Development Finance
Whether you’re looking to finance the building of new houses and apartments or renovate and redevelop existing buildings, we have the solutions that will get your project off the ground.
How does Development Finance work?
Development finance loans are a short term loan option designed to fund the purchase of land and/or build costs associated with a property development project. The amount borrowed is determined by a lenders valuation report, with an initial sum released to the borrower and then further funds released at agreed intervals throughout the loan term to suit you.
Our team of development finance experts will work with you to understand your unique requirements and then negotiate with our wide panel of specialist lenders, family offices, private funders and boutique financiers to provide funding for your property developments.
Every development loan is unique, we can structure funding for:
- Newbuilds and conversions
- Single Unit or multi-unit schemes
- Houses, flats, property with a commercial element
- Change of use
- Regulated self-build
- Acquisition and completion of part built developments
Our team has been recognised with over 25 industry awards and nominations during the past 5 years.
Development Finance Highlights
75
% Loan to Gross Development Value
Loan to Cost (100% funding on some schemes)
£50m
Upto £50m
 |
Loans to 90% loan to cost / 75% loan to GDV | |
Borrowing from £100,000 to £100,000,000 | |
|
Properties and land across the UK | |
Funding from traditional and boutique banks | |
|
Senior funding, stretch senior, mezzanine finance, private equity and joint ventures |
Please be aware that you need to keep up your mortgage payments or you could lose your home.
Don’t Forget
A mortgage is a significant investment so it is important to protect your business, your investment and yourself with the right insurance. At Positive Mortgages we recommend our trusted insurance partner, Broadbench Ltd. Speak to one of our team on 01202 850 830 for a no-obligation chat about your mortgage and insurance requirements or use the contact form below and we will be in touch.
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