Our Stretched Senior finance provides significantly higher leverage than traditional senior lenders, enabling developers to spread their equity across a great number of schemes.
- Loan sizes from £5m – £50m
- 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.