We have a highly experienced team, with many years’ experience specialising in residential development lending.
Loan sizes from £8m+
Up to 90% Loan to Cost (excluding rolled up interest) and 80% Loan to Value (including rolled up interest)
We will consider locations across the UK and we will lend on any type of residential development.
Fast turnaround with terms issued within 48 hours
Pluto Finance is a principal lender, not an intermediary
Loan secured by first legal charge on the development site
Pricing depends on the leverage level and may be expressed as a simple interest rate or interest rate plus fees depending on the project.
Loan sizes from £8m+
Up to 70% Loan to Cost and 60% Loan to Value (including rolled up interest)
We will consider locations in London and the south east, which are residential or residential-led
Fast turnaround with terms issued within 48 hours
Pluto Finance is a principal lender, not an intermediary
Loan secured by first legal charge on the development site
Experienced developers only
Maximum 30 month term
Pricing depends on the leverage level and may be expressed as a simple interest rate or interest rate plus fees depending on the project.
Loan sizes from £1m – £30m
Up to 72% Loan to Value (including rolled up interest)
Loan terms of 3 – 12 months
We will consider locations in London and the South East
All asset classes considered – land, commercial and residential
We consider potential development sites as well as refinancing completed units
Fast turnaround with terms issued within 48 hours
Pluto Finance is a principal lender, not an intermediary
Loan secured by first legal charge on the site
Loan size: £5m – £50m
LTV up to 65%
Fixed 10 year term loans
Up to 5 years interest only period negotiable
Pricing from 225 bps plus relevant swap rate
All reasonable economic centres throughout England and Wales looked at
Loans secured against unbroken blocks with option for retail / commercial to be included
To have the backing of a no-nonsense funding partner, such as Pluto Finance, with a quick turnaround, enables our team to deliver much needed new homes in the Milton Keynes area and further afield.
Paul Newman New Homes
We have a number of live development loans with Pluto Finance. They continue to offer a market-leading combination of pricing and pragmatism and we are very pleased to extend our cooperation to our new Leyton project.
Galliard Homes
Pluto Finance (UK) LLP 9 Berkeley Street London, W1J 8DW
© 2019 Pluto Finance (UK) The material provided in this website is for information only and does not constitute an offer to sell or the solicitation of any offer to buy interests in any Pluto Finance advised fund nor should it be construed as investment advice or as a recommendation of any investment services.
To view our privacy policy click here
