Specialist

Property Development Loans

Property Development Loans

Clifton private finance

We specialise in raising property development loans in the UK

We can help developers get the right finance for UK residential and commercial projects.
  • Development loans from £100,000 to £50 million
  • Market leading rates
  • Funding options for England, Scotland, Wales and Northern Ireland (We can also source finance for projects in Ireland)
  • Loans up to 100% of development loan cost
  • Finance with no exit or early redemption fees
  • Options for inexperienced developers
  • 2nd charge options
  • Finance for a variety of ownership structures including multiple SPV's, Offshore SPV's, UK based trust structures, overseas trust structures
  • 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, unusual assets such as care homes, golf courses, places of worship, petrol stations, fisheries, air rights (with acceptable security) and charities
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 3040 to discuss your requirements.
Recent

Property Finance Deals

Bridging Loan to Complete Self Build Under Tight Deadline
Bridging Loan to Complete £2.3m Self Build Under Tight Deadline
Area
Hertfordshire
Capital Raised
£190k
Bridging Loan to Fund Simultaneous Property Developments
Bridging Loan to Fund Simultaneous Property Developments
Area
Port Talbot
Capital Raised
£140k
Bridging Loan and Refinance Arranged for Large Self Build | Case Study
Bridging Loan and Refinance Arranged for Large Self Build
Area
Milton Keynes
Capital Raised
£225k
Bridging Loan with Multiple Drawdowns Secured for 18-Bed HMO Conversion
Bridging Loan with Multiple Drawdowns Secured for 18-Bed HMO Conversion
Area
Kent
Capital Raised
£1.2m
Case Study: Complex Bridging Loan for Spanish Villa in Just 6 Working Days
Complex Bridging Loan for Spanish Villa in Just 6 Working Days
Area
Staffordshire
Capital Raised
£1.48m
Development Loan to Refinance New Build House
Development Loan to Refinance New Build House
Area
Daventry
Capital Raised
£1.6m

More Opportunities »

Property Development Loans

Funding for UK development projects?

Loan options available to developers are dependent on the type of work required:

How much can I borrow for a development loan?

How much you can borrow & how much it will cost will come down to your project and the security and experience you can demonstrate. Headlines on what we can source through our network are: 

TYPES OF LOANS FOR DEVELOPERS

Loan options include;

1. Short Term Development Loans

Short term loans offers developers a fast way to access development finance.

Our network of lenders can provide finance within as little as seven working days as a short-term solution to “bridge” the gap of any shortfall in funding.

Bespoke bridging short term loans can be tailored to specific purposes and lending terms, but they are commonly used for developments such as:

Light refurbishment bridging loan

Usually with slightly lower interest rates, these are tailored for smaller development projects. There is no strict definition of a light refurbishment project, but usually it is one where:

Heavy refurbishment bridging loan

These are offered as finance for larger development projects, where the lender’s risk and administrative involvement is greater – consequently their interest rates are higher.

A Heavy Refurbishment bridging loan will be appropriate for projects where:

2. Development Loans

The best rates for development loans are commonly reserved for experienced property developers: to access the best deals lenders will require evidence of a proven track record of successful projects. We can arranage finance to new or less experienced developers if your project satisfies their criteria.

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 lenders are comfortable with granting development loans up to 65% of the GDV, if they are comfortable with the project plans and financial projections.

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 the cost of servicing a 100% loan is not an issue this can be an extremely useful scale of funding for your project, allowing you to invest in other projects at the same time.

Next Steps

At Clifton Private Finance we can look at a wide range of loan funding options for your development project.

With offices in London, Bristol (Registered Office) and Cardiff we are authorised and regulated by the Financial Conduct Authority.

Call us on 0203 900 3040 to discuss your project.
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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