Development Loans

Development Loans

DEVELOPMENT FINANCE FROM 5.9% per annum

Whether an experienced property developer or somebody looking for a first-time project,  we are here to discuss and advise you on every aspect of your project. We have an unrivalled portfolio of lenders with a wide range of mortgages or loans available to suit your circumstances. All developments are unique and facilities are tailored to your personal requirements Projects we fund

  • Housing developments from single units to large sites
  • Apartments and flats
  • Part-completed developments
  • Holiday accommodation schemes
  • Conversions – residential and commercial
  • Commercial developments
  • Retail units and offices

  Lenders typically work to the gross development value (GDV), this is the end value of the development once finished and any funding agreed will be a percentage of this figure. We can arrange with our lenders and providers the following:

  • Land purchase and development cost funding
  • Stage draw down of development funds
  • Interest roll up – no payments due until the development is complete
  • Arrangement fees added to the loan
  • Flexible loan terms
  • 100% funding available with additional security
  • Mezzanine funding
  • Build warranties

  When our clients need to raise additional funds toward a development we can arrange Mezzanine funding. This can increase the overall funding to 90% of the total development costs including site purchase. Mezzanine finance is provided by specialist funders on a second charge basis, “topping up” a senior debt facility to complete the finance package. We can also prove Joint Venture funding which will provide 100% if purchase and build costs in return for a 50% profit share