Graduating to Development: The First-Time Flipper
You've done the simple Buy-to-Let. Now you're ready for heavy refurbishments, title splits, or a small HMO. We provide the capital and the structural protection to ensure your first development is a success.
Breaking Through the 'Vanilla' Ceiling
You've successfully purchased a standard Buy-to-Let. It's tenanted and performing well. But you've realized that the true wealth in property isn't made in the 5% yields—it's made in forced appreciation. It's time to take on a project.
The Fear of Overruns and Funding Gaps
Moving from a standard mortgage to a bridging loan for a heavy refurbishment is intimidating. What if the project runs over time? What if the bridging lender calls in the loan? What if you run out of cash halfway through the build?
Protected Development Finance
We don't just broker loans; we engineer safety nets. When arranging your first development facility, we ensure:
- Built-In Contingencies: We stress-test your numbers and ensure the lender provides a 10-15% cost overrun facility so you never run out of cash.
- Realistic Terms: We never put you on a hyper-aggressive 6-month bridge if the build realistically takes 5. We secure 12-18 month facilities to give you breathing room.
- The 'Exit' Guarantee: A bridge is only as good as its exit. Before we secure the short-term development finance, we already have your long-term commercial remortgage (the exit) lined up and approved in principle.