Modular Housing Finance
Lending Options for Modular Construction
THE FINANCE BUSINESS SPECIALISE IN MODULAR CONSTRUCTION FINANCE, BRIDGING LOANS, PROPERTY DEVELOPMENT FINANCE & COMMERCIAL MORTGAGES
Modular Construction Loans are used to buy a building or land and have the finance spread out over a much longer period than say a bridging or development loan.
Unlike bridging loans or development finance which only come with 12 month or 18 month loan terms, Modular Housing Loans can be taken over 30 years, much like a traditional mortgage you would get from the high street.
Modular buildings are becoming more common in the UK. For lots of people, the first they heard about such construction techniques was on the TV show Grand Designs way back in 2003, where the self builders were importing a prefab (pre-fabricated) house from German manufacturers Huf Haus.
Whilst many people were sceptical about this type of build, it has proved to be a winner and in fact, the UK is the 2nd biggest Huf Hause market in the world, such is their appeal, due in no small part to the comparatively cheaper construction costs and build time.
As a Modular Construction Loan will be used for a property (in most cases) that the borrowers/self builders will live in, it will also be priced accordingly and very differently to bridging loans or property development finance, both of which are expensive compared to Modular Construction Loans.
If you are unsure of some of the industry words we use, you can look at our glossary of terms.
We are the ‘goto’ finance broker for property professionals throughout the UK looking to fund residential, commercial & industrial property.
Our Modular Construction Loans Summary:
NO BROKER FEES. NO UPFRONT FEES
Heads of Terms from Mortgage Lenders produced the same day you apply
Modular Construction Mortgages from £100,000 to £10m
interest rates from just 3.99% per annum
Loans available on residential, commercial and industrial properties
We can also fund farms, farmland, agricultural land in England, Wales and Scotland
Industrial units and industrial estates in England, Scotland and Wales
Land with or without planning
Modular Construction Mortgages and Loans up to 70% LTV…NET
Interest can be rolled up (paid at the end when you sell or refinance the property), deducted from the initial loan or serviced (paid monthly)
Joint Venture (JV) finance
100% of purchase price
Loan terms from 3 months to 5 years
Portfolio bridging available if you have a number of properties that need refinancing
Bespoke, speedy service for large Modular Construction Loans above £1m
Apply For A Modular Construction Bridging Loan Today
Frequently Asked Questions
Apply For A Modular Construction Commercial Mortgage Today
Examples of Modular Construction
These are some of the leading UK modular construction experts with real life examples given