A step by step guide to development finance.

Not one project is the same and where possible we will tailor our process around your circumstances and from day one enquiry through to completion you will be speaking directly with one of our experienced underwriters.

Residential Development

1. Initial Enquiry
Submit an enquiry by completing the Enquiry Form. If you have a general enquiry you can email us or call us on 0141 332 8884.

Commercial Development

2. Decision in Principle
Providing we can consider your enquiry, we will issue a Decision in Principle within 24-48 hours of receiving your enquiry. The Decision in Principle includes the loan terms and lists what information we require to take your loan to the next stage.

Our Team

3. Valuation
We will instruct a Surveyor to value your site. Where possible we will also arrange a site meeting to meet you personally.

Residential Development

4. Issue Offer and Instruct Solicitors
On receipt of the valuation report, and providing the valuation figures stack up with no major concerns raised we will issue the offer to you and your Solicitor. If any points remain outstanding from the Decision in Principle, we can make these a condition of the offer to speed up the process. We issue instructions to your Solicitor with the offer letter.

Commercial Development

5. Completion
Once the conditions from the offer have been satisfied we will release funds via the Solicitors.

When dealing with an urgent enquiry, we can condition the offer for the valuation report to allow the solicitors to start the legal process to try and allow a quicker turnaround to completion. We have completed a loan within 3 working days from receiving the enquiry but that was an exceptional case and most new enquiries take on average 4-6 weeks to turn round from day one enquiry to completion.

Throughout the process one of our team will keep you up to date with how your case is progressing.

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