Do you require 100% funding for your next development?
Hamilton Brown can now offer an innovative joint venture solution for our housebuilder and developer clients. By fully funding your project including all land, build, soft costs and SDLT, we can ensure you maximise profits that might otherwise be lost.
Alongside our trusted partner, we look after all the pre and post contract work, allowing you to focus on the development and still take the majority share of profit. This is a true one-stop-shop solution. One set of legal fees, one relationship and one monitoring surveyor. All costs amalgamated into one with real savings for you.
Features
- Land & development costs 100% fully funded
- You share the profits with the funder – typically 60% in your favour
- The funder will set up a new ‘SPV’ for the project, removing admin hassle for you
- The partnership is contracted to protect your profit & interests
- You remain in control of the project with the funding partner acting in an advisory capacity as needed
Funding criteria
- Experience in residential development with a demonstrable track record
- Full planning permission in place
- Projects are up to 24 months duration
- Multi-unit residential new build or conversions
- The GDV is between £2-15M
- Maximum single end-unit value of £750k
For more information on this finance product simply complete the contact us form and our team will be in touch.