Residential development finance
Funding for ground-up residential schemes, from a single new-build unit to a multi-plot development, structured across the capital stack you need — senior debt alone, or senior plus mezzanine or JV equity.
What is residential development finance?
Residential development finance funds the construction cost of new residential units, released in stages against a monitoring surveyor's certificate as the build progresses. It covers everything from a single infill plot to a multi-phase estate.
Leverage and pricing depend on scheme size, your track record, and whether you are funding with senior debt alone or layering mezzanine or JV equity on top — see the capital stack products for how those combine.
Who it's for
Developers building single or multi-unit new-build residential schemes.
Developers with a resolution to grant or full planning consent for a residential scheme.
First-time and experienced developers alike — lender appetite and leverage vary by track record.
How it works
Eligibility
Full or detailed planning consent is preferred; some panel lenders will consider outline consent or a strong resolution to grant. First-time developers are considered, typically at more conservative leverage or alongside an experienced contractor.
Costs
Rate and fees reflect scheme size, leverage and your development track record. Indicative figures — subject to status, valuation and lender criteria.
When to use residential development finance vs. the alternatives
Questions on residential development finance
Can I get residential development finance without planning consent?
Most senior lenders require at least a resolution to grant; a smaller number on the panel will consider outline consent or pre-application feedback for strong schemes.
Do I need previous development experience?
It helps but isn't always essential — first-time developers are funded, typically with more conservative leverage or a requirement for an experienced project manager or contractor.