Moody Venture Capital LLP provides property development finance for residential property development schemes, within a significant area of the UK where housebuilding planning has been obtained for new build construction projects.
We will provide up to 65% against Gross Development Value which would normally equate to 80%+ of the costs involved in the property development project – dependent upon margins. There are many areas of the country where we will offer property development loans. Although London, Essex, Kent, Surrey, Sussex and the Home Counties are our preferred area of housebuilding development finance.
Lending rates are scaled according to the percentage required by the housebuilder/property developer. Bridging loans and mezzanine finance may be considered in certain circumstances for residential property development finance.
We have a straight forward operational structure where all evaluations and decisions are made in-house. We take a flexible approach to property development finance and would typically offer an in principle decision within 48 hours. Please contact our property lending team for more details