HEATHWALL FINANCE
A personal and tailored approach to your residential development funding needs.
Heathwall Finance is a funding broker, linking residential property developers and land owners to the best finance solutions to meet their individual needs.
As a part of Heathwall Consulting, a property development consultancy, we understand what developers need; we speak your language.
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Bridging.
Sometimes you need to move quickly to secure a purchase or refinance an existing facility. A bridging loan can be the solution to tide you over and keep things moving in the right direction.
Key Features:
_ Purchase, refinance & build
_ Terms from 1 month
_ Loans up to 75% of asset value
_ Rates from 0.55% pcm
_ Quick turn-around -
Senior Debt.
From traditional development borrowing to larger stretched senior products, this is the most common solution to funding property developments of all shapes and sizes.
Key Features:
_ New build, conversions and refurbs
_ Terms of 12 - 48 months
_ Loans up to 75% of GDV / 90% of cost
_ Rates from 4% pa
_ 1st charge security -
Mezzanine.
For developers that need to top up a short fall of senior debt, cover increased build costs or want to release a bit of equity for other projects, mezzanine funding can top up a project’s finances.
Key Features:
_ New build, conversions and refurbs
_ Terms from 3 months
_ Loans up to 90% of costs
_ Rates from 8% pcm
_ 2nd charge security -
Forward Fund.
Where a developer has a large number of units and wants to sell to a single PRS investor, forward funding can be an attractive option. The purchaser funds the build, taking ownership when complete.
Key Features:
_ Apartment and housing schemes
_ Build program from 12 - 48 months
_ Covers all costs and developers margin
_ 40 units plus
_ 5% Gross yield
Get in touch.
If you would like to speak to us please fill out the contact form and we will give you a call back.
Alternatively you can call us on 020 3963 5247 or
email us at finance@heathwall.co.uk
Address:
Heathwall
Tintagel House
92 Albert Embankment
London
SE1 7TY