Development Finance London
Specialist loans to help with all your construction needs
Development finance is a specialist loan which allows a property developer to finance a new build project/renovation or refinance the property to enable a heavier build or conversion.
The loan is secured against the land or property via a first charge, if additional finance is needed this option is available with a second charge, known as mezzanine finance. Lender will look into a developers previous build experience, this does not rule out first time developers from lending but can affect the rates secured. Understanding the options and funding available will be the key to ensuring the project is financially viable