Finance for Property Developers

If you're involved in the building industry or make a living from Property Development, then the good news is that we have funds available. Property Development loans from £50,000.

We are able to provide property development loans equivalent to 70% of the estimated gross development value (GDV) of the project which may be eligible for CBILS. For highly experienced property developers this can often be extended to 100% GDV (including site purchase, development and finance costs) where there is additional security available.

We can also introduce Mezzanine Loans secured on a 2nd charge to provide any additional funding that may be required.

A summary of current key underwriting criteria:

  • All residential and commercial property types supported including single build and multiple units
  • Applications should be supported by good evidence for local demand
  • If properties are to be retained on completion, long term refinance options are available
  • Mixed use schemes can be supported
  • Developments ought to show sufficient margin to absorb any possible fluctuations in the anticipated GDV of the project
  • The borrower or proposed main contractor should have a good CV and able to prove they have relevant experience in this sector.
Contact Us today to discuss your property development projects.