Property Development Finance
Millbank Finance Ltd specialize in property development finance designed to support small, medium and large scale property developers and investors in acquiring, developing, and building properties. We can assist by ensuring you obtain the necessary capital to cover the costs associated with various stages of a property development project, from land acquisition to construction and eventual sale or rental of the developed properties.
We have an unrivalled portfolio of lenders with a wide range of mortgages or loans available to suit your individual circumstances.
Millbank Finance Ltd can help ensure best suited lenders provide a range of tailored loans or mortgages, which will help to support your specific project. the best funding package.
Type of Projects we help fund
Whatever type of development project you are working on we can ensure you obtain the best financial support to allow you to grow including:
Commercial developments
Retail units and offices
Housing developments – Houses and flats
Part-completed developments
Holiday accommodation
Conversions – Residential and Commercial
Lenders typically work to the gross development value which is the end value of the development when it is completed and any funding agreed will be a percentage of this figure. Millbank Finance Ltd can work with you to ensure lenders can provide the funds for:
Purchase of the Land purchase and development costs
Stage draw down of development
100% funding (with additional security)
Interest roll up – payments due at development is complete
Arrangement fees added to the loan
Flexible loan terms
