Magnet Capital are a specialist provider of development finance, focussing predominantly on small new build construction projects. We lend our own funds and our team has decades of experience in working on development finance facilities. We pride ourselves on our speed, personal service and flexible approach, offering an unparalleled five-star service for both brokers and clients.
Loans range between £200,000 and £2m and are tailored to our clients’ individual needs – we provide direct contact with decision makers right from the start. We aim to establish long-term relationships and our goal is to help our clients’ businesses grow.
- 55% GDV + Rolled-up internest
- 100% build costs and contribution towards purchase price
- Experienced builders and developers
- Primarily residential schemes for new builds refurbishments and conversions
- Will also fund non-experienced developers in joint venture scheme
- Greater London and Home Counties
- Southern England as far west as Devon
- South Wales
- Projects outside these areas can be considered
Products from Magnet Capital are only available when using Dynamo for Intermediaries’ packaging service. Please contact us for further details.