Turning Visions into Reality: Premier Residential Development Finance Broker in the UK
- Up to 90% of costs (Loan to Cost)
- Up to 75% of Gross Development Value
- Loans from £1,000,000 to £30,000,000
- Rates from 4.75%pa over BoE Base
We are a team of professional brokers with relationships with top UK lenders who finance land and construction development projects. We get you the decisions you need to take your next development project forward successfully. We access loans across the board to secure the best option – the deal that’s exactly right for you. In most cases we can give you an appraisal within hours and look to complete a deal within days (depending on type of loan, complexity and available documentation).
We understand how tight the limitations are and how fast property opportunities can move.
Depending on the type of project you want to embark on, there is a world of finance option available. You might want a refurbishment bridge which funds 3-24 months of building costs and sometimes comes with the option to convert into a mortgage later on. This type of product would cover the majority of refurbishing projects.
Why Work With Us?
PropertyFinanaceCompare.com is a team of professional brokers, not lenders. We become a bridge between borrowers and lenders to enter into different types of loan agreements, including both secured and unsecured loan agreements.
Reliable property development loan comparisons that you can trust. It is always nice to know that our clients are on the right track. What makes us different
What makes us stand out from our competitors?
Property finance compare has become a staple form of a brokerage firm that can help clients in almost every commercial property purchase or redevelopment project. The designed financing option help developers to quickly access the funds and compare rates needed to buy various types of commercial property until they are rented sold or refinanced under another mortgage form.
What is property finance compared for?
In simple words, businesses that are looking for flexibility and growth. We are now working with many property developers, allowing them to compare different funding options and quickly access funds.
What are the benefits of working with us?
Tailored financial advice24/7 customer servicesReputation in the UK property development industryRelationships with a number of top lendersSuccessful project completion records
What’s difference b/w a lender and a broker?
A lender is a financial institution that makes a loan directly to you. A broker does not lend money.
FAQs
What is a property development loan?
A property development loan is a short-term fund, only to be used during the build of the project. It is paid out in stages, normally when key parts of the project have been completed. With a property development loan, you may be able to get a larger sum of money. That’s why a property development loan tends to be a preferred choice when
What are the key features of property development?
Size of the property
• Loan to gross development value
• Loan to cost value
• Experience
Who are property development loans for?
Property development loans are for experienced developers and builders, to help cover the costs of all sorts of different residential and commercial projects – whether it is houses, shops, offices, or industrial buildings. The majority of people applying for property development loans will be:
Experienced developers – Professional builders
Lenders will always prefer applicants who already have a background in development projects.
What are the benefits of property development loans?
- Take on longer projects
- Quick access to funds
- Use your saving elsewhere
What questions can a lender ask?
The current value of the property
• The predicted value of the property at completion
• A breakdown of the building and renovation costs
• The development schedule
• A portfolio or CV to show your experience as a developer
• Details of any other professionals you are involved in the project
• A copy of the planning permission and building regulations
• Your exit strategy