Unlike most high street banks, our aim is to give quick decisions regarding funding and we will also look at projects that may not secure bank funding as they are too small for the larger financial organisations to consider.
Our minimum Development Loan is £150,000 and our maximum is £750,000, although higher limits may be considered on an individual basis.
Unlike other lenders, we charge an exit fee based on the amount of the development loan, not on the value of the completed development. This will save you thousands of pounds in fees.
We offer Development Loans on all types of land for residential and commercial developments as well as refurbishment and renovation loans.
Yes, we can use your business property or personal property as security for your development loan.
No, we will give you a free, no obligation quote.
A Development loan creation fee will be payable upon initial drawdown of the funds.
We aim to provide you with the Development finance within a few days, subject to you obtaining a satisfactory valuation.
Yes, you may pay off your Development loan at any time, or you can reduce the outstanding balance by making contributions towards the capital during the loan term.
No problem – you merely need to provide us with adequate security and a viable exit route.
Yes, you may self-certify the Development loan application
Although our solicitors will take care of our legalities and loan documentation, we ask borrowers to seek solicitors’ independent legal advice prior to completion.
Yes, we are a genuine principal lender - we are NOT brokers. Apply to us direct and pay no broker fees.
Development Finance Ltd.
65 Bath Street
Tel: 0141 332 8884
Monday to Friday: 9am-5pm
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