Development financing is a short-term lending solution, often lasting 6-24 months, aimed to help with property purchase and construction costs.
Development Finance Explained
Development financing is a short-term source of capital, often lasting between 6 and 24 months. It is intended to assist with the acquisition and construction expenses of a residential or commercial development project.
This can be a new construction, conversion, or renovation of a single unit or numerous units constructed in multiple phases.
Most development loans are structured so that monthly interest is rolled up and added to the loan. The loan, plus any interest, is then returned in full at the end of the period. This is usually done when you refinance or sell the house. The majority of lenders will need you to apply through a broker.
All Projects
Delivering finance based upon gross development value, development finance provides an opportunity to generate funds for property refurbishment or construction projects.
Whole of Market
As a broker we help our clients find the most appropriate development finance from the market no matter the circumstance.
Offering the Right Advice
Our advisors are experienced, friendly and hold the relevant industry certifications to advise on the right deal for your business. We'll work quickly to provide the loan you need within your completion deadline.
Key Points
- Residential, commercial, and mixed-use
- Ground-up new-build developments
- Development-to-let
- Single and multiple units
Get Advice
Speak to our expert team, we can turn around development finance quickly with the highest standards of service offered to our clients.Find out prices in your area
We compile prices for over 1000 towns and cities in England and Wales. Find out how prices are changing in your area.
| Name | Year | Sales | Average | Change | Median | Change |
|---|---|---|---|---|---|---|
| London | 2022 | 23707 | £832,777 | 6.6% | £579,000 | 4.3% |
| Manchester | 2022 | 5846 | £239,115 | 4.9% | £210,000 | 5.5% |
| Birmingham | 2022 | 5372 | £238,831 | 2.7% | £205,000 | 3.5% |
| Bristol | 2022 | 5203 | £381,314 | 6.4% | £330,000 | 5.6% |
| Nottingham | 2022 | 5051 | £238,683 | 0.8% | £200,000 | 2.6% |
| Liverpool | 2022 | 4340 | £193,346 | 1.3% | £160,000 | 3.2% |
| Leeds | 2022 | 4213 | £248,235 | 2.3% | £205,550 | 2.8% |
| Sheffield | 2022 | 3362 | £226,412 | 0.2% | £182,500 | 1.4% |
| Leicester | 2022 | 3100 | £277,177 | 3.7% | £245,000 | 4.3% |
| Southampton | 2022 | 2778 | £325,451 | 3.4% | £285,000 | 4.4% |
| Norwich | 2022 | 2680 | £312,268 | 4% | £270,000 | 3.8% |
| Stoke-on-trent | 2022 | 2569 | £170,061 | -0.3% | £145,000 | -0.7% |
| Newcastle Upon Tyne | 2022 | 2310 | £223,828 | -2.5% | £170,000 | -2.9% |
| Coventry | 2022 | 2283 | £243,754 | 3.3% | £212,000 | 5% |
| Derby | 2022 | 2271 | £235,647 | 3.5% | £207,500 | 6.4% |
| Doncaster | 2022 | 2268 | £173,600 | -1.2% | £147,250 | -0.5% |
