Intermediate Development Finance | Octopus Property

Property development finance

Light development loans

8.0
%
fixed rate (pa)
85
%
max LTC
70
%
max LTGDV
Some lenders won’t provide loans on small development schemes. Not us. We can help with ‘light’ development projects ranging anywhere from two houses to a Permitted Development conversion. We offer an intermediate development product for projects with build costs between £0.5m and £1.5m. These schemes do not always require the same level of monitoring as a larger scheme, so we consider light touch Quantity Surveyor monitoring.
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How we’ve helped our clients
Financing your property portfolio
Why Octopus Property?
Experience
We launched our first ever product in 2009 and we quickly became known for our competitive bridging products. Since then, we have diversified our product range and we are always striving to improve our offering in response to the changing market.
Certainty
Every property is unique and no two borrowers are the same. So we make every loan unique too, designing the product around you, moving fast to meet complex needs.
Personal approach
We are property people, not bankers, and work with an instinctive understanding of the needs of landlords, developers and property investors alike.
Flexibility
Strong funding lines allow us to consider most transactions that are presented to us, while we have the flexibility to work quickly and the range to do deals right across the UK.