Our development loans and construction finance can be used for a wide range of purposes, including:
- Purchasing land
- Constructing new buildings or redeveloping existing ones
- Refurbishing or repairing properties
- Converting properties into multiple dwellings
Let us take the hassle out of the financing process when it comes to obtaining development finance. Your business capital will be efficiently structured by us, allowing you to concentrate on your development. To find out more about financing for land developers, contact us right away.
What is a Property Development Loan?
A property development loan is a short-term loan used to finance the costs associated with the development of a real estate project, such as construction, renovation, or land acquisition. It is not used for the purchase of a finished property.
Development loans are typically interest-only loans, with repayments made during the construction period. Once the project is completed and the property is sold, the loan is repaid in full. These types of loans are usually only available to experienced developers with a proven track record. However, if you’re a developer just getting started, we can still help you with the financing you need.
If you want to learn more about property development loans, we’ve prepared a detailed guide.