October’s Development Funding Overview


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Mint has had an exciting period of growth in October and to further underline our flexibility we have taken a small snap shot of a few of the development loans issued from the millions released in funding this month. If you are looking for a development loan for your own development or on behalf of a client then submit your enquiry today to check your rates and receive an agreement in principle :

Development Examples

High Wycombe

Purpose of Loan: Property Development
Loan Amount: £458,000
Term: 9 Months
Security: Land & Assets
Agreement In Principle: Within 60 Minutes

More Info

Loan Overview

Mint was approached by a broker who needed to secure funds to undertake a development to convert commercial premises into a 7 bed HMO. With planning approved the developer was keen to get funding quickly in place.

Smethwick

Purpose of Loan: Commercial Development
Loan Amount: £728,000
Term: 12 Months
Security: Land & Assets
Agreement In Principle: Within 60 Minutes

More Info

Loan Overview

The developer is undertaking a ground up development of 3 retail units with each having a residential flat above the ground floor unit. Mint were able to complete all valuations and asset management extremly quickly to expedite the developers drawdown time.

Northampton

Purpose of Loan: Commercial & Residential Development
Loan Amount: £335,000
Term: 10 Months
Security: 1st & 2nd Charge
Agreement In Principle: Within 60 Minutes

More Info

Loan Overview

The borrowers are converting the existing retial premises from one to two units and developing 3 residential properties above the retail space. Mint were approached to fund works and to refinance their existing commercial mortgage with a high street lender.

Swansea

Purpose of Loan: HMO Development
Loan Amount: £165,000
Term: 9 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes

More Info

Loan Overview

The borrower has purchased a former commercial prmises in Swansea and is converting this into a 7 bed HMO now that the planning has been approved.

Mint has had an exciting period of growth in October and to further underline our flexibility we have taken a small snap shot of a few of the development loans issued from the millions released in funding this month. If you are looking for a development loan for your own development or on behalf of a client then submit your enquiry today to check your rates and receive an agreement in principle :

Development Examples

High Wycombe

Purpose of Loan: Property Development

Purpose of Loan: Property Development
Loan Amount: £458,000
Term: 9 Months
Security: Land & Assets
Agreement In Principle: Within 60 Minutes
Loan Snap Shot



Case Details

Flexibility Was Key

Mint was approached by a broker who needed to secure funds to undertake a development to convert commercial premises into a 7 bed HMO. With planning approved the developer was keen to get funding quickly in place.

Smethwick

Purpose of Loan: Commercial Development
Loan Amount: £728,000
Term: 12 Months
Security: Land & Assets
Agreement In Principle: Within 60 Minutes
Loan Snap Shot

Case Details

Day 1 Drawdown Significance

The developer is undertaking a ground up development of 3 retail units with each having a residential flat above the ground floor unit. Mint were able to complete all valuations and asset management extremly quickly to expedite the developers drawdown time.


Submit A Funding Enquiry

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


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