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

J R

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.

R J

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.

Developer – South East England

⭐⭐⭐⭐⭐

A Good company to work with, From the first telephone conversation with George who quickly understood our borrowing requirements and looked for the best deal

Newly Incorporated Developer – Midlands

⭐⭐⭐⭐⭐

I would like to recommend Dave Fathers and the team at FinSpace to anyone reading this. As a new start-up developer, with a clear focus on delivering high quality, contemporary homes that support the drive to mitigate climate change we have been extremely well-supported by Dave as ...
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Developer – South West England

⭐⭐⭐⭐⭐

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 the team at FinSpace again.