Land And Construction Loans
Planning to take on major renovation of existing property to enhance the value of property. We can sit down with you and explain the process and while the property is under construction the banks will charge you interest only which means the outgoing will be kept at low amount while the project is under construction, and this is normally for 12 months from start.
It is important to understand that Bank’s will not take on or consider the Loan application if the project is semi complete project. Therefore, it is important to pick a good Financial Adviser who has experience in this field.
If you are a passive developer and love to build houses, talk to us today!.