Property development is a continually evolving industry that is sensitive to sudden shifts in economic climate. This is why it is fundamental to ensure that you get the right financial advice and guidance from the very beginning. Whether you have 100% pre-sales or none at all, Iconiq Finance is the lending consultant and broker you need.
How do they work?
Understanding Development Loans
Property development finance is a loan that can help you fund construction of more than one property on one title. Most banks and lenders split property development into two parts, and both have very different approval processes, fees and charges, interest rates and risk assessments. These are: