
Development Finance
Looking to build a new site?
Acquired land with planning permission?
Want to buy a property at auction?
What can we offer?
- Up to 75% LTGDV
- Loans available up to £50m
- Up to 100% of development costs available
- Joint venture and equity available
- Terms from 1 month to 5 years
- No upfront fees
- Adverse credit accepted
- 2nd charge mezzanine funding available
What Can Development Finance Be Used For?
Development finance is primarily aimed at acquiring property, purchasing land for construction, or renovating existing buildings. Its applications are extensive and can effectively support various development projects, whether commercial or residential. Here are some potential uses of development finance:
Here are some examples:
- Purchasing land
- Construction expenses
- Renovation or refurbishment of current properties
- Converting existing buildings for new purposes
- Infrastructure expenses (including roads, utilities, and landscaping)
- Marketing and sales costs
- Professional fees (such as legal and planning costs)
- Working capital to manage expenses during the development phase
This list is not exhaustive, however, and the specific use of funds will depend entirely upon the nature of the development project in question.