We will lend up to 75% LTV, terms and rates are set on a deal by deal basis.
We are able to lend on both first and second charges.
Our development finance loans are geared for new build, conversions and refurbishments.
We typically lend between £100,000 and £2.5million, extending this to £5million if needed.
We lend our own money, offer terms on a deal by deal basis and you can be assured of dealing directly with an underwriter.
If you are an experienced property developer or an intermediary looking for funding for your client, we may be the right lender for you.
We can consider commercial and residential development projects.
Having financed a few projects so far with Nick I am always very happy to use him. He’s fast, extremely reliable and you always get straight answers which isn’t a given with others. He also offers a brokering service and his experience and ability to perform really shine through. Thoroughly recommend!
Sammy A, Broker
Nick Young has always delivered on my projects, for both residential development and funding for my hotels. I happily recommend fellow business owners to Nick and B Y Loans for their funding needs.
LB, Property Entrepreneur
I never have any hesitation bringing borrowers to Nick; B Y Loans always make sure that every case is assessed quickly and on an individual basis. They have been incredibly easy and professional to work alongside with.
Neil H, Broker