Property Development Finance

We can help to secure funding for either major new building projects or comprehensive renovations, lending up to £100 Million can be considered, or as little as £100,000. We can source finance for Residential, Commercial and mixed-use developments, be it for Renovations, New Builds or Conversions. We can help property developers find the finance they need to start and finish their projects and will always strive to deliver the best rates for our customers.

For smaller projects Bridging Loans are also an option.


We will present your development in person to a number of financial institutions in order to get the best rates. We will request information from you such as planning consent, schedule of works, costing schedule, gross development value , statement of personal financial status , certificate of incorporation if a limited company.

Our lenders assess each application individually and in turn price accordingly based on the merits and strengths of both the applicant and the development. So to this end we believe in face to face contact with our lenders where we can put forward a strong well presented application on your behalf. We understand how to best present an application for it to succeed and gain the required funding.

It is normal for the rate charged to be rolled up into the loan so there are no monthly repayments to fund.


The loan amount is usually based on a percentage of the gross development value (GDV) at the end of the project, normally this can’t exceed 60% of the GDV, with a maximum of 75% of the total costs. We can work with developers looking for funding from as little as £100k through to projects needing finance of £100m. It is normal for funds to be drawn down at the various build stages in line with quantity surveyor approval. The lender will appoint their own Quantity surveyor in addition to the developer having their in house provider.

A Typical Scenario

A developer has planning permission to convert a property into 14 apartments with the gross development value estimated at £3 million. The total costs involved are £2.1 million, £950,000 for the land and £1.15 million in build costs. A lender might agree to development finance of £1.57m (limited to 75% of costs) structured as an initial advance followed by the balance in stages throughout the build.

Loan to project costs will be determined by projected gross property development values but funding is available up to 75% of the purchase price and build costs. A surveyor will be appointed up front to help substantiate the GDV and offer reassurance where required to the lender. This of course in addition to the developers own Due Diligence.

It may also be possible to organise a loan to finance up to 100% of the property development costs where the developer already owns the land outright. Where a developer is able to improve the planning consent post purchase, it may be possible to negotiate increased levels of funding.

Term of the Loan

A development loan is usually arranged on the interest only method and will usually run for 6 to 18 months.

We would welcome the opportunity to work with you, please click for a call back or email one of the team who will be pleased to assist further.


Call us to today to find how we can find the perfect solution for you.

01473 552020