All of Your Questions Answered With Our Property Development Finance FAQ

Property Development Finance

If you’re looking to go into the property development market, there are a tonne of questions that you need answered! So, carry on reading to find out more information and advice about finance for starting on a new property.

Click here to view our other loan FAQ’s.

What is property development finance?

Property development finance is funding for new building projects, or comprehensive renovations and you can get authorised for funding for residential, commercial or mixed use properties. Think of housing estates, luxury homes and office blocks.

What fees will I be expected to pay?

This type of finance comes with various fees and will be a good idea to research everything needed before taking out a loan. Always ask an expert that offers finance to see what you have to pay. Find out more.

How much can I borrow?

This will depend on the company that you go with and will be based on a percentage of the gross development value. However, with a private lender you may receive a better service that is tailored to your project.

Hunter Finance is a specialist team of property development lenders and as they lend their own money, you can borrow between £100,000 and £2.5m at competitive rates. Read more information.

Even though I have never developed a property, can I still qualify for finance?

This isn’t out of the question for you. Although most lenders do prefer a developer that has experience, it is still possible without any. This may even be more likely if you plan to employ a team of professionals that will carry out the renovation for you. For advice about planning regulations, click here.

Read More: UK’s Interest Rates

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