HBFI’s Housing & Apartment Development Product, is designed to fund residential projects throughout Ireland with a loan requirement of €5m upward. This can include the funding of Purpose Built Student Accommodation ("PBSA").
HBFI have a dedicated lending team, with a deep understanding of the home building sector to ensure support at every stage of the applicant's journey and a dedicated point of contact throughout.
The indicative Housing & Apartment Development Funding Product criteria are as follows:
- Loan Size from €5 million
- Gearing of up to 80% of the total cost of the development
- Up to 5 Year Term
- Margin of between 4.75% and 7.5% (over 3-month Euribor)
- Entry fee and exit fee of up to 1%
- Lending available throughout Ireland
Note: exit fee is waived if development is contracted for sale for full provision of social or affordable housing.
Find Out More
At HBFI, our aim is to support the delivery of new homes across Ireland. For more information on this or any of our products, please call (01) 238 4600 or submit an enquiry form.
A member of our team will promptly respond to discuss your specific needs.
Please also see our FAQ Section for further information.
Please note:
The criteria set out above are indicative only and subject to change. HBFI will assess each transaction on its own merits and each transaction will be subject to the applicable terms and conditions. If an applicant meets the above mentioned criteria, this does not guarantee credit approval. HBFI reserves the right to make its final decision based on the full application and supporting documentation.