Development finance in Cardiff
CoreFi arranges development finance for Cardiff property projects, from ground-up builds to conversions and regeneration schemes. We are a broker, not a lender, and search a whole-of-market panel to match your project to specialist funders. The lender decides on funding and terms, and all figures are illustrative only.
Development finance funds the build itself, releasing money in stages against land, construction costs and professional fees as a scheme progresses, then repaying once units sell or the completed building is let and refinanced. In Cardiff that spans the long waterfront regeneration of Cardiff Bay, city-centre schemes around Central Square and Callaghan Square, and smaller residential conversions across suburbs like Grangetown, Canton and Roath.
CoreFi arranges this finance as a broker; we do not lend. Development lending is specialist, and appetite varies sharply between funders by scheme type, location, experience and exit. We look across a whole-of-market panel to find lenders likely to back your particular project on workable terms. The lender always makes the final decision on funding and pricing, and any rates, loan-to-cost or loan-to-value figures we mention are indicative and illustrative only.
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Share the scheme and the numbers
Tell us the site, the build type, the costs, your experience and the planned exit, whether that is a conversion in Canton or a mixed-use block near the bay. We assess how it is likely to present to funders.
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We approach the right development lenders
We match the scheme to funders on a whole-of-market panel with genuine appetite for that type, location and size, then package it. Any loan-to-cost or rate figures are illustrative only until a lender offers.
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You compare offers and draw down in stages
We explain the terms and drawdown structure in plain language and support you through valuation and monitoring. The lender decides whether to fund and at what price.
Waterfront and city-centre schemes
Cardiff's larger regeneration story runs along the waterfront at Cardiff Bay and through the city core around Central Square and Callaghan Square, where offices, residential and mixed-use blocks have reshaped the area near the railway station. Ground-up development on sites like these needs finance that draws down in stages against agreed build costs and a credible exit, whether that exit is unit sales or a refinance onto a commercial mortgage once let. We help Cardiff developers present the scheme, the costs and the exit clearly to funders on our panel who have genuine appetite for city work of that scale.
Residential conversions and smaller schemes across the suburbs
Much of Cardiff's development activity is smaller and residential: converting older stock in Grangetown, Canton, Cathays and Roath, splitting large houses into flats, or building out infill plots. These schemes still need staged development funding, and the lenders that suit a two-or-three-unit conversion are usually different from those chasing large city blocks. We match the size and nature of the scheme to appropriate funders on a whole-of-market basis, which matters most for developers early in their track record who need a lender comfortable with their experience.
Bridging to move quickly, then a route out
Cardiff's property market moves fast, and developers often need to act on a site, an auction lot or a broken chain before longer-term finance can be arranged. Bridging finance can fund that speed, then be repaid by a development facility, a sale or a commercial mortgage. The critical part is a realistic exit, because bridging is short-term and priced accordingly. We help Cardiff clients line up the bridge and the exit together so the two work as one plan, with a whole-of-market panel behind both and the lender setting final terms.
Frequently asked questions
What does development finance cover in Cardiff?
It funds ground-up builds, conversions and refurbishments, releasing money in stages against land, build costs and fees. We arrange it for schemes across Cardiff, from waterfront blocks to suburban residential conversions.
Can you help first-time or less-experienced developers?
Often, yes, though appetite varies by lender and a credible scheme and exit matter most. We look across a whole-of-market panel for funders comfortable with your level of experience. The lender makes the final decision.
What is the difference between development finance and bridging?
Development finance funds a build in stages; bridging is short-term finance to move quickly, later repaid by a sale, refinance or development facility. We can help arrange either, or both together, with the lender setting terms.
Do you lend the money for the build?
No. CoreFi is a broker, not a lender. We arrange development finance by matching your Cardiff scheme to specialist funders across a whole-of-market panel, and the lender decides on funding and pricing.
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