Property Development Finance
Whether you are an experienced developer or undertaking your first project, Create Commercial provides expert guidance and funding support at every stage of the development process. Our experienced management team works closely with clients to assess each scheme in detail, supported by an extensive panel of lenders offering a wide range of development finance solutions.
Every development is assessed on its own merits. Our managers carry out site visits and work collaboratively with you to fully understand the project and structure the most appropriate funding package.
Projects we support
We arrange finance for developments of all sizes and complexities, including:
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Residential developments, from single units to large-scale sites
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Apartments and flats
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Part-completed developments
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Holiday and leisure accommodation
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Residential and commercial conversions
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Commercial developments
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Retail units and office schemes
Development funding is typically structured against the Gross Development Value (GDV), representing the completed value of the project. Funding is provided as a percentage of this figure and can include:
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Land acquisition and build cost funding
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Staged drawdown of funds in line with project progress
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Rolled-up interest with no payments until completion
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Arrangement fees added to the loan
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Flexible loan terms
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Up to 100% funding with additional security
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Mezzanine finance options
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Build warranties
Mezzanine finance and warranties
Where additional capital is required, we can arrange mezzanine finance to increase total funding to up to 90% of overall development costs, including land purchase. Mezzanine facilities are provided by specialist lenders on a second-charge basis, supplementing senior debt.
We also arrange new home warranties for residential developments, offering a 10-year structural warranty approved by the Council of Mortgage Lenders. Warranty solutions are also available for commercial and industrial developments.
