Property Development

Considering property development for profit or personal use?

UK real estate projects are expensive, often surpassing available funds. Development finance offers tailored loans for land purchase and construction costs. Don’t let finances hinder your ambitions. Explore development loans and start building.

What is development finance?

Development finance is a term for loans used to support the costs associated with a residential or commercial development project. Unlike long-term property mortgages, development financing is typically short-term, with lifecycles in the range of 6-24 months. Loans can be used to buy land and pay for construction costs, and they are suitable for ground-up new builds, conversions or refurbishments of existing properties.

How much can I borrow?

Development loans start from as little as £200,000. Different lenders have various upper limits. Our team of experts can provide you with options up to £50 million.


What can I use development finance for?

  • Residential property development
  • Commercial/semi-commercial property
  • Renovations/conversions/refurbishment
  • New builds
  • Single-unit developments scaling up to large multi-unit schemes
  • Development exit funding (sometimes called sales period funding)
    – Similar to a bridging loan and typically used to finance a recently completed development until the units are sold or refinanced on a longer term loan facility.
  • Regulated development finance
    – Most development financing is unregulated, but it becomes regulated when more than 40% of the development will be used as a residential dwelling by the borrower.
  • Regulated loans provide consumer protections governed by the Financial Conduct Authority (FCA).
  • Mezzanine development finance
    – A secondary line of borrowing for the same development. Usually used to reduce the need for a large cash deposit. Sometimes called a ‘junior loan’ or a ‘junior mortgage’.

What fees and other costs are involved?

  • Lender arrangement fee – a charge from the lender for providing the finance.
  • Broker arrangement fee – a charge from the broker who functioned as intermediary between borrower and lender, as well as any other professionals involved in the deal.
  • Monitoring surveyor fees, (sometimes called Quantity Surveyor Fees, or QS) – costs to maintain professional surveyor oversight of the development to ensure it complies with building regulations and deal covenants during the term of the loan.
  • Exit fees – a charge applied when the loan is paid off.
  • Legal fees – lawyer costs and fees.
  • Non-utilisation fees – interest is usually charged only on the sum of money drawn from the loan pool. Some lenders may additionally charge a non-utilisation fee to compensate them for funds they have made available to the lender, but which are left unused and not earning interest.
  • Management/admin fees – office costs and fees to manage the loan.

Click below to begin the process of applying for development finance

The types of finance we can offer

We can offer a wide range of funding options that include the following:

Business Loans

Let us help source the right business loans for you

Commercial Mortgages

Funding for commercial mortgages and buy-to-let purchases

Property Development

A range of development finance options catered to your specific needs

Bridging Finance

Funding for that urgent purchase or refinance when time is tight

Residential Mortgages

For individuals who wish to purchase their own home

Invoice Finance

Keep cash flow moving and get paid quicker for your products and services

Portfolio Landlord

For individuals or investors who own a portfolio of properties

Asset Finance

Sourcing the equipment you need without disrupting your cash flow

Buy-To-Let Mortgages

For individuals or investors who wish to purchase residential property to let

Multiply Finance Ltd is a member of the National Association of Commercial Finance Brokers.

Multiply Finance Ltd is a member of the Federation of Small Businesses.

Get In Touch

Our finance experts are on hand to take your call, email or respond to your message.

Multiply Finance Limited,
Censeo House,
6 St Peter's Street,
St. Albans,


Multiply Finance Limited trading as Multiply Finance is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 929261. The FCA do not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Your property may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice, the precise amount will depend upon your circumstances.

Multiply Finance Limited Registered Address: Egale 1 80 St Albans Road, Watford, Herts, England, WD17 1DL Registered in England and Wales No: 12561172

Not all services we offer are covered by the FCA. Click here to read our Privacy Policy statement.

Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.

How to make a complaint - It is our intention to provide you with a high level of customer service at all times. If there is an occasion when we do not meet these standards and you wish to register a complaint, please write to: Compliance Department; Connect IFA Ltd, 39 Station Lane, Hornchurch, RM12 6JL or call: 01708 676110. If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.