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Finance solutions · Scotland & UK

Development finance

Finance to support a build or refurbishment, from the initial plan through to completion.

Discuss your options

Turn development plans into progress

Development finance is designed to support ground-up construction and substantial refurbishment. Funding is often released in stages as work progresses. KRD Commercial helps you discuss the project with lenders and explore how the funding can be structured.

How it could help

  • Ground-up property development
  • Heavy refurbishment and conversion projects
  • Staged funding aligned with project progress

What to consider

Expect lenders to review the project appraisal, planning position, build budget, experience and proposed exit. Finance structures can involve senior debt, mezzanine funding and developer equity. Monitoring and staged drawdowns may apply.

Your questions, answered

Is funding paid in stages?

Development facilities are typically drawn in stages. Drawdowns may depend on progress and monitoring requirements agreed with the lender.

What information should I prepare?

An outline of the site, planning status, project costs, timescale, development experience and intended sale or refinance will help start the discussion.

KRD Commercial is a broker, not a lender. Finance is subject to status, affordability checks and lender criteria. Fees may apply. Security and/or personal guarantees may be required. Your property or other assets may be at risk if you do not keep up repayments on a loan or mortgage secured against them.

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