while accessing increased funding from day one of your loan, without having to worry about retained interest eating into your capital?
Our new funding solution does just that. REAL (Residential Expertise Accelerating Lending) provides property developers with accelerated funding support up to £500,000 (£750,000 in London), with rolled-up interest to maximise your net day one position.
Receive rapid decisions and funding
With REAL, you can obtain decisions and secure loans from £100,000 to £500,000 (£750,000 in London) for bridging and light refurbishment projects, typically within just four to six weeks.
Keep your development projects moving
Powered by BUILD, our in-house proprietary appraisal tool, REAL is designed to keep projects moving with speed and certainty. Unlike traditional finance options, REAL’s interest is rolled-up not retained, ensuring you can access more funds upfront. This means you get more capital to work from project kick-off, giving you a stronger net day one position and, ultimately, delivering better financial returns.
What does REAL funding cover?
REAL can be used for projects that require:
1. Bridging loans
Ideal to fill a funding gap. Bridging loans can also include funding for limited works, with a total repair and development budget less than or equal to 10% of the CMV (purchase and refinance) and purchase price (if purchased)
2. Light refurbishment
Perfect for small development projects and flips. The total repair and development budget can be up to 50% of the CMV, though this may require RICS report plus an independent monitoring surveyor.
3. Auction finance
Additionally, we offer fast funding for auction purchases through our trusted partner, with preferential rates versus going direct. This will be subject to separate criteria and fees. Click here to apply and select ‘Auction Finance’.
What are the associated costs?
REAL provides property developers with faster and smarter development finance at highly competitive rates:
Engagement fee – £299
Arrangement fee – 2%
Title indemnity insurance – £350 to £450+VAT (avoids four-week search delays)
Fixed legal fee – £1,800 (includes VAT) plus disbursements
Learn how REAL can give you streamlined access to property development expertise and funding, typically within 4-6 weeks – visit https://campaign.crowdproperty.com/real