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The North East Property Fund

The North East Property Fund offers short term loans for small and medium-sized construction and property development companies. Loans from £250,000 up to £1million are available for residential and non-speculative commercial developments in Tyne & Wear, Northumberland, and County Durham.

FW Capital manages the £10 million North East Property Fund on behalf of NPF 2016 Limited, supported by investment from Santander and the North East LEP.

Short-term loans for commercially viable schemes

FW Capital can provide loans between £250,000 and £1 million to construction and property development companies developing small-scale, non-speculative commercial and residential property, such as:

  • New housing developments
  • New office, industrial and warehouse developments
  • Refurbishment projects

Our typical repayment terms are between nine and 18 months.


The right funding profile

Our investment team will work with you to understand your plans in detail and ensure any loan we make suits your needs. We can structure repayment profiles that take account of key development phases and completion dates.


Our investment criteria


We invest on a commercial basis and to apply you’ll need to provide us with:

  • Accounts for your company and any associated companies and a project synopsis detailing
    • Your financial contribution
    • Any other financial contribution
    • Relevant planning permission(s)
    • The proposed build schedule
    • The value you hope to achieve from the sale of the project
  • A detailed cost breakdown of the project
  • Details of the pre-sale agreement(s) for the project demonstrating how you’ll repay our loan

The fund’s aims
 
This Fund aims to finance the build of over 300 new homes and finance the development of around 4,000 square metres of commercial space. This is forecast to contribute in excess of £25 million to the regional economy, creating or safeguarding over 600 local jobs.
 

Interested?

Please contact us to discuss your application.


Other funds

Find out about other funds we manage across the North of England.