No deposit Property Development Finance

Do you have the opportunity to take on a property development project but lack finance to get started?

Are your finances already accounted for in other development projects which are restricting your opportunity to take advantage of new and profitable development opportunities?

The Diverse Finance Company has access to lenders who take a very different approach to Property Development Finance. 
Most High Street lenders will need at the very least a 30% deposit towards the purchase and an additional 30% towards the development costs. 

However, depending on each unique project, it is possible to raise 100% of the purchase price as well as 100% of the development costs, meaning NO DEPOSIT PROPERTY DEVELOPMENT FINANCE.

There are a number of factors that can assist with this type of development opportunity:
• Negotiate the purchase price of the site to below it’s actual market value
• Add value to the site by adding to or reconfiguring the available living space
• Convert existing site to increase value i.e. house to flats or vise versa
• Obtain planning permission after purchase to increase or reconfigure the space
• Prove that the completed end value (gross development value) will have profit (equity) locked into the project after the build costs have been accounted for – have the future plans valued by a qualified surveyor.

If it is difficult to prove the projected end value but you are convinced by the opportunity it still may be possible to obtain the finance by offering additional security to reduce the risk to the lender.

To discuss how No Deposit Property Development Finance could assist you in taking advantage of your property development opportunity please call free on 0800 012 2092

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