Property Development Finance UK
In short: Development finance funds UK property projects in stages, from £100k to £25M+, based on build costs and the end value (GDV). CoreFi matches you across specialist development lenders for free.
Development finance is funding for building, converting or heavily refurbishing property, released in stages as the project progresses rather than as one lump sum.
Lenders size it against the project costs (land and build) and the gross development value (GDV) once finished, typically funding most of the build costs and a share of the land. It suits ground-up builds, conversions, and refurbishment for sale or refinance. CoreFi matches your scheme to the specialist development lenders most likely to back it, and a broker helps package the appraisal and exit.
Key Benefits
- Stage-released funding tied to the build programme
- Up to ~70% of GDV, most of build costs
- Ground-up, conversion and refurbishment all covered
- Whole-of-market across specialist development lenders
Frequently Asked Questions
How much development finance can I get?
Lenders typically fund up to around 70% of the gross development value and most of the build costs, with a share of the land. The exact split depends on the scheme, your experience and the exit.
Do I need development experience?
It helps and opens up better terms, but first-time developers can still get funded, often with more equity or a monitoring surveyor. We match you to lenders that suit your experience level.
What is GDV?
Gross development value is what the finished project is expected to be worth. Lenders size the loan against it alongside the build costs.
Related Funding Options
Bridging Loans UK
Bridging finance for UK businesses. Loans from £50k to £25M, with simple first-charge cases completing in 5 to 7 working days, and complex cases in 10 to 21 days. Compare rates from 50+ lenders.
Commercial Mortgages UK
Long-term finance for buying or refinancing commercial property. Offices, shops, warehouses, and mixed-use premises for UK businesses.
Bridging Loans for Property Developers
Fast bridging finance for UK property developers. Fund auction purchases, refurbishments, and chain breaks. Completion in days, not months.
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Get matched with lendersCoreFi is a trading name of JG Core Ltd (Company #16218779, England & Wales). CoreFi acts as a commercial finance broker and does not provide regulated financial advice. All products described are unregulated business-to-business finance. Information on this page is for general guidance only and does not constitute a formal offer of finance. Terms, rates, and availability are subject to lender criteria and may change without notice.