Property Development Funding

Property Development Funding is a funding package designed to assist organisations with the redevelopment of exisitng or the construction of new premises.

The loan is paid out at different stages of construction, in line with your needs, which often includes covering grant claims and VAT rebates. This also ensures that costs to your organisation are minimised.

There is also an option for interest to be rolled up* during the construction phase where no interest and no loan repayments are due until the property is completed.

*E.g. If a property takes 6 months to build, the interest charge for the 6 months is added to the mortgage and repaid over the agreed term.

For more information on Property Development Funding:

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Mike Sherriff,
Islington Voluntary Action Council