Are you a first-time developer seeking affordable finance to fund your first major project? Would you prefer a bespoke solution to suit your exact requirements and budgets instead of a generic ‘off-the-shelf’ High Street loan?
We have the specialist knowledge, experience, and network needed to support new and established developers from all backgrounds. Our team will help you determine the ideal funding solution for your project before negotiating an unbeatable deal from an extensive panel of approved lenders.
Development finance support, advice, and representation
Qualifying for affordable development finance as a first-time developer can be challenging. This is due to the fact that most lenders expect to see evidence of many years of relevant experience before issuing loans to property developers.
This is why it is important to seek the support and representation of an independent broker at the earliest stage. All aspects of your development finance application need to present your case as convincingly as possible.
Our extensive network of lenders includes a number of top-rated development finance specialists who take pride in supporting newcomers to the sector. Irrespective of your experience and track record to date, we can help you find an unbeatable deal to get your project off the ground.
Careful planning and presentation of applications
The key to a successful development finance application lies in careful planning and preparation. Ensuring you have all the documents, projections, and paperwork needed to support your application is essential.
Our professional team of development finance brokers will ensure that you understand what proof is necessary to support your application. We will also guide you through the numerous questions that will be asked of you before your loan application is accepted.
Frequently asked questions
Development finance differs from conventional funding, in that the capital is released gradually in a series of stages. Your lender will carefully monitor the progress of your project, releasing subsequent instalments when satisfied that the project is progressing as planned.
Consequently, one of the main risks associated with development finance is the potential for loan instalments to be delayed or denied. If your project runs into difficulties at any time, your lender may refuse to issue the next instalment until they are resolved.
Qualifying for a competitive deal as a first-time developer is perfectly possible, with the right support and representation.
We can help you get your project presented in a positive and convincing light, based on the following projections and supporting documentation:
- Land and/or property purchase plans
- Total construction and development costs
- Additional costs including marketing, insurance and legal fees
- Proof of a workable exit strategy
- A detailed timeline for the project
- Other contractors and vendors involved
Even if you have been turned down for development finance elsewhere, we can help you find an affordable deal from an established lender you can count on.
Call the team anytime to get your application under way, or email our team with details of your requirements, and we will get back to you as soon as possible.