How can we support you?
We offer residential development finance and site assembly facilities for experienced property developers throughout England and Wales, up to a maximum of 65% GDV, with standard terms ranging from 12 to 36 months.
Plus, you’ll have the peace of mind that all lending is overseen by a range of experienced specialist lenders with years of hands on, industry experience.
- Funding from £1m to £15m
- Bespoke loan structure up to 65% LTGDV
- Dedicated drawdown team
- Supported by the British Business Bank’s ENABLE Guarantee, helping us to deliver finance to the SME house building sector
A bit about me – your regional partner
I’m Evan Griffin. I bring 20 years Banking experience having managed a multitude of trading business clients in the past across the North of England, with a focus on real estate development and investment lending, latterly focusing exclusively on development lending.
Clients have come from a range of sectors, and as such I have worked with traditional house builders, as well as developers converting commercial space into residential units, and student landlords.
Property, and in particular property development, is a genuine passion of mine, which is why I have chosen to specialise in this niche; I truly believe we need more homes built!
Contact me today
We appreciate these are uncertain times for all of us. I can assure you, as a regulated bank, we are fully focused on supporting SME developers throughout the economic cycle.
You can contact me directly on 07395 917 458, or via email at Evan.Griffin@htb.co.uk. I’d be delighted to discuss your current and future plans and how we can support your ambitions.
Recent case studies
Greater Manchester
£2.2m development loan at 62% LTGDV, for 15 townhouses across two phases.
Background: This was HTB’s first development with this particular borrower, on an irregular shaped plot and with new access required from an adjoining street.
Outcome: First 10 properties in phase one were all sold upon release at a value of 10% above the original expected return.
Boroughbridge
£5.975m development loan at 63% LTGDV, for 20 private and 14 affordable homes.
Background: This again was our first deal with this borrower, at in excess of 60% of GDV, and incorporating equity investment.
Outcome: Development reached PC, with all affordable homes sold, and half of the private homes already sold, at or above original expectations.