Development Finance For experienced property developers
Over the years we have built up strong relationships with experienced property developers who value our approach to finance. As a mutual society, when you work with us you become one of our members and part of our group. We stay with you for the life of your project and use our expertise to help you deal with unforeseen events.
It was a pleasure working with the team from Saffron on our new build project. Peter and his team were always very approachable, courteous and professional, they always did what they said they would do and the process ran very smoothly.
I will be looking for a new project in the future and my first call for finance will be to Peter and his team. Thanks for all your help.
Who's it for?
Property development finance is for experienced property developers who will sell on to others for profitable gain, the properties they construct.
Self-build mortgages are aimed at individuals building or converting property that they will subsequently occupy themselves. For information on our Self Build mortgages please click here.
How we work
We provide residential property development loans to experienced individuals and housebuilders with knowledge of the market. We’ll consider projects throughout England and Wales, but are particularly interested in sites in London, the South East and East Anglia. Our customers like the fact that we understand the detail of their business and we provide ongoing advice, guidance and support throughout the complete development process.
We don’t just lend and walk away, we are dedicated to the project and we visit the site to ensure we support you as the project progresses. We offer assistance wherever possible to enable you to overcome potential issues, such as unavoidable cost and time overruns.
For us, it’s not just about finance. It’s about lending all of our years of experience to help you achieve a successful outcome.
Many of our customers stay with us and ask for support on subsequent projects. It becomes a partnership. We hope you too will value our dedicated approach and the energy we put into each and every development.
What we can lend:
- We typically provide funding of between £500,000 and £3million, but can be flexible
- 75% of project costs
- 65% of Gross Development Value
Tony Osman, Director of Swindon based Belsize Homes Limited, had been developing residential properties for a number of years, when he saw an opportunity to take his business to the next levelFind out more
Guide to Development Finance
Last year, UK Finance and the Federation of Master Builders produced a new guide designed to help small and medium sized house builders. The guide offers practical advice to smaller housebuilders on how they should present their project to lenders to improve their chances of success, as well as the alternative options available if an application for finance is turned down.
Click on the guide below to download.