You Build it, We Finance
Flexible, affordable property finance.
Commercial Property Finance
Commercial Property Finance & Buy to Let
We work we with residential and commercial property developers to create best possible funding solutions for their projects, regardless of size or location.
Fasttrack have a successful track record raising finance for property developers – irrespective of the size of the scheme. We have built up strong relationships with a multitude of lenders, covering all aspects of property development from small scale residential developments, to larger commercial developments.
If you require property development finance Fasttrack are the right choice, whether it is to redevelop a residential, commercial or mixed scheme. Forget all the jargon like commercial mortgages, commercial loans, corporate finance, bridging finance and so on – leave it to Fasttrack to deliver the finance you require and you can focus on running your business. We are even able to arrange peer-to-peer finance or crowd funding if that is what is right for your business.
You don’t need us to tell you that arranging finance for property development can be tricky. Raising property development finance is a bit like a boxing match. You have to be prepared to go all the 12 rounds and you have to be prepared to handle setbacks and knocks. As finance brokers with 20 years’ experience, we have the know-how and the contacts to access our panel of trusted lenders to provide the right finance for your business. We have an enviable track record, and have assisted many clients in raising the right finance for their businesses, even if they had been previously turned down by their bank.
Funding the construction sector
Businesses in the construction sector face a number of unique challenges, including the rising cost of raw materials, extended payment terms and ever-increasing legislation. As the first independent funder to offer specialist finance for the sector 10 years ago, we’re experts in helping construction businesses overcome these challenges.
- Construction Finance specialists backed by specialist quantity surveying and contract law teams
- A proven track record – we have supported thousands of construction businesses and sub-contractors with specialist finance since 2004
- A detailed knowledge of the construction sector enabling us to fund contractual debt and uncertified application for payments
Commercial property Loans
Land Purchase loans
Buy to let mortgages
Property development loans
Finance for leasehold property
We have been involved in transactions at every level. From single unit conversions right through to major multi-unit developments.
We have access to every lender in the market and every type of in the market. We know the decision makers personally. We arrange everything from market leading senior debt, competitive equity and mezzanine finance and specialist products for challenging plans. We can open up other opportunities including private individual finance and JV arrangements. We understand that time is often of the essence – you may need to move fast to secure an opportunity and we will manage every step of the process to ensure everything happens when it needs to happen.
Property Development Finance
Property development finance lies at the core of every successful property development project. With effective finance in place you can devote all your energies to the smooth running of your construction project, secure in the knowledge that you have a firm financial foundation to build on.
Many providers of property development finance do not fully understand the property sector, and have little appreciation of the unique challenges and issues that it presents. As a result, many property developers find themselves constrained in their ambitions and have to take finance packages that are not ideally suited to their circumstances.
Property Development Finance With Fasttrack
We have over 20 years of experience in property. Over that time we’ve built up a strong reputation for flexibility, fast decisions and effective, efficient service within property development finance. We have a deep understanding of how the property development & construction industry works, and have specifically tailored the services we provide to best reflect the needs of our builders and developers.
We are able to finance development projects worth between £50,000 and £2 million, and pride ourselves on how quickly we are able to deliver funds to our clients.
Fasttrack Property Development Finance Experts
As property development finance experts, we strive to foster strong personal relationships with all of our clients. Unlike some finance providers, we prefer to deal with our clients as individuals, arranging face-to-face meetings to introduce ourselves and our services to property developers. We work hard not to appear as a faceless institution to our clients, and actively encourage them to approach us whenever they need help or advice.
This hands-on approach often leads to a continuing relationship with our clients across a series of successive projects, and the forging of a lasting partnership that proves mutually beneficial to both parties.
Our advisers are connected with the market at all levels. We know all the banks who are lending, what they are lending and what you will need to demonstrate to achieve the best terms.
Our fees are transparent and open. They will cover the entire process including:
- Initial feasibility including structure and business plan.
- Sourcing the correct finance at the level needed to complete the transaction.
- Application handling – making sure the right people have the right information.
- Third party management. the bank, the valuer, quantity surveyors and all other interested parties.
- Problem solving and restructuring of the development.
- We or the wider company will be on hand to arrange refinance.
- We will be on hand from first call right through to completion.
Our experience in this sector cannot be understated.
Our clients include first time developers through to major award winning firms. We receive referrals from mortgage brokers, banks and professional firms across the country which is testament to our position. Many of our clients trust us and engage us as their outsourced finance department on every transaction which is a clear indication of our ability.
Our advisers are on hand to speak whenever you need whether that be a conversation on feasibility, discussion on structure or to arrange finance as soon as possible to secure an opportunity. We have over 20 years experience in this sector.
Fasttrack Buy-to-let property investments
Buy-to-let is pretty much what it sounds like – you buy a property in order to rent it out to tenants. You should consider the property a medium to long-term investment.
A buy-to-let property investment may be right for you if you:
- prefer investments that feel more tangible than stocks and shares
- are willing to tie up your money for a long period of time
- understand property prices can go down as well as up
- are willing to take the risk that you may not earn a profit on your investment
- understand and accept the additional risks that go along with borrowing money to buy a property
- understand and accept the costs and time involved in owning and running a property and the impact that this will have on your potential return
What is a buy-to-let property investment?
Buy-to-let investment is very different from owning your own home. When you become a landlord, you’re effectively running a small business – one with important legal responsibilities.
How does buy-to-let property investment work?
To buy a residential property, you can use your own cash or take out a buy-to-let mortgage with a cash deposit. Keep in mind that a mortgage comes with risks – if you need to sell the property for a loss, the sale price may not cover all that you owe on the mortgage. You would need to make up the difference. Also remember, that if your tenants leave and there is no rent coming in, you still need to make your mortgage repayments.
Once you buy a property, you can potentially earn a profit in two ways:
- Rental yield – what your tenant(s) pay in rent, minus any maintenance and running costs, like repairs and agents fees.
- Capital growth – the profit you earn if you sell your property for more than you paid for it.
It was a pleasure to do business with Fasttrack Finance, the service was fast, no paperwork, efficient process in obtaining funds for land acquisition, knowledgeable friendly staff ensuring both application and funds were transferred with 24 hrs. Great service will recommend and use again!Rhona Harley
We have used Fasttrack a number of times and each time it has been an absolute pleasure. They work so fast, putting the banks to shame. I would have no reservations in recommending Fasttrack Finance to anyone, they have been a great help in allowing our business to grow.Phil Fitzgerald
Absolute pleasure working with Fasttrack Finance, their staff are professional, friendly, fast and efficient, they worked hard to fully understand fully our business, allowing us to chose the best loan at the most competitive rate available. I highly recommend them.Robert Glasgow