Pre-planning development finance for land without planning permission is a risky proposition, which is why in most cases, development finance lenders do not lend until permission is granted.
We work with a selected lenders who are able take a commercial view and provide pre-planning development finance on sites with development potential. The likelihood of getting finance will depend on the following main factors:
- Security value
- The likelihood of planning permission being granted
- Experience of the developers
- Location, quality and profitability of the scheme
- Exit strategy
Quest Commercial Finance is a development finance broker. We assess each pre-planning loan application on its own merits before securing the best terms for your project.