Semi Commercial Developer Exit Finance
Case Overview
Montpelier Private Finance achieved terms at 68% net (interest rolled up above this) for a developer exit loan, secured against a semi commercial asset in London. Priced at an extremely attractive 0.65% per month and on a cumulative/break up value basis, despite leases not being created on/before completion. There was a shortfall in the level of funds required to settle the development finance lender but these were achieved by way of a 2nd charge (for business purposes) against the borrowers home, once again at the 0.65% per month. We were delighted to work with such a proactive can-do approach lender.
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Montpelier Private Finance has full market access meaning that we are able to procure funding for a wide variety of funding requirements including complex cases. Get in touch if you have a case you wish to discuss.
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Bridging Finance Funding Solutions
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Auction finance available
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All assets welcome
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1st, 2nd and 3rd charge loans
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Non status/credit impaired welcome
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Terms from 1-36 months
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Residential bridging up to 85% LTV
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Semi-commercial & commercial bridging up to 75% LTV
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Land with planning up to 70% LTV
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No monthly payments
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Interest deducted from the loan, serviced monthly or rolled up