Fox Funding provides bridging and development finance from £300,000 to £5,000,000 secured on residential and commercial properties.
Fox Funding only makes loans for business purposes. Its activities are not regulated by the Financial Conduct Authority. Fox Funding LLP.
LLP Registration: OC404308
After 80 years of family ownership, the current generation decided to sell their large London property.
The offers received on the property failed to allow for its full potential. The owners, who had no previous development experience, decided to re-develop the property into 7 luxury apartments.
Fox Funding provided a £2.5m facility to pay out the existing lender and finance the development. Planning permission for the full conversion had not been received at the date of first drawdown
“Another lender failed to deliver the funds, Fox Funding stepped in at short notice and rapidly provided the funds needed. Subsequent drawdowns were handled with equal professionalism and speed. Fox Funding were really easy to deal with.”
An experienced developer/investor had the opportunity to acquire an adjoining building, in the Midlands, comprising a nightclub with 5 flats above.
The intended funder dropped out, and Fox Funding was contacted after the completion deadline had passed.
Fox Funding provided a £300k facility within 48 hours to allow the purchase to complete.
“I thought we’d lost the purchase. I was astonished by the speed with which Fox Funding acted. Without Fox Funding we would have been unable to make this acquisition.”
An experienced developer had acquired an operating business based on a freehold site in London, with the intention to convert it to residential use...
The developer’s planning application and appeal had been rejected. The developer needed funds to complete the acquisition, at a time when the site had no residential or other planning permission.
Fox Funding provided a £1.2m facility to allow the purchase to complete.
“I was impressed with Fox Funding’s pragmatism. They did not require a valuation, and evaluated the planning position without the use of lawyers, saving me a worthwhile amount in fees. They were very fair when the loan needed extending after planning was turned down again.”
A farmer based in the Yorkshire Dales had the opportunity to acquire 40 acres of adjoining land...
The farmer needed to complete the acquisition quickly to take advantage of the favourable price.
Fox Funding provided a £400k facility to allow the purchase to complete.
“Fox Funding visited the farm promptly and provided the full facility I asked for. Family complexities meant the original loan term had to be doubled, and Fox Funding were very understanding during this period.”