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Securing development funding for your residential property project

We help clients secure development funding for speculative residential building schemes: and that includes flats as well as houses.

Quick Quote

Fill in the form below to receive a quick quote for development funding. It’s free and there’s no obligation, so why not do it today?

 

We’ll work closely with you to compile a comprehensive pack of information. The better your proposal, the higher your chance of securing finance for your development. Funding sources are limited in this market as there are only a few active lenders. However, because we’re independent, we can approach the whole of the market. So we’ll talk to our contacts in high street banks, building societies, and private banks, as well as specialist lenders.

We don’t charge upfront fees. And we continue to work on a no success, no fee basis even though the development funding market is more challenging than others.

Some of the funding options that may be available to you:

  • Senior debt up to 55% of the gross development/resale value of the completed units. This typically equates to 60-70% of total development costs - land, construction, professional fees, and interest etc.
  • Mezzanine/equity finance to provide up to 90% of total project costs.

So why not find out how we can help you achieve the development funding you need? Call us on 01737 652 122, or email us at info@stgeorgesfinance.co.uk

Full members of the National Association of Commercial Finance Brokers

St Georges Finance is a full member of the National Association of Commercial Finance Brokers

 

What we do

  • No success, no fee
  • We’re independent so we can source funding from the entire market
  • We prepare a comprehensive proposal to lenders on your behalf
  • We explain the small print on paperwork
  • We can guide you through the process from application through to draw-down
  • We arrange loans from £150,000 to £5m

Services

  • Commercial Mortgage
  • Property Development
  • Cash Flow Finance
  • Property Investment

Awards

Winner of Commercial Mortgage IFA 2008

Commercial Mortgage IFA of the year - 2008

 

Recent Case Study

Our client had identified a new development site with planning permission for nine houses. He had been with his bank for seven years, was very experienced and had a profitable business. His bank originally agreed to lend, but then withdrew their offer of development funding. We secured: