Development Finance

LKFS consultants are specialists in providing assistance with residential and commercial property development finance. Our experienced consultants have had considerable exposure to developments costing in the thousands of dollars to those costing in the millions, there is nothing that LKFS cannot handle.  

Property development finance rates & fees can differ depending on the bank, the applicants experience, the industry sector and the nature of the proposal. Conditions of approval from each lender may also vary substantially and as a result can become quite complex and difficult for developers to satisfy.

LKFS consultants will prepare and submit development finance applications for tender to the various lenders on our panel, therefore sourcing the cheapest product and the most flexible terms and conditions available. Being experts, we ensure that the applications are submitted in the correct manner , improving the probability of approval and the timeframe in which funds are available, remember, with developments time costs money!

A property development loan is usually arranged on an interest only basis and the term of the loan can be one year plus depending on the size and nature of the underlying project. Interest is usually capitalised and payable upon sale of the property.

As the cost & conditions of this type of finance can be quite broad, we recommend that you contact an LKFS consultant to discuss your requirements.