100% JV scheme with no liability!
100% JV scheme with no liability! - IHT/ CGT Avoidance scheme - Funded 100% with investor equity- Site will be purchased, and sometimes will pay an uplift if planning gain present- No interest payable- 100% of all costs paid- No liability to developer other than to build under a JCT contract at price quoted, if no re-sales or losses then the fund absorbs the loss with no claw-back- Developer can profit from build- Profit split is 40% developer, 10% bank, 50% investors- Min lending size £2m, max £7m- Minimum Return on Costs requirement is 33%- Houses only. NO APARTMENTS. Geographical preference is South of the M4, but will consider dealing elsewhere if the site is in a very prestigious location.Contact us for further details.