PFN Finance has been arranging property development finance for a range of clients from first time developers to experienced building companies covering both residential and commercial projects as well as refurbishments and conversions. Over time, we have built up a network of lenders including high street banks to specialist development lenders therefore providing a wide range of products and varying levels of finance. This is very much dependant on both your requirements and the characteristics of each project.
In all situations we prepare a detailed appraisal of the project to be presented to the lender, we work with you from the initial approach to completion of the project. Lending is normally on an interest only basis with this either being covered during the development or allowed for within the loan facility on an interest roll up basis. Funds usually being drawn in stage drawdowns.
- New Build development projects
- Property Conversions
- Property Refurbishment projects
- Residential developments
- Commercial developments
- Mixed use developments
- Interest roll up options
- Stage payment releases to reduce cost
- Panel of lenders