Our product of the month this month, is the development loan from Pivot Finance, which can be granted on commercial property for residential conversion based on the ‘hope value’ of the security. This is the value of the property once planning permission for residential use has been granted.
It is available to experienced developers with a track record of gaining planning permission.
- Up to 85% of the current market value
- Up to 65% of the hope value
- Terms up to 15 months
READ MORE about the client scenarios we’re able to assist you with