DEVELOPMENT FINANCE PRODUCT GUIDE
TAILORED LENDING TRUSTED PARTNER CapitalRise has been providing specialist finance for experienced borrowers since 2016. Being founded by prime property developers means that we possess extensive experience and deep expertise in high-end Development Finance. We are the lender built by developers.
LOWER FINANCING COSTS Can offer lower rates than traditional sources of capital
BEST IN CLASS SERVICE We value long-term relationships
FAST DECISION MAKING Receive terms within at least 48 hours
TAILORED SOLUTIONS Flexible terms and can fund complex projects
LENDING CRITERIA Our flexible Development Finance is suitable for ground-up, airspace, and finish and exit development projects – and more. CapitalRise’s Development Finance is also complemented by our Refurbishment and Bridging Finance, providing end-to-end support across the entire project lifecycle. Below is our typical lending criteria. However, we appreciate that every development is unique, so speak to the team to explore custom-made solutions for projects outside these parameters. DEVELOPMENT FINANCE Rates From
From 5.75% (over BoE base rate)
Loan Size
£1m–£20m
LTC
Up to 85%
LTGDV
Up to 70%
Term Length
Max. 36 months
Locations
England & Wales
Fees
From 1% arrangement fee 1% exit fee
CASE STUDIES:
DEVELOPMENT FINANCE WENTWORTH ESTATE
SLOANE SQUARE
EPPING FOREST
VIRGINIA WATER
CHELSEA
ESSEX
Previous project by Borrower
Loan Type: Ground-Up Loan Amount: £8.5m LTV at Exit: 61%
Loan Type: Airspace
Loan Type: Ground-Up
Loan Amount: £6.4m
Loan Amount: £2.3m
LTV at Exit: 68%
LTV at Exit: 61%
OVER ALDERLEY
THE COTSWOLDS
ASCOT
CHESHIRE
OXFORDSHIRE
BERKSHIRE
Loan Type: Ground-Up / Part-Built
Loan Type: Ground-Up
Loan Amount: £1.4m
Loan Amount: £2.3m
Loan Type: Ground-Up
LTV at Exit: 68%
LTV at Exit: 57%
Loan Amount: £8.3m LTV at Exit: 67%
WHO CAN WE LEND TO? CapitalRise provides specialist, end-to-end finance for a variety of high-end property projects. We look for projects with compelling business plans, situated in strong locations with demonstrable demand, and led by experienced borrowers.* We can provide loans for commercial purposes to property developers and investors, but we do not provide regulated mortgages against a primary residence. While our focus has historically been on residential real estate in Prime Central London and the South East – an area of continued specialism – we have expanded our lending in recent years to support a wider range of asset classes and locations across England and Wales.
* Borrowers should typically be able to evidence at least three successfully completed and comparable schemes. Less experienced borrowers may be considered on a case-by-case basis.
GET IN TOUCH borrow@capitalrise.com 0203 869 2619 www.capitalrise.com/borrow 33 Cavendish Square, London, W1G 0PW