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Tuscan Capital has launched a new-look refurbishment finance facility, further expanding its range of property finance products.
The facility has been introduced after the Lender secured an additional funding line. The product offers up to 100% of build costs and 70% of the purchase price, with pricing starting at 0.48% per month over Bank Rate. Loans are available for both light- and medium-scale residential projects, up to a maximum of £1.5 million with terms of up to 18 months secured on projects in England and Wales.
Colin Sanders, CEO of Tuscan Capital, said: "The fact we can assess, underwrite and handle the drawdown process in-house will deliver greater confidence to developers and brokers alike.”
Call Trinity Specialist Finance to secure funding for a development and get a full assessment of the specialist market on 020 7016 6151 or book a consultation
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