How does our Joint Venture Fund work?
Once you have found the deal you’d like to purchase and develop, complete the form on this site, we will review and get back to you with feedback or a decision within 24 hours.
Once you have found the deal you’d like to purchase and develop, complete the form on this site, we will review and get back to you with
How much will you have to put into the deal?
First of all, it is essential to point out that if you can invest money into the deal yourself, it is prudent to do so. Self-funding will reduce your interest costs and, ultimately, reduce risk. However, if you’re not in a position to do so, you will have to pay the following:
- Solicitors purchasing fees
- Bank arrangement and valuation fees
- Agents finders fees if applicable
- Stamp duty on the purchase.
In most cases, any interest is paid at the end of the project by either selling or refinancing the property. The company then pays this prior to any profits paid.
Please do still get in touch if you cannot contribute financially to the joint-venture, we may be able to arrange an alternative or offer a commission for the opportunity.
Please note: the fund does not charge any fees for the Joint Venture.
Who retains the ownership of the completed development?
Your company will own the property. Any bank loans will be made to that company, and they will take out a first charge as security. A second charge on the property will secure the loan the fund makes to your company as security.
For more information, get in touch with us today.
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Let us invest in your next deal
John Howard can provide you with your much-needed finance on a joint venture basis, subject to your due diligence.