Development Finance

To provide you with an accurate indicative offer, we’ll need the current value of your property or site, along with the projected Gross Development Value once completed. We’ll also require details of your deposit size and an indication of the development costs, typically from contractor quotes. Information about any existing debt on the property, your planned exit strategy, and company/director details will complete the initial assessment.

The timeline can vary from 1 to 3 months depending on project complexity and documentation readiness. For straightforward projects with planning permission already in place and full documentation prepared, funding can be arranged within 2-4 weeks. More complex developments requiring detailed due diligence may take 6-12 weeks. The process includes valuation and surveyor reports, legal documentation, and various compliance checks.

There are typically three main exit routes available. You can sell the completed development and use the proceeds to repay the loan in full. Alternatively, you can refinance onto a longer-term mortgage product such as a buy-to-let mortgage if you plan to retain the property for rental income. A third option is using a development exit bridging loan, which provides additional time to market and sell your completed units while maintaining competitive funding costs.

Yes, though rates may be higher. We work with lenders who consider first-time developers with strong projects, professional teams, and adequate experience in related fields like construction or property.