8am - 9pm 7 days a week | Call 0203 651 5053 | sales@belgraviapropertyfinance.co.uk

Mezzanine Finance

Belgravia Property Finance provide Mezzanine Development Finance up to 90% of project costs for UK and London property development projects.

Belgravia Property Finance work closely with providers of Mezzanine Finance for all types of property development projects as well as trading companies. Mezzanine Finance is secondary debt finance and sits behind senior debt normally at a level up to 80%-90% Loan To project Cost (LTC), normally this loan to value is calculated based on project costs (development finance) or a valuation of assets and/or revenue of the company for a trading business.

—————————————————————————

Focus Product

One of our favourite products, this low-rate mezzanine product is aimed at experienced property developers and for prime residential and commercial property for loan terms of up to 36 months.

Loans range from £750,000-20m up to 75% LTV with rolled up or serviced interest.

13% pa up to 65% LTV (GDV)
14% pa up to 70% LTV (GDV)
15% pa up to 75% LTV (GDV)

There is also a 1% arrangement, broker fee and exit fee on each loan.

—————————————————————————

Our UK Mezzanine Finance providers range from large and medium size property focused funds to discretionary funds and private banks.

  • Loan sizes: £100,000 – £50,000,000+
  • Residential, commercial or mixed use developments – New build or refurbishment developments
  • Loan to Value 70-90% of project costs (LTC) – Normally subject to a maximum of 70% of GDV
  • Secured against real estate assets
  • New loans or refinancing existing debt – Straightforward or complex structures

Recently offered terms;

1) Care Home Mezzanine Finance
Large UK care home group seeking expansion capital to buy new care home, terms offered – £10m over 5 years, 6% per annum with a 5% charge on redemption of the loan at any time.

2) Property development Mezzanine Finance
20% of total project costs as secondary debt behind senior funding of 65% of costs taking the loan to cost to 80%. Annual rate of funds on drawdown basis 15% with 1% lender arrangement fee. Term 18 months.

We also offer Development Loans, Bridging Loans and Mortgages, For further information on any of the products that we offer, or to discuss your funding requirements please contact us on;

0203 651 5053 or finance@belgraviapf.co.uk

 

 

 

Call Us Now