23 September 2021

CrowdProperty has launched a new product to support developers who wish to secure a development prior to receiving planning permission.

The finance can be used for a range of projects, with a focus on conversions of existing assets to residential use.

The product is even available to developers with limited experience provided they work with an experienced team.

  • Loans between £100,000 & £5m
  • Terms: 6-24 months
  • No exit fees
  • Max LTV: 60%

Once planning consent has been granted, the facility will be converted into a development loan.

We’re always a fan of forward- thinking initiatives that support SME developers and this product gets a big thumbs up from Propp.