We work with an array of financiers that can help you in achieving your goals. The bridging marketplace is dynamic and constantly changing. Here at nu: 1 Capital we strive to bring to our clients the very best terms to suit their circumstances.
Development finance can be used by property developers to fund a wide variety of building projects. It is different from a bridging loan in that the lender can advance up to 70% to purchase the site and up to 100% towards the construction costs.
The construction costs are advanced in stages over the duration of the project. Most lenders work closely with the developer in order to maximize the potential profits form the project.
Here at nu: 1 Capital, we have access to specialist development funders that are looking to work with developers, including first time developers.