Residential Joint Venture Funding

Make your plans a reality. 

Our unique Joint Venture product offers up to 95% of cost funding enabling developers with more opportunities than capital to turn plans into reality.

Utilising the vast industry knowledge of our team who collectively have over 60 year’s experience in the property sector, Peritus has a proven track record of successfully delivering financial solutions to Property Developers.

With an attractive 95% loan to cost (subject to 75% GDV) the product is available to Property Developers in London and the South East, as well as select major cities in the UK.

 

Preferred location

  • Greater London, South East, Midlands and key cities in England; 
  • The developments will usually be new build properties or material conversions (PDR); 
  • Finished properties will typically have unit capital values between £200,000 – £1 million. 

Funding specification 

  • Joint Venture provides up to 95% LTC (75% of GDV), whichever is lower; 
  • Competitive profit shares of up to 70% in favour of the Developer with low hurdle rates of return; 
  • Minimum JV size of £1 million up to a maximum of £6 million commitment, with a maximum GDV size of £8 million 
  • Typical loan terms of 12 to 18 months. 

Developer criteria 

  • We require our development partners to be appropriately experienced;
  • Development partners must have a demonstrable track record; 
  • We require the appointed contractor to be of an appropriate financial covenant; 
  • We aim to provide an initial response within 48 hours. 

 

Case Study 

Read all about the recently completed Barker Building 

 

Talk to us today about how we can help you. Call 0203 745 5892 

 

 

 

We’d love to hear from you!

Send us a message today and our team of friendly, financial advisers will help you find the most suitable financial option to suit your current circumstances and needs.

or call us on: 0203 745 5892

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Peritus Corporate Finance Limited is authorised and regulated by the Financial Conduct Authority. Financial Services Registration number 659343.

Registered in: England and Wales Reg No. 9233621 The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. Where you have a complaint or dispute with us and we are unable to resolve this to your satisfaction then we are obliged to offer you the Financial Ombudsman Service to help resolve this. Please see the following link for further details: www.financial-ombudsman.org.uk