Whether you are looking to obtain finance for a new build development, conversion, or renovation project, property development finance is a short-term lending solution that allows a developer to finance the project throughout its entirety.

With typically higher set up fees than other types of commercial mortgages, these loans are normally structured to release the funds in stages. It is typical for the developer’s contribution to be utilised at the start with the lender then providing all or most of the build costs.

Loan terms are structured on short term basis depending on the length of the project and repayments can normally be deferred until such time as the property is sold or a commercial longer-term mortgage is secured after the work is completed.

If you’re looking to obtain property development finance, please contact us for further discussion.