Property Development Finance

Everything we do is focused on providing the kind of financial agility needed to seize development opportunities.

That's why we support you with:

• Loans for new build, conversion, or refurbishment developments from £1m to £25m, including residential either for sale or retention, pre-let/sold commercial, mixed use and purpose-built student accommodation schemes
• Lending up to 85% loan to cost or a maximum of 60% of the gross development value (GDV)
• Fast turnaround time for payments made - funds usually paid out within 1 working day of receiving draw-down request
• Flexible loan terms up to 30 months
• Competitive fixed interest rates set on a deal by deal basis
• One stop shop – we offer term debt facilities through our commercial mortgage offering for developers looking to retain or hold the developed scheme.

Have any questions or want to start your application? Our team is here to help.

When it comes to purchasing land and property for development, we know how important cash flow is. That’s why, as part of our drive to continually support SME housebuilders and developers, we offer VAT Loans – reducing the day one cash flow burden for eligible customers taking out a new Aldermore Development Finance facility.

• VAT loans are available on purchases of land and property elected for VAT in conjunction with a new Aldermore Property Development Finance facility 
• Loan term of 4 months