Development Finance

At Trusted Tree Mortgages, we specialize in providing expert advice on non-regulated development finance. Whether you're looking to fund a new construction project, renovate an existing property, or undertake a large-scale development, our team is here to guide you through the process and help you secure the necessary funding.

What is Development Finance?

Development finance is a type of funding specifically designed for property development projects. This can include residential, commercial, or mixed-use developments. Unlike traditional mortgages, development finance is typically provided in stages, with funds released as the project progresses. This ensures that you have the necessary capital at each phase of your development.

When to Use Development Finance

Development finance is suitable for a variety of projects, including:

• New Construction: Funding for building new residential or commercial properties from the ground up.
• Renovations: Financing for extensive renovations or refurbishments of existing properties.
• Conversions: Funds for converting properties from one use to another, such as turning a commercial building into residential units.
• Large-Scale Developments: Capital for large-scale projects, including multi-unit residential developments or commercial complexes.

Why Choose Development Finance?

• Tailored Funding: Development finance is structured to meet the specific needs of your project, providing the flexibility to cover various stages of development.
• Staged Payments: Funds are released in stages, ensuring that you have the necessary capital when you need it most.
• Short-Term Solution: Ideal for short to medium-term projects, development finance provides the necessary funds to complete your development before securing long-term financing or selling the property.
• Expert Guidance: With our specialized advice, you can navigate the complexities of development finance and make informed decisions that align with your financial goals.

Our Services

At Trusted Tree Mortgages, we offer expert advice on development finance to meet your specific needs:

• Project Assessment: We assess your development project to understand its scope, feasibility, and funding requirements.
• Funding Strategy: We help you develop a tailored funding strategy that aligns with your project goals and financial situation.
• Lender Liaison: We assist in identifying and liaising with potential lenders to secure the best terms for your development finance.
• Staged Funding Advice: We provide guidance on managing staged payments to ensure smooth progress throughout your development.
• Exit Strategy Planning: We advise on developing a solid exit plan, whether it involves selling the property, refinancing, or retaining it for rental income.
• Initial Consultation: We believe that every client's needs are unique. During our initial consultation, we will assess your financial requirements, explore your options, develop a tailored plan, and answer any questions you may have.

Important Considerations

• Interest Rates: Development finance interest rates can vary based on the lender, loan amount, and the project's risk profile. It's important to factor these rates into your financial planning.
• Loan-to-Value Ratio (LTV): Lenders typically require a down payment, which affects the loan-to-value ratio. A higher down payment can result in better loan terms and lower interest rates.
• Exit Strategy: Have a clear exit strategy in place, such as selling the developed property or refinancing the loan, to repay the development finance upon project completion.

Why Choose Trusted Tree Mortgages?

• Industry Expertise: Our team has extensive experience in the property development sector, ensuring you receive knowledgeable and relevant advice.
• Personalized Service: We take the time to understand your unique needs and tailor our advice to help you achieve your development goals.
• Comprehensive Support: From initial consultation to project completion, we provide continuous support and guidance throughout the entire process.
• Strong Relationships: We have established strong relationships with a wide range of lenders, enabling us to find the best financing options for your project.
• Commitment to Success: Your success is our priority. We are dedicated to helping you navigate the complexities of development finance and achieve your project objectives.

Ready to explore the opportunities of development finance? Contact us today to schedule a consultation with us. Let Trusted Tree Mortgages help you achieve your property development goals.