Development Finance

Development finance is a type of short-term finance (usually between 12 and 18 months) used by individual businesses, partnerships, or limited companies to purchase a building plot or new build, or to convert or renovate an existing property.

Why choose it?

AdviserFinance helps you to secure development finance for your clients. Doing so:

  • Provides your clients with valuable cash/liquidity to enable a project to be completed. This gives them the flexibility to sell the completed build or refinance onto a term mortgage
  • Means that most fees can be added to the loan with interest accrual into the loan during the project

Criteria

  • UK-based projects
  • Finance assessed on the feasibility of the project
  • Both experienced and inexperienced developers considered
  • Minimum loan size £50,000
  • Single property developments and multi sites considered

Refer a case