Charterbank Development Finance

Development & Refurbishment Finance

Property development finance and refurbishment finance is available to sole traders, limited companies, llp’s and private individuals. Funding is made on a non-status, self cert basis and is available across the entire South West and Southern half of the UK.

Flexible loan terms from 1 – 12 months are available and come complete with no monthly interest payments, no up front fees, no exit fees or early repayment penalties. Applications are welcomed from developers of all levels of experience. First time developers are accepted provided a suitable professional team has been appointed.

Our tailored property development finance products are available for small new build sites, property conversions and extensive refurbishment projects. Loans are bespoke to suit the needs of you or your client.

50 – 60% of the site/property value can be advanced immediately with additional stage payments available throughout the build. Products are available to fund up to 100% of the development costs.

Stage payments are pre-determined at offer stage however can be varied if the build programe alters. Payments are typically made within 12-24h working hours of the in-house site inspection having been carried out and are made without the need for a Quantity Surveyor.

No specific Warranty / PCC provider is imposed leaving the developer free to choose the provider that best suits their needs.

Charterbank is dedicated to providing an exceptionally high level of service and is renowned for its speed, integrity and reliability in the industry. The management team enjoy a wealth property, development and commercial finance experience.

The company has a particular appetite for funding small scale developments of  1 – 5 units, single plots, refurbishments and auction purchases. We also specialise in funding part built/unfinished projects together with loans secured against land and commercial property with or without planning permission.

Typically loans range from £30,000 – £350,000/£400,000 with larger requirements considered on a case by case basis.

  • Products from 1 -12 months
    Products from 1 -12 months
  • Immediate decisions
    Immediate decisions
  • Up to 65% LTV
    Up to 65% LTV
  • Ltd Companies accepted
    Ltd Companies accepted
  • Self cert non status loans
    Self cert non status loans
  • No monthly interest payments
    No monthly interest payments
  • No up front fees
    No up front fees
  • No exit fees
    No exit fees
  • No penalties
    No penalties
  • No red tape
    No red tape
Products from 1 -12 months
Immediate decisions
Up to 65% LTV
Ltd Companies accepted
Self cert non status loans
No monthly interest payments
No up front fees
No exit fees
No penalties
No red tape

Not looking for Development Finance?

Other common loan scenarios include:

  • Property refurbishment finance
  • Non-status term finance for high yielding investment property
  • Raise funds against existing property or portfolio
  • Finance for auction purchase
  • Cash buy in fast timescale
  • Loan to purchase property not suitable for mortgage
  • Business finance for cash flow or expansion

Find out more information on common loan scenarios.

If you are looking to apply for development finance, 5 year term finance, auction finance a bridging loan, farm & land finance, business or commercial finance, contact us for an informal discussion about your loan requirements.

Your service to the client and progress updates were excellent, thanks very much."