G&C - Finance & Consultancy: 100% Property development finance

Your Questions Answered

1. What level of Finance can G&C offer?
2. Does G&C have a tie-in or affiliation with a particular Bank?
3. What type of loans does G&C offer?
4. What types of schemes will be considered for funding?
5. Does a site need Planning Permission for funding purposes?
6. How quickly can you make an in-principle decision?
7. What information do I need to provide to allow G&C to make an in-principle decision?
8. How quickly can I expect to receive funding?
9. Will G&C allow me to put a proportion of my own equity into a Funding Project?
10. How much intervention does G&C want in the Development Process?
11. What’s the cost?

1. What level of Finance can G&C offer?
   G&C offers 100% development and bridging finance, to fully fund residential and mixed use developments across the entire mainland UK.
   In funding any project G&C will cover all costs associated with the development including legal fees, valuation and QS reports, planning and technical costs and Stamp Duty.
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2. Does G&C have a tie-in or affiliation with a particular Bank?
   No. Unlike most of our competitors, G&C is not owned by one of the main high street Banks. We are therefore totally independent and are able to negotiate the best terms and rates of finance for the senior debt funding provided by the Bank to make up the 100% development finance. Equally, if you have an existing relationship with a particular Bank, we are quite prepared to discuss senior debt financial terms with that Bank and compare them to the rates G&C can secure.
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3. What type of loans does G&C offer?
   G&C is entirely flexible in its approach to lending and can offer a range of loan facilities including re-financing, bridging finance, land loans, land and development loans and loans for land purchase deposits.
   G&C can also provide preliminary loans finance for architectural design, planning advice, legal fees and other costs associated with the planning process Upfront cash advances on profits may also be available.
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4. What types of schemes will be considered for funding?
   G&C will consider all residential and mixed use developments across the mainland UK.
   Projects below £1.5 million gross sales values will not normally be considered.
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5. Does a site need Planning Permission for funding purposes?
   No. G&C will consider sites both with and without planning permission. G&C will also consider funding sites with outline planning consent only.
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6. How quickly can you make an in-principle decision?
   G&C promise to reach and deliver an initial decision to you within 48 hours of receiving the key project information.
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7. What information do I need to provide to allow G&C to make an in-principle decision?
   G&C typically require the following information to carry out an initial evaluation:
   
   • Development Appraisal (Preferrably including Cashflow)
   • Planning consent (if relevant)
   • Scheme drawings
   • Supporting market research
   • Build & Sales Programme
   • Any relevant supporting technical information
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8. How quickly can I expect to receive funding?
   From formal acceptance of G&C's Terms of Finance, 100% development finance will typically be available in 4 to 5 weeks. This period of time is usually required to complete the standard due diligence process for lending purposes.
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9. Will G&C allow me to put a proportion of my own equity into a Funding Project?
   Yes. We are entirely flexible in our funding solutions and are quite prepared to allow you to put a capital injection into any development project we fund.
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10. How much intervention does G&C want in the Development Process?
    G&C will undertake a periodic inspection of your project(s) and where relevant can provide a consultancy support service on sales and marketing and construction matters where a project is being financed through G&C.
    However, G&C will not interfere with your business - whilst the nature of the financial arrangements forms a partnership between our respective companies, we will provide support where requested, but very much leave you to grow and shape your business the way you want it to.
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11. What’s the cost?
    The cost of G&C’s finance will very much depend on the project put forward, current market conditions, the background and experience of you the borrower and the overall project length and therefore loan period required. Unlike our competitors, we typically work on a fixed fee charge for our funding which offers transparency and certainty to our borrower clients.
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G&C Finance are 100% development funding & finance experts.