Development Finance

We have access to some of the leading rates for development finance enabling us to deliver affordable quick UK Property Finance.

Development Loans

Bridging finance for development is used to build a new building or convert an existing building. This can be residential houses, shops, offices, industrial buildings. It can be for investment purposes or owner occupied. They can be an experienced developer/builder or a first time developer wanting to start developing:

  • A builder by profession who has purchased land and wants a loan to build houses and sell on but may or may not have built from scratch before
  • An experienced developer who has been doing this for years and we will source them the best possible rate
  • Someone building their own home

The site must be owned already and would need to have planning in place or can be agreed subject to planning. They can borrow up to a 100% of the build cost provided that it is within 60%-70% of Gross Development Value (GDV) depending on the lender and experience (set on a case by case basis). Maximum term they can borrow is between 36 months. Exit is usually sale of properties or refinancing.

Key Features of our Development Loans
  • Loans from £100,000 upwards
  • No tie-ins, the loan can be repaid without incurring any early repayment charges
  • No exit fees with certain lenders
  • No experience is required provided a building contractors contract has been provided
  • Funds are available in stage payments
  • Can use other properties as collateral
  • Clients do not have to borrow the full agreed amount should the build go below budget/plan and will only pay interest on the amount borrowed

With bridging loans for development, the valuations tend to be pricier than the other valuations and typically take up to 10 days after the inspection to reach the lender.

Development loan rates will vary depending on the project and experience.

We can help, whether your Client is:
  • An experienced developer
  • Looking to develop their first property
  • Buying at auction to refurbish and flip for a profit
  • Building a property portfolio
  • Part way through a development and in need of funds to complete
  • Converting an office block to residential under PDR
  • Developing student pods
The UK Bridge Capital work closely with our lending partners to provide you with fast, flexible bridging solutions tailored to suit your clients’ needs.

London and South Capital 

  • Copyright. All rights reserved
Facebook Instagram Tiktok Linkedin Twitter Envelope Phone-alt