Development Finance

Development Finance

Development finance supports developers that need to make significant changes to their commercial property or project which it stands on or change the purpose of the property. This could be a new build scheme, conversion, renovation or part build.

Typically lenders are looking for:

  • Full details of the proposed development including
  • Proposed contractor
  • Build programme
  • Satisfactory exit route
  • Full planning consent and relevant documentation

Things to consider:

  • Loan amounts are based on a percentage of the gross development value (GDV) at the end of the work.
  • Development funding loans are normally for between 6 - 18 month period.

If you want to discuss the options available to you give us a call, send us an email or use our contact form and one of the team will get back to you.