How To Use Our Development Finance Calculator
Input the estimated sales value of the completed development.
STEP 1
Gross Development Value (£)
Input how much you are paying for the land. If you already own the land, you can input the estimated land value.
STEP 2
Land Purchase Price (£)
Input the total construction costs. This includes costs such as CIL or S106. This does not include any professional fees, or construction contingency.
STEP 3
Total Construction Costs (£)
Input any professional fees. This includes costs such surveyors, architects, monitoring surveyors or development management fees.
STEP 4
Professional Fees (£)
Input your project contingency.
STEP 5
Contingency (£)
Input your projects sales costs. These include estate agency fees, legal fees or any other cost that are deducted from sales income.
STEP 6
Sales Costs (£)
Input your projects program details. i. Pre-Construction Land Hold Term - how long after completing on the land loan do you intend on holding the land prior to starting construction. ii. Construction Term - how long will construction take. iii. Sale Void Term - how long to sell (or refinance) once construction has been completed.
STEP 7
Program (months)
Input how much you would like to borrow as a percentage of the gross development value. We lend a maximum of 70% LTGDV.
STEP 8
Gross Loan to Value (%)
Input Telos Capital’s interest rate per month. Our rates start from 0.85% pm for development loans.
STEP 9
Interest Rate / month (%)
Input Telos Capital’s Arrangement Fee. We charge between 1% and 2%. This is calculated on the Gross Loan.
STEP 10
Telos Capital Arrangement Fee (%)
If you are working with a Broker input your Brokers Fee. Brokers can charge between 1% and 2%. This is calculated on the Gross Loan. If you’re not working with a Broker you can leave this blank.
STEP 11
Broker Fee (%)
STEP 12
The Output
Our Development Loan Calculator will output indicative terms automatically.
How to apply?
Please contact the team to see if we can make this deal work for you, call us on 0207 459 4562 or email us at contact@telosapital.co.
If your loan meets our lending criteria, we will start the application process. For more information about this process, see our Development Loan Application Process.