Ground Up Development

Ground-up development loans offer funding based on land value, covering 100% of construction costs and approximately up to 70% of the GDV.

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Excellent
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4.9 Out of 5
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Improve Your Vision with Ground-Up Development Finance

Get on ambitious new-build projects with FinSpace’s specialised Ground-Up Development Finance solutions. Ground-up development involves intricate planning, approvals, and collaboration among architects, builders, and tradespeople. A comprehensive development finance scheme with strategic investment releases is essential to bring your vision to life.

Comprehensive Financing for Land Purchase and Construction

Our Ground-Up Development Finance is tailored to cover the acquisition and construction of land. For projects with a gross development value below 70%, our high loan-to-value plans offer financing for 70% of land and 100% of build costs. While specialised facilities provide the same for 70% of land and 100% of building costs, they may come with higher interest rates, setup fees, exit fees, and stringent underwriting requirements. To secure the most favourable terms, we recommend restricting development finance facilities to 60% of land and 100% of build costs to secure the most favourable terms.

Tailored Solutions for Varied Expertise Levels

Whether you’re an experienced developer or a first-time visionary, FinSpace’s Ground-Up Development Finance has you covered. While many lenders typically require a track record of successful projects, our product considers first-time developers. For those relatively new to the field or with a history of smaller-scale projects, we work with you to ensure access to a capable team with relevant expertise. In such scenarios, the proposed project may be more modest in scale but built on solid fundamentals.

Product Features Include:

How we can help?

As a master broker with access to a vast network of over 130 lenders based in central London, FinSpace is your strategic partner in navigating the complexities of Ground-Up Development Finance. Our team of 30+ experts is dedicated to guiding you through the entire process, from conceptualisation to application packaging. By leveraging our market knowledge, we secure competitive rates and present you with the best deals, empowering you to turn your groundbreaking vision into reality. Request a callback today and let FinSpace be your trusted ally in unlocking the potential of Ground-Up Development Finance.

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