City of London skyline at night
Gradient mask

Property development finance

Free, no-obligation consultation

No upfront fees

Access funds within 24 hours

25 years' finance experience

Access to 100+ lenders


What is a property development loan?

How does development finance work?

  • Development finance is for property developers requiring funds to either build from the ground up on land with planning permission, for conversion projects, or for renovating an existing building.

  • Development finance usually comes with a maximum term of 24 months.

  • In many cases, the lender can provide 100% of the development costs.

  • Principal and interest can be serviced monthly, but development finance providers will often look to roll up the principal and interest until the project is complete and either sold or refinanced into a longer-term finance solution such as a commercial mortgage.

Property development site requiring finance

Product overview

£50,000 – £20,000,000

Rates from 0.4% per month

100% Loan-to-Cost (LTC) available

Ground-up, conversion or refurbishment projects

Up to 24-month term

Lenders prefer experience, but loans are also available to less-experienced developers

Construction workers on the site of a property development

Client case studies

Rectangle gradient

Featured case study: Property developer

A property developer based in Staffordshire approached us after finalising negotiations on purchasing a hotel with planning permission to extend the hotel by adding 14 new apartments to the existing building. The client needed £900k on day 1 to purchase the property with a further £1.5m to develop the new apartments, which he later plans to operate at holiday rentals. After discussing the deal with selected development lenders on our panel that we knew would have an appetite and be able to offer 100% of the development costs on a LTGDV up to 48%, we were able to produce terms to the client the very next day.


After completing valuations, legal’s and other necessary checks the client received the funds within 4 weeks and was able to make the purchase and begin constructing the apartments over a 12-month term. The development loan will be taken out with a longer-term solution such as a commercial mortgage once the building works have been finished.

How can we help your business?

Join our mailing list for the latest news and to gain access to exclusive content...

Where to find us

Clear Idea Finance

Saracens House

25 St Margaret’s Green

Ipswich, Suffolk


Follow us:

  • LinkedIn

Copyright © 2021 Clear Idea Finance Limited. Made of Cheddar.

"Clear Idea Finance" and "Clear Idea" are trading names of Clear Idea Finance Limited, registered in England and Wales, company number 12802771. Registered office address: Saracens House, 25 St Margaret’s Green, Ipswich, Suffolk, IP4 2BN. Clear Idea Finance Limited operates in accordance with the Data Protection Act 1998, ICO registration number ZA798967. A commercial mortgage loan is secured against property, which may be repossessed if you do not keep up your loan repayments. Clear Idea Finance Limited acts as a commercial finance advisor and credit broker and not a lender.