Raising Development Finance on Residential or Commercial property
What are my funding options?
Whether you’re a first-time property developer, building a property portfolio or a property development business, Life Financial Solutions’ experienced specialist team can help you source the right type of property development finance for your project and the scope of work you need to fund.
Property development finance is funding for either a major new building project or comprehensive renovations. This can include housing estates, luxury homes and office blocks converted to flats. It works for residential, commercial and mixed-use property. It’s usually advanced as a loan towards a land purchase and loan staged payments for development costs in converting a property into flats or house in multiple occupations (HMOs).
Development finance can also be used to cover renovation or restoration costs on property before a developer can recover them by selling or renting it. Within a project, there might also be a particular stage of the build that needs to be completed, such as making the building weathertight, before the developer has sufficient funds available.
Life Financial Solutions can arrange the most competitive development finance for any property type including:
- Residential property development
- Commercial and semi-commercial development
- Property renovation and refurbishment
Please note this is not an exhaustive list.
For more information about raising development finance, contact Life Financial Solutions – the property finance professionals.
Development finance is available be referral only.
Your property may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority do not regulate commercial mortgages.