Property Development Finance

If you're an experienced property developer or house builder looking for funding for your next development, why not try Aldermore?
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You could get a property development loan with us for new build properties, or redevelopments including conversions and refurbishments in England, Wales, or Scotland.

We understand that experienced property developers and house builders like you are fundamental to help increase housing supply for first time buyers and home movers, and to support renters in areas where demand is high. So talk to us today to find out more about how we could help you make your property development plans a reality.

We'll support you from application until your development is complete, with a dedicated Property Development Manager who will take the time to get to know your plans and be involved in each stage of your development, including regular visits to your site.

Why Choose Aldermore?

We know every aspect of your development is important and timings are critical to keep things moving.

That's why we support you with:

  • Fast turnaround of your application, giving you an approval in principle in as little as 24 hours
  • Market leading timescale for releasing the funds for your development
  • Lending up to 75% Loan to Cost or a maximum of 60% of the Gross Development Value (GDV)
  • Flexible terms based on your development plans
  • Loans for new build, conversion, or refurbishment developments from £500,000, including mixed use and student accommodation developments
  • Flexible loan terms up to 24 months on simple or complex developments
  • Interest rates set on a deal by deal basis – please talk to us to find out more


Moneyfacts Best Development Finance Partner Winner 2015

"Aldermore's team have been great and so enthusiastic. It's been great to work with them as they are proactive and we deal with them in person – either face to face or on the phone. They have been very quick to deal with any issues and it’s nice that they have been as excited as us about the development."

Anthony McCourt, Director of Gethar Ventures, on their property development finance partnership with Aldermore.

How do we work out how much you can borrow?

Here's an example to show our lending policy in practice:

Ben* is currently carrying out his second development in the South West with funding from Aldermore. 

He obtained planning consent for 44 residential units to be built on an existing 2 storey block to create a 4 storey building.

Total costs were £5.115m to complete the development and a forecasted end value (GDV) of £6.650m. Ben obtained terms from a High Street funder willing to lend a maximum of £3m (60% of costs).

Aldermore were able to provide 75% of costs and also roll up interest giving a total facility of £3.990m equating to 60% of GDV.

Ben therefore only had to contribute circa £1.3m of funds himself as opposed to £2.115m if he had taken the High Street option.

Additionally, during the build, Ben had the comfort of knowing Aldermore would pay out development funds within 24 hours of receipt of QS report, ensuring cash flow is maintained and his on-site team can get on with the development as planned.

*This is an example to show how our lending policy works, please note the customer’s name has been changed to protect their details and all applications will be reviewed on a case by case basis.


Where do you want to build next?

We want to hear about your development ambitions

Talk to us to see how much you could borrow and take the first hassle free step of a supportive and efficient property development finance partnership.

We lend to individuals, sole traders and partnerships (including LLPs) as well as Limited and PLC companies, so whatever your setup if you’re an experienced developer or house builder let us see how we can support your plans.


Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your funding.