Development Finance

Development finance is a property loan product used to fund the cost of new build developments, extensive renovations, and conversions of residential and commercial properties. Ideal for property developers and investors looking to add value and profit from their property investments.

Quest Commercial Finance is an independent property development finance broker with access to lenders across the UK. Each lender has their own development loan terms and lending criteria. We spend the time with our clients to understand their project, plans and funding requirements in order to match them with the right lender and negotiate the best development loan rates.

Who is development finance available to?

Individuals, Partnerships, Limited companies, Offshore companies, Foreign nationals, expats, and Trusts.

Residential development loans features

Development Type New builds, conversions, or refurbishments
Minimum Loan Amount £200,000
Maximum Loan Amount £25,000,000
Maximum Loan to Value (LTV) 70% including fees and interest (higher LTV with additional security)
Maximum Loan to Gross Development Value (LTGDV) 65-70% including fees and interest
Build Costs Up to 100% on stage payments paid in arrears upon QS certification
Loan to Cost (LTC) Up to 90%
100% Development Finance Available with additional security
Loan Term Build 12-24 months plus 6-12 months marketing
Security First charge.

Second charge; directors personal guarantees; mortgage debenture on a case by case basis.

Arrangement Fees 1-2% of gross or net loan amount
Exit Fees 1-2% of gross, net loan amount or GDV
Development finance rates From 4.5% per annum (on drawn balance)
Monitoring Surveyor A Quantity Surveyor to be appointed to produce the initial due diligence report to include an assessment of build costs, the professional team and project viability
Repayment From refinance onto term loan or sale of property
Facilities Extensive finance facilities available
Lenders As a specialist property finance broker, we access the whole of market
Planning permission Preferred. Land loan without planning consent possible with extra security
Mezzanine finance Third party mezzanine finance considered
Development loan with no experience Yes – with a strong professional team and contractor

Our commitments

Attention to detail

We carry out a comprehensive fact find to understand your project and goals. This ensures a strong and comprehensive bridging loan application, informed credit decisions and faster completion.

Service quality

As a whole of market bridging finance broker, we approach lenders offering the best Bridging loan terms for your project; liaise with all parties, update and support you from application to completion.


As an FCA regulated credit broker, we follow strict guidelines and procedures to ensure out customers are treated fairly and that we act professionally at all times in the interest of our clients.

Complete service

We can assist with the refinancing of the bridging loan onto a lower cost traditional development or BTL loan following repayment.

Contact us to discuss your borrowing requirements

Call us on 020 8988 1102 

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