Specialist

Development Finance Banks

Development-finance-banks

Clifton private finance

We specialise in raising development finance on residential and commercial property transactions in the UK. We have excellent knowledge of UK development finance banks. 

We can help developers get the right finance for UK residential and commercial projects.
  • Development finance from £250,000 to £50m
  • Market leading rates
  • Finance options for England, Scotland, Wales and Northern Ireland (We can also source finance for projects in Ireland)
  • International development funding from £5m
  • Loans up to 100% of development finance cost
  • Development exit funding for projects near completion
  • Finance with no exit or early redemption fees
  • Refinance for projects behind schedule
  • Options for first time developers
  • Finance solutions for unihabitable properties
  • Conversion finance e.g. permitted developments, care home conversions
  • Joint venture finance options
  • 2nd charge options
  • Finance for major home renovations
  • Terms up to 36 months
  • Hunter style revolving credit finance facilities for experienced developers
  • Complex cases always considered
  • Finance for a variety of ownership structures including multiple SPV's, Offshore SPV's, UK based trust structures, overseas trust structures. We can also help with a requirement for finance to be based on shariah principles.
  • Finance for new build, conversion or refurbishment developments including mixed use and student accommodation
  • We can help source finance for land, commercial to residential conversions, assets such as care homes, barn conversions, places of worship, petrol stations, fisheries, air rights (with acceptable security) and charities

Flipping Property?

Buying, Renovating & Selling (or Letting)

Finance Rates from

0.44% pm

1 - 18 months

Rates up to 80% LTV

As at 21st June 2019

Ground Up Development

New Builds

Finance Rates from

0.335% pm

Up to 30 months

Rates up to 70% of GDV

As at 21st June 2019

Existing Development?

Refinance & Exit Finance

Finance Rates from

0.335% pm

1 to 18 months

Rates up to 75% LTV

As at 21st June 2019

Contact Us

Thank You for your interest - please complete the form below and a member of our team will be in contact.


Our strength is our ability to access a wide range of funding solutions from high street and private banks, specialist lenders, family offices and wealth managers. We also have connections with private investor fund groups.
Call us on 0203 900 4322 to discuss your requirements.
Recent

Property Finance Deals

Bridge finance for Channel Islands resident to build new Guernsey home
Area
Guernsey
Capital Raised
£800K
Seventy percent net loan for new developer buying and converting London house to flats
Area
North London
Capital Raised
£836K
Hybrid Development Finance Solution Before Practical Completion for Falmouth Developer
Area
Falmouth
Capital Raised
£500K
Finish and exit on a London residential renovation
Area
West London
Capital Raised
£150K
Finish and exit for £1.95M barn development
Area
Sussex
Capital Raised
£605K
Residential bridging loan to buy development site for two barn conversions
Area
Lincolnshire
Capital Raised
£150K

  

More Opportunities »

Contact Us

  

Development Finance Banks

The best finance rates for development funding are commonly reserved for experienced property developers: to access the best deals lenders will require evidence of a proven track record of successful projects.

There are lenders we work with who are happy to provide property finance to new or less experienced developers if your project satisfies their criteria, which might include: 

Gross development value (GDV)

The estimated open-market value of your finished property or development is a key metric in development finance (along with development experience and your personal financial situation).

Most development finance lenders are comfortable with granting development loans up to 65% of the GDV, if they are comfortable with the project plans and financial projections. Some lenders will go higher than this but often development mezzanine finance will be required to get to a higher LTGDV.

Up to 100% of the development finance costs

If you require funding to buy land and then the development costs, dependent on the project lenders will want you to put in 30% of the acquisition cost. The balance & 100% of the building costs can be funded on the basis that overall funding does not exceed 65% of the GDV. For the right projects additional mezzanine finance can be sourced up to 90% of GDV.

A number of lenders in the development finance market are prepared to provide the entire funding for the purchase of property/land plus development costs to borrowers who qualify for development finance if other assets can be used as security.

How can we help source your development finance from a bank? 

Why use a specialist finance broker? At Clifton Private Finance, our strong relationships with private banks, specialist lenders, family offices and wealth managers, means that we can look at the widest range of funding available to find the best business finance solution for your development.

With offices in Bristol and Cardiff we are authorised and regulated by the Financial Conduct Authority.

Call us on 0203 900 4322 to discuss your requirements.

  

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Get in Touch

If you have any questions about our services or want to start making things happen please contact us