AZUR PROPERTY

Development Finance. Targeting EPC Rating of A

 

Please see narrative below and note the interest difference of 2% is rebated upon completion making this a completive scheme

 

So this may be of interest.

 

Targeting flats and houses between £150k-£1.25m a piece, in liquid locations and for good developers.

We can leverage up to 70% LTGDV so have capacity to offer aggressive leverage for the right scheme.

 

At the tail end of last year we launched a new product alongside Homes England, specifically targeting more energy efficient and greener homes. We can give developers a 2% discount on their interest rate if they deliver an EPC rating of A. This means we could offer 70% leverage at effective rates of 5.5%, unheard of in this market.

​

Development

Loan Size From £2m

Arrangement Fee 1%

Interest Rate 6.5% - 7.5% PA

Exit fee 2% of the Facility

Day 1 LTV 70%

Max LTC 85%

Max LTGDV 70%