Bill

the highest loan to value available for development projects is about 75% and ther rates fairly rich at north of 9%.

Your main residnec ewill be limited to 95% max and that assumes you can verify income to support the borrowing. 90% max if you cannot proove income.

Keep in mind valuers are very hawkish now and will value in the new enviroment where prices are falling given 40% of funding has been completely removed from the market and the populace cant fill that funding gap out of thier own pockets, so a fall is 100% guaranteed.

New developments here in Herts just outside London are not selling and developers are reducing prices to get interest.

I wish you well, but in this market you should do your figures very carefully. In the last crash lots of developers I dealt with went bust over night as they simply couldnt imagine not being able to sell stuff, afterrall "prices wouldnt fall in THIER area"

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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year