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How to fund a development

development finance May 10, 2021

THE QUESTION

Having been offered a plot of land suitable for building four houses, what’s the best way to fund another development?

THE ANSWER

Funding new build developments is simple, you use a development finance lender to lend you 100% of the build cost and then you get creative on how you finance the purchase.

If you have a chunk of cash yourself for the deposit then the development...

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Finance for a new build

development finance Jul 27, 2016

THE QUESTION

I want to get into building a brand new property, what type of finance is needed for this and how does it work?

THE ANSWER

New build projects require development finance and this is structured in a specific way.  Pre-credit crunch this was freely available from the major banks, but they pulled out when the credit crunch hit, with disastrous consequences for many of their...

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