Development Funding

Minimum Purchase/ Valuation of property acceptable
£500k

Maximum Loan
75% of Val or purchase price which ever is the lower plus 75% of the cost of the build and the legals involved

What if the 25% is borrowed from another source
BOS will still consider. In effect the applicant funds 100% of the build

Arrangement Fee
1% of the loan borrowed

Exit / Penalty Fee
1% of the loan borrowed

Interest Rate
Between 1.75% and 2% dependent on the strength of the deal