Development Finance
Proudly Funding UK Projects
UK development loans are a form of financing specifically designed to fund property development projects across the United Kingdom. These loans are tailored to meet the unique needs of developers who require capital to acquire land, finance construction costs, and complete development projects. Here’s a detailed explanation of UK development loans:
If you are involved in the building industry or make a living from property development and refurbishment, then the good news is that funds are available for profitable projects which fit criteria. Property Development and Refurbishment loans are provided from £50K upwards.
Build Synergy Capital solve all your problems and ensure the success of your projects. So, if you’re looking at how to finance your next development project we might just be exactly what you are looking for!
Under normal circumstances, we provide loans equivalent to 70% of the estimated GDV of the project however, for experienced developers and if additional security is made available we can often provide funding up to 100% of all site purchase, development and finance costs. We can also introduce mezzanine loans secured on a 2nd charge to provide any additional ’top up’ funding.
Light & Heavy Refurbishments
Light refurbishments are usually defined as cosmetic changes to a property such as replacing a kitchen, rewiring, or redecorating. By contrast, heavy refurbishments are when structural changes are being made to the property, especially those that may require planning permission.
Lenders have different products, rates and criteria for both light and heavy refurbishment deals, this reflects their differing appetite for certain types of projects. For example, we have lenders on our panel who have a very strong interest in community projects or eco-friendly developments.
Because we have such a large lender portfolio we are able to source the best possible rates and deals for your specific requirements and unique situation. From mainstream high-street banks to specialist lenders.
How We Can Help Your Project Succeed!
- Unrivalled Access To Capital: Securing the necessary funds for property development projects can be a significant hurdle, especially for new developers. We provide instant access to a vast network of over 300 lenders, ranging from premier banks to specialist lenders and private equity providers, ensuring a diverse range of financing options tailored to your project. Don't waste time and money with the wrong finance solutions and failed applications, let us maximise your profit from the outset!
- We Improve Your Chances Of Success: Meeting stringent criteria set by lenders, such as banks and financial institutions, can be challenging. We use our expertise and established relationships with lenders to help you maximise your chances of successfully securing funding for your projects.
- Overcome High Borrowing Costs: the cost of borrowing can be high, impacting project profitability and feasibility. We provide bespoke solutions that may not be available to the open market so that you benefit from personalised financing solutions crafted to match the unique requirements of your property development project, and ensuring optimal terms and rates that align with your goals.
- Market Volatility: Property markets and wider economic conditions can be unpredictable, and securing financing may be influenced by fluctuations in property values and market conditions. We navigate you through the minefield, limit your risk, and help you move quickly and decisively with confidence that you have secured the best funding options in the marketplace.
- Overcome Funding Problems For Large or Complicated Projects: Lenders conduct rigorous risk assessments, and if your project is perceived as high-risk, obtaining financing becomes more challenging. We specialise in finding solutions for even the most complicated schemes and projects that require high levels of capital. Through our experience and strong relationships with a huge range of lenders we can package your proposals in a way that maximises success. If it can be done we will find a solution for you!
- Overcome Planning and Approval Delays: Delays in obtaining planning permissions and project approvals can disrupt project timelines and affect the ability to secure timely financing. We can help you navigate the issue and provide funding solutions to resolve your issues.
- Overcome Your Limited Track Record: New property developers may struggle to demonstrate a successful track record, making it harder to gain trust from lenders. leverage our already established relationships with lenders to source a solution. If funding can be achieved we can help you find it!
- Overcome Competition for Funding: In competitive property markets, multiple developers may be vying for the same pool of funds, increasing competition for financing. Our already established relationships with a pool of 300+ funders ensures your proposal is at the top of the pile!
- Finding Your Perfect Exit Strategy: Lenders often require a clear and viable exit strategy, and developers may find it challenging to develop and present a compelling plan for repaying or exiting the financing. We can source the very best solutions in the market and ensure your exit strategy leads to success.
- Ensuring Environmental and Sustainability Standards: Increasing emphasis on environmental and sustainability standards may add complexities and costs to projects, influencing financing availability. We have relationships with funders who look favourably on your efforts to work sustainably.
- Overcome Construction Cost Escalation: Escalating construction costs can strain project budgets, necessitating additional financing or making projects less attractive to lenders. With our extensive construction industry experience we can help you find the right funders who are empathetic to the challenges of modern day construction.
- Time Efficiency: Time is money! skip the exhaustive search for the right capital solution. Our already established network and streamlined process saves you valuable time, enabling a swift and efficient financing experience, crucial in the fast-paced world of property development. Never miss an opportunity because you have no finance in place again!
- Instant Access to The Most Competitive Rates: Leverage our strong relationships with lenders to quickly secure the most competitive interest rates available, maximizing your profitability and minimising the financial burden on your project.
- Access To Flexible Financing Options: Whether you're seeking Development Finance, Mezzanine Funding, Bridging Loans, or other capital solutions, our diverse range of financing options allows us to guide you to the most suitable and profitable approach for your project and ensure you maximise profit and don't make costly mistakes.
- Customized Terms: Leverage our unique relationships with lenders to ensure you enjoy the flexibility of customised loan terms tailored to the unique demands of your property development, providing a financing structure that aligns seamlessly with your business strategy that may not be available to other applicants.
- Strategic Partnerships: Benefit from our established relationships with key industry players. Through our Chartered Construction Management Consultancy division we can connect you with professionals and services beyond financing, creating a holistic support system for your project.
- Dedicated Client Support and Lender Relationship Managers: Experience unparalleled support from a team committed to your success. We go above and beyond to ensure your needs are met, fostering a relationship built on trust and reliability. Use our relationships with lenders and partnership approach to catapult your credibility!
- Proven Track Record: Rely on a market-leading specialist Construction loan broker with a proven track record of successfully securing financing for a diverse range of property development projects, demonstrating our ability to deliver tangible results. If capital can be raised for your project we can raise it best!
- Over 20 Years of Construction Management Experience: Access the unparalleled advantage of our extensive construction management experience spanning over two decades. Benefit from insights, efficiencies, and strategies honed through years of successfully navigating the complexities of construction projects.