Development Finance
Development Finance for Residential and Commercial Projects
Development finance is designed to support property projects from initial purchase through to construction or refurbishment. It is used for new builds, conversions and redevelopment of existing sites. Funding is released in stages as the project progresses. This allows you to access capital at key points while keeping the build aligned with agreed milestones. A clear plan, defined costs and a structured funding approach are essential. These help ensure the project remains on track from start to finish.
Typical Uses of Development Finance
Development finance can support a wide range of residential and commercial projects. It is commonly used for:
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New build residential developments
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Conversions and major refurbishments
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Housing schemes and multi-unit projects
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Commercial or mixed-use developments
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Land purchases with planning in place
Lenders will assess the project in detail, including location, demand, planning status and expected end value. Each project is reviewed on its own merits, so a well-prepared application is important.
How Development Finance Is Structured
A clear understanding of your project, timeline and funding requirement is key when arranging development finance. Your plans, budget and exit strategy are considered carefully before proceeding.
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Review your project scope and build costs.
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Assess planning status and development timeline.
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Evaluate the projected end value (GDV).
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Identify lenders suited to your project type.
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Structure and manage the application through to completion.
This approach helps ensure your development is supported by funding that is realistic, structured and aligned with your goals. If you are planning a property development, speak to our advisers at Intra Mortgage Solutions for clear and straightforward guidance.