how we help
Development Finance Get your new build or renovation project off the ground with the right finance Whether you’re a first-time property developer or a seasoned professional, you’ll need the best advice to get the right short-term finance in place for your property build or renovation.
Commercial finance can be used for: • New builds • Conversions • Refurbishments • Residential developments • Commercial developments
How we can help Lowest rates Decision in hours Rapid funding Up to 100% From £100k - £1bn No geo restrictions Flexible terms The financial conduct authority does not regulate some forms of commercial lending
www.cornerstonefinance.co.uk
Got a question? Call 029 2166 0550 today
How it works - To obtain planning consent Bridge on land or an alternative property to allow the client to purchase the land and obtain full planning consent.
Once planning is granted this can then be flipped onto full development finance depending on the value of the build/GDV
How it works - Development (<ÂŁ250,000) Development finance to assist with the build of a small scale development project. Ability to release up to 65% Gross on Day 1 to assist with the purchase or Stage 1 of the build if the land is currently unencumbered. Staged draw-downs for the further loan draw-downs depending on the increased value, subject to the Gross Loan not exceeding 65% of the value of the development site. Additional security can be provided to assist and allow greater draw down values.
How it works - Development (>ÂŁ250,000) Development finance to assist with the build of a small scale development project. Ability to release up to 65% Gross on Day 1 to assist with the purchase or Stage 1 of the build if the land is currently unencumbered. Staged draw-downs for the further loan draw-downs depending on the increased value, subject to the Gross Loan not exceeding 65% of the value of the development site. Additional security can be provided to assist and allow greater draw down values.
Got a question? Call 029 2166 0550 today
www.cornerstonefinance.co.uk
Looking for more information? Talk to our experts today!
Get in touch Unit F, Upper Boat Business Centre, Pontypridd, CF37 5BP 029 2166 0550 info@cornerstonefinance.co.uk www.cornerstonefinance.co.uk
Cornerstone Finance is a trading name of Cornerstone Loans Ltd Registered in England & Wales No 08458702. Registered address: Unit F, Upper Boat Business Centre, Pontypridd CF37 5BP. Cornerstone Loans Ltd is authorised and regulated by the Financial Conduct Authority. FCA number: 767202.