December’s Development Funding Overview


Loan Eligibility & Rate Check

By using this form you agree with the storage and handling of your data by this website.


Outdated Browser

Viewing this page in IE Browser:
Click Here

2019 was Mint’s biggest lending year yet with millions loaned for developments all over the UK. Here we’ve picked just a few of our best deals from December:

Selection of Decembers development loans

Hungerford

Purpose of Loan: Refinance & Development
Loan Amount: £345,000
Term: 12 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes

Loan Snap Shot

More Info

Loan needed to purchase a residential property which has planning permission for a conversion from a 2 to 4 bedroom property.

Derby

Purpose of Loan: HMO Conversion
Loan Amount: £672,000
Term: 12 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes

Loan Snap Shot

Loan Overview

Funds are required to convert the property into 13 residential dwellings. Having previously funded the purchase of the property Mint Bridging are now facilitating the development loan over a term of 12 months.

Peckham

Purpose of Loan: Development Refinance
Loan Amount: £1.19M
Term: 6 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes

Loan Snap Shot

Loan Overview

The Borrower is looking to refinance the current 1st charge and release equity for the purchase of the neighbouring Property

Liverpool

Purpose of Loan: Purchase & HMO Development
Loan Amount: £305,000
Term: 12 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes

Loan Snap Shot

Loan Overview

Funds required to purchase a residential property for conversion into an 11 bedroom HMO. The Borrower was looking to secure funds prior to planning permission being granted to expedite the project once approved.

2019 was Mint’s biggest lending year yet with millions loaned for developments all over the UK. Here we’ve picked just a few of our best deals from December:

Development Examples

Peckham

Purpose of Loan: Development Refinance
Loan Amount: £1.19M
Term: 6 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes
Loan Snap Shot



Case Details

The Borrower is looking to refinance the current 1st charge and release equity for the purchase of a neighbouring property.

Liverpool

Purpose of Loan: Purchasem & HMO Conversion

Loan Amount: £305,000
Term: 12 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes
Loan Snap Shot

Case Details

Funds required to purchase a residential property for conversion into an 11 bedroom HMO. The Borrower was looking to secure funds prior to planning permission being granted to expedite the project once approved.


Loan Eligibility & Rate Check

By using this form you agree with the storage and handling of your data by this website.


Outdated Browser

Viewing this page in IE Browser:
Click Here