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Development Finance

Structured and Bespoke Service for Property Developers

Finance Your Development Project

Solutions to fund development projects ranging from a single unit build, conversions under permitted development rights to developing multi-unit sites. With loan sizes from £100,000 onwards we can cater to a wide variety of projects. Having a commercially driven decision making process ensures timely drawdowns, helping ensure projects are completed on time and within budget.

We have experience with residential, commercial and mixed-use developments each of which has it own technicalities. Our experienced consultants have helped new and experienced property developers through senior debt, stretched senior debt with or without mezzanine and equity finance.

Types of Finance
  • Senior Debt
  • Stretched Senior
  • Mezzanine Finance
  • Equity Finance
  • Land Acquisition / Planning Gain
Scenarios
  • Single or Multi Unit Developments
  • Commercial to Residential Conversion
  • Barn Conversions
  • Student Accommodation
  • Part Complete Developments
Required Information
  • Full details of the land/property
  • Experience / CV with past projects
  • Asset and Liability statement
  • Cost Appraisal
  • Projected GDV with market comparables
High Street Lenders
  • 1.5% Product Fee
  • 4.5% – 5.5% per annum
  • 1% Exit Fee
  • Up to 50% of GDV
Experienced Developers
  • 1% – 2% Product Fee
  • 6% – 9% per annum
  • 0 – 1% Exit Fee
  • Up to 75% of GDV
Inexperienced Developers
  • 2% – 2.75% Product Fee
  • 9.5% – 12% per annum
  • 0 – 2% Exit Fee
  • Up to 70% of GDV
The line of communication is always open regardless of day, night or weekend, valuing the client needs over and above everything else. We are looking to do other project (with FinSpace) and we have no hesitation in commending them.

RJ
Dave Fathers at FinSpace made the process of raising development finance straightforward. With a “can do” attitude right from the start they left the high-street banks standing.  Would definitely use FinSpace again. 
JR