October’s Development Funding Overview

Loan Funding Check

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Mint has had an exciting period of growth in October and to further underline our flexibility we have taken small a 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 :

Example Development Loans

Dave's Case

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



Case Details

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.

Sethwick

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

Case Details

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.