Property Development Finance

MVC

Our Development Finance

Moody Venture Capital LLP provides property development finance for residential property development schemes, within a significant area of the UK where planning permission has been obtained for new build construction projects.

We will provide up to 65% against Gross Development Value which would normally equate to 80%+ of the costs involved in the property development project – dependent upon margins. There are many areas of the country where we will offer property development loans. Although London, Essex, Kent, Surrey, Sussex and the Home Counties are our preferred area of housebuilding development finance.

Lending rates are scaled according to the percentage required by the housebuilder/property developer. Where we are providing the senior debt, we may consider bridging loans or stretched senior loans in some circumstances. We have a straight forward operational structure where all evaluations and decisions are made in-house. We take a flexible approach to property development funding and would typically offer an in principle decision within 48 hours.

MVC Lending Criteria
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Most of England and Wales – Unfortunately ont Scotland or Ireland

Principally residential property development but may consider schemes with a small element of commercial use

£500,000 – for more local schemes

Up to £4,000,000

Loans are secured by a first legal charge, a Company Debenture and Personal Guarantees if lending to a company

Broker fees are accommodated – Please call to discuss

Generally MVC provide up to 65% of Gross Development Value ( GDV) but may be able to extend this based on the overall structure of the deal. Depending on the specific deal this will usually mean we fund 100% of the build cost and fees and pay a contribution towards the land cost

We will consider but require full disclosure in order to make an informed decision

Insightful Analysis

Our aim is to provide a simple and fast approach to lending, cutting through the red tape of main stream funders.

Our Advantages

No hidden costs: 0% broker fees, zero upfront fees, no initial commitment.

Competitive Development Finance

We lend our own money and specialise in development loans and property finance across the whole of England and Wales. We lend to experienced and first time developers

MVC

Keeping Britain Building

Development Finance is a short-term funding option, usually for between 12-15 months. It is designed to assist with the purchase and build costs associated with a residential development project. This can be a new build, refurbishment on conversion ranging from a single unit through to multiple units built in phases.

The first elements of the funding will often be used to assist with the purchase of the development site. This could be land where a number of new properties will be built or an existing property that will undergo a refurbishment/conversion. The second stage of the loan is used to pay for the build costs associated with the project. Funding for the building works will usually be released in drawn down stages, typically once every month.

Over the last 20 years MVC finance have lent more than ??? on over ??? development projects helping our clients take action on profitable opportunities and access outstanding returns on their investments.

No hidden costs: 0% broker fees, zero upfront fees, no initial commitment.

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