Development finance is used for construction projects. The majority of these projects will be to create new houses and apartments, but it can also include commercial units, mixed-use transactions (e.g. a retail unit on the ground floor of a building with apartments being developed above) and larger scale conversions (e.g. an office building being converted to apartments).

Type of funds available

The development finance sector has moved on a great deal in recent months and funding is now available from mainstream banks, merchant and investment banks, private lenders and specialist investment funds. Each of the lenders will have their own credit assessment criteria and we use our knowledge and market experience to match the clients' requirement to the best loan product available. This could be by way of a single stand-alone facility, a traditional senior loan in conjunction with a subordinated / mezzanine facility or a stretched senior loan offering a higher loan to cost ratio.

Current market conditions

The current market in development finance is growing strongly and the scope of our lender panel is such that we can consider first time developers, development locations throughout the country, high-end single units or large multi-unit schemes.

Criteria Overview:

First and second charge mortgages are available on residential, commercial and mixed use development projects:

  • Market leading rates*
  • Loans from £100k with no upper limit
  • Up to 90% loan to cost (100% funding in certain circumstances)
  • Development locations throughout the country
  • High-end single units or large multi-unit schemes
  • Products for first time developers

*Each transaction will be unique, but the client profile, previous project experience, cash input, development location etc. will all have an effect on the maximum loan parameters and pricing. Interest rate margins can be as low as 3%, but typically development loans are charged at a premium due to a higher risk profile and shorter loan terms.

The human touch is core to our proposition and we welcome your telephone call to discuss your client’s individual circumstances.


You have two options in how we manage your client’s enquiry:

  1. We are happy to take the name and number of your client and manage the entire process leaving you to concentrate on your core business. Please be assured that your client will remain “your client” and we will never cross sell to them. Please note that if the case is regulated then we will be unable to speak directly with your client.
  2. If you prefer to retain control of the process, we will be happy to support you with guidance and all the documents required in order to facilitate your client’s finance.

Please contact our dedicated team of experts to discuss the administration and valuation fees applicable to your client’s application.

  1. Once we have matched a potential lender with your client’s circumstances, we will request a completed application in principle (AIP).
  2. Upon receipt of the completed AIP, we will obtain a decision in principle (DIP) from the lender. These details will be confirmed to the introducing intermediary in an email along with a full list of requirements in order to proceed with your client’s application.

We have a one page quick enquiry form to collect basic details on a scheme or alternatively we can accept a basic feasibility study to provide initial feedback before moving to a more detailed application.

Submit your enquiry now


Contact our development finance helpdesk today:

01277 500 900

or email

Development Finance Made Easy