What type of Property Development finance can SWBF source?
SWBF can find finance for single unit builds through to major mixed-use sites. These include residential homes, commercial properties, industrial warehouses and student accommodation.
We can find funding up to as high as 90% of cost and even in some cases 100% where mezzanine or equity top up is required.
If you have little or no experience, employ the relative professionals to support you, for example, architects, project managers, professional builders. You will also need to show that you have the funds to support the contribution needed, either cash or land owned outright.
What is needed to progress a funding request?
- ✔ Purchase price or current value of property if owned
- ✔ A breakdown of your build/conversion/renovation costs
- ✔ Expected completion time and value
- ✔ Level of contingency
- ✔ Full breakdown of the costing of the project
- ✔ CV of experience particularly in property development
- ✔ Copy of planning application/permission
- ✔ Building regulations/warranties
Through our vast experience we have a large array of development lenders who can give you the flexibility you need for your development.
Some of these lenders have given us direct access to underwriters and in some cases we are the preferred broker, which enables us to get a swift response.
You will need to ideally demonstrate that you have a track record and experience in developing property in Bath, Bristol or anywhere in the South West.
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Since the beginning of 2018 we have had an association with Zoe Morgan of South West Business Finance. For us it has proved to be an outstandingly successful relationship as together with Zoe’s vast knowledge and contacts within the financial lending industry we have been…
South West Business Finance (SWBF) guided us throughout the process adding and securing the correct financial product for our development , allowing us to decide the best deal from a range of lenders they have available. The professionalism was second to none throughout, even when…
The service from Zoe at SWBF was great. We purchased a HMO from auction with a complex long term lease in place. Zoe guided us through the bridging finance to ensure we could complete within the 6 weeks. Zoe became an essential point of contact,…
Thank you for assisting Essential 6 Ltd in negotiating a commercial mortgage with favourable rates enabling us to successfully complete on our new business premises. The guidance and commercial acumen that you provided was sound and greatly assisted us in the process.
I am so pleased that I decided to speak with you before starting my search for a lifestyle change. I had always thought I would like to run my own business and after many months and considerable research I decided that a B&B business would…
It was an absolute pleasure working with SWBF and we would highly recommend them to other companies seeking development finance. We were introduced to this amazing company after several stressful years of expensive failures trying to obtain funding on a development site with other agents.…
SWBF assisted one of my clients with raising finance. The team suggested a cost effective solution, and the finance was put in place with a very quick turnaround. There was regular and timely communication throughout, and personal service. I would not hesitate to recommend them.…
“Excellent Service across the board! SWBF have gone above and beyond to help us secure the best value finance available. They’ve secured us various financial products including: New Build Development Finance >£1m-£5m range Portfolio Finance >£1m A great team, with tried and tested experience from…
I consider your service to be excellent and will certainly use you again/ endorse to fellow colleagues.
You have been absolutely marvellous and thank you for helping me through this process. I will recommend you highly to anyone that needs your services.
We have recently completed the redevelopment of a 1 retail acre site and SWBF assisted us during the process giving us good advice and raising cost effective finance which importantly met our requirements. The team has extensive knowledge of the banking and finance industry and…
As a company involved in the acquisition of complex mixed use residential and commercial residential properties in Bath and the wider South West region, we require bespoke and occasionally complex finance Solutions to enable and support our progressive listed building purchases. SWBF provide insightful, esoteric…