Commercial Development
Anglo Irish Bank UK has established a strong track record on this type of project finance. We lend to a diverse spread of developers, many of whom view us as a partner more than as a 'funder'.
We bring a flexible and entrepreneurial view to assist you in refurbishment or new build.
Funding is available for land acquisition, construction and professional fees on pre-let (or substantially pre-let) schemes, or where there is a committed pre-sale. Finance costs are rolled up through the construction period to practical completion.
We do not consider high loan to value non-recourse financing, but subject to the nature of the scheme we can provide a reasonable percentage of the total scheme cost.
CASE STUDIES
Guildford
- A two phase 10.5m development facility
- 84,000sq.ft mixed use scheme
- The facility enabled part pre-let, part pre-sold and part speculative
- 80% costs
City
- 75% funding of pre-let retail and office flag ship headquarter development
- Converted to a long term investment loan on completion
- Hedged 100%
Talk to Us
If you wish to EXPERIENCE THE DIFFERENCE, and discover how Anglo Irish bank can help you please contact
Richard Colclough
Tel: +44 (0) 20 7710 7011
Email propertyfinance@angloirishbank.co.uk