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Used to help investors, developers, private builders or self build projects move quickly; once a site has been identified with planning permission or planning potential is in place. Take for instance that your client's bank is unable to provide funding as the property is not producing any rental income or is just too speculative. Or the client is able to purchase vacant premises and following completion, wishes to submit a planning application. As specialists in recognizing the potential of development sites, we are able to structure short-term loans to finance acquisitions pending a change in planning permission.
Once the value of the site has been increased by the planning enhancement, the client is then able to re-finance the site through normal high street lenders, develop out or sell off to a developer.

Criteria
• Market Value
• 70% LTV
• Commercial
• Residential
• Planning Gain • Residential Zoned Areas
• Multiple properties
• Development Property
• Brownfield Sites