What Development Finance Options Do They Offer?
If you require property development finance, Royal Bank of Scotland may be able to offer:
- Loans between £1,000 and £50,000
- Online decisions made in minutes
- Funds within the next working day
- Loans for residential or commercial purposes
The type of finance that Royal Bank of Scotland offers can be used for various projects such as a loft conversion, a new conservatory, replacement windows/doors, extension to property, structural amendments, a new kitchen or new bathroom.
Royal Bank of Scotland is flexible with its terms of finance, providing that the minimum loan term is 1 year. It is important to note that loans between £1,000 and £2,500 can be repaid over a period of 1 to 5 years, and loans over £2,500 can be repaid over 1 to 10 years.
What Do the Royal Bank of Scotland Need To Know For My Application?
Unlike other mainstream lenders, Royal Bank of Scotland does not require endless amounts of information to approve a loan. Royal Bank of Scotland considers the following when approving a loan:
- Credit scoring
- Affordability
- Personal circumstances
Finding The Right Development Finance For Your Project?
Sourcing the right finance at the right price for your development project is where Clifton Private Finance can help. We have access to a large range of lenders, including Royal Bank of Scotland and can assist depending on your project and finance requirements.
Get Development Finance Quotes »
Call us today on 0203 900 3040 or complete our callback request form
