Funding that keeps pace with the programme.
Development finance and commercial bridging loans for UK property developers — from single-plot conversions to multi-phase schemes. Structured around cost certainty, drawdown discipline and a fully modelled exit, so the client's accountant and QS see the same picture we do.
Ground-up development
Site acquisition through practical completion, structured across senior and, where appropriate, stretched senior debt.
Conversions
Permitted development, office-to-residential and commercial repositioning schemes.
Heavy refurbishment
Structural works that materially change the use, layout or GDV of the asset.
Listed buildings
Sensitive schemes where planning, heritage and programme risk require a specialist lender.
Three stages. One coherent strategy.
Land & Acquisition
Bridging or day-one advance against the site, priced against planning risk.
Build Drawdown
Monthly drawdowns against QS-certified cost, with contingency ring-fenced.
Exit
Sale, refinance onto investment debt, or block sale, modelled before day one.
Common questions from property developers.
- What is development finance?
- Development finance is a phased, project-based facility that funds land acquisition, build costs and interest through construction, repaid on completion via sale, refinance onto investment debt or block sale. It sits between short-term bridging and long-term commercial mortgages.
- Can I use a bridging loan for a property development project?
- Yes — a commercial bridging loan for property developers is commonly used to acquire a site ahead of planning, complete a purchase inside an auction window, or exit a scheme at practical completion before onward sales. Once build costs and drawdowns come into play, full development finance is usually the more appropriate instrument.
- How much of the project cost will a development lender fund?
- Senior development lenders will typically fund up to 65 per cent of gross development value and 90 per cent of total costs. Stretched-senior and mezzanine layers can push cost cover higher, at a cost. The right structure depends on the developer's equity position and the scheme's margin.
- How are development drawdowns released?
- Drawdowns are released monthly against certified progress, signed off by the lender's monitoring surveyor. Contingency is ring-fenced from day one, and interest is usually rolled into the facility rather than serviced monthly, so cash-flow discipline matters even when there is no cash cost during the build.
- Do you fund conversions, heavy refurbishment and listed buildings?
- Yes. Permitted-development conversions, office-to-residential schemes, heavy refurbishments that materially alter use or layout, and sensitive listed-building projects all sit within scope. Heritage schemes need a lender that understands planning, conservation and programme risk — not every development lender does.