Queen Anne Street Capital provides loan facilities secured by a charge on the property.
We look at sites within 150 miles or two hours travel time of Central London, either with planning consent or clear development potential for new-build, refurbishment or conversion.
Loan size is usually between £1m and £10m and is designed to cover 50-60% of the purchase price and 100% of development costs. This will normally be subject to an overall limit of 80-90% of total costs and 65-70% of gross development value.
Planning or valuation gain may be considered as equity and higher loan to value limits may be available with additional security.
During construction, stage payments are normally made within 24 hours of inspection or receipt of the monitoring surveyor’s report.
Queen Anne Street Capital is a provider of unregulated business loans to corporate entities and private individuals.These loans do not have the benefit of the protection and remedies that would be available to a consumer in the context of a non-business loan. We are not able to offer facilities for private residential development intended for owner-occupation by the borrower. Business loans will be secured on relevant assets that may be at risk in the event of the loan being in default. A property asset may be repossessed if repayments are not kept up on a loan or other asset secured on it. If you need advice on any of these matters, or you are in any doubt as to the consequences of taking out a loan, you should seek independent advice from an appropriately qualified professional.
Please contact us with details of your project and funding requirement.
58 Queen Anne Street