| Hull | 2022 | 2212 | £155,098 | 3.7% | £135,000 | 3.9% |
| Cardiff | 2022 | 2155 | £284,479 | 3.8% | £245,000 | 3.2% |
| Northampton | 2022 | 2126 | £296,604 | 2.9% | £260,000 | 4% |
| Plymouth | 2022 | 2105 | £235,494 | 2.6% | £210,000 | 7.7% |
| Preston | 2022 | 2096 | £201,013 | -3.9% | £174,500 | -3.1% |
| Reading | 2022 | 2087 | £442,814 | 1.7% | £379,950 | 2.7% |
| Bradford | 2022 | 2081 | £149,188 | 3.1% | £130,000 | 4% |
| York | 2022 | 1898 | £329,658 | 1.2% | £282,638 | 2.8% |
| Bolton | 2022 | 1805 | £195,036 | 2.4% | £160,000 | 3.9% |
| Swindon | 2022 | 1777 | £282,674 | 4% | £255,000 | 4.9% |
| Swansea | 2022 | 1706 | £209,021 | 2.3% | £170,000 | 3% |
| Stockport | 2022 | 1705 | £307,789 | 1.6% | £260,000 | 2% |
| Peterborough | 2022 | 1691 | £259,360 | 2.5% | £230,000 | 4.6% |
| Colchester | 2022 | 1677 | £339,984 | 0.4% | £305,000 | 1.7% |
| Lincoln | 2022 | 1640 | £239,924 | 0.3% | £210,000 | 2.4% |
| Newport | 2022 | 1625 | £225,272 | 1.9% | £192,000 | 1.1% |
| Bournemouth | 2022 | 1589 | £334,140 | 3.2% | £295,000 | 3.9% |
| Milton Keynes | 2022 | 1479 | £347,062 | 4.3% | £305,000 | 1.7% |
| Ipswich | 2022 | 1466 | £290,998 | 2.1% | £250,000 | 2% |
| Barnsley | 2022 | 1451 | £161,122 | 2.4% | £140,000 | 3.7% |
| Warrington | 2022 | 1445 | £240,242 | -0.5% | £205,000 | -1.4% |
| Wigan | 2022 | 1411 | £174,829 | -1.9% | £155,000 | 1.3% |
| Rotherham | 2022 | 1401 | £164,467 | -1.9% | £140,000 | -2.3% |
| Cambridge | 2022 | 1373 | £529,841 | 10.3% | £435,000 | 5.7% |
| Wolverhampton | 2022 | 1363 | £231,184 | 1.9% | £198,990 | 4.7% |
| Cheltenham | 2022 | 1307 | £410,387 | 2.7% | £320,000 | 1.6% |
| Middlesbrough | 2022 | 1306 | £142,990 | -3.1% | £115,500 | -3.8% |
| Gloucester | 2022 | 1293 | £270,979 | 2.6% | £250,000 | 4.2% |
| Brighton | 2022 | 1274 | £473,258 | 6.6% | £412,500 | 4.8% |
| Bedford | 2022 | 1263 | £369,954 | 3.6% | £325,000 | 3.2% |
| Blackpool | 2022 | 1261 | £136,569 | 1.2% | £122,000 | 3.2% |
| Wirral | 2022 | 1254 | £283,283 | 5% | £225,000 | 1.1% |
| Chesterfield | 2022 | 1236 | £209,293 | 2% | £176,000 | 1.9% |
| Chelmsford | 2022 | 1230 | £422,278 | 1% | £380,000 | 2.7% |
| Huddersfield | 2022 | 1218 | £205,774 | -1.3% | £168,000 | -1.2% |
| Sunderland | 2022 | 1180 | £153,516 | 0.6% | £125,000 | 0% |
| Poole | 2022 | 1157 | £445,194 | 1.1% | £330,000 | 3.1% |
| Oldham | 2022 | 1154 | £190,613 | 1.5% | £166,000 | 3.8% |
| Wakefield | 2022 | 1150 | £220,801 | -0.5% | £187,500 | 1.4% |
| Stockton-on-tees | 2022 | 1149 | £157,999 | -3.3% | £139,500 | -0.4% |
| Exeter | 2022 | 1132 | £356,280 | 10.1% | £297,250 | 6.2% |
| Ashford | 2022 | 1104 | £371,654 | 4.7% | £325,000 | 3.2% |
| Solihull | 2022 | 1071 | £420,748 | 3.7% | £345,000 | 1.5% |
| Walsall | 2022 | 1066 | £219,542 | 3.1% | £186,000 | 2.8% |
| Luton | 2022 | 1065 | £300,068 | 3.5% | £295,000 | 7.3% |
| Mansfield | 2022 | 1051 | £177,609 | 0.8% | £157,500 | 1.6% |
| Romford | 2022 | 1047 | £413,384 | 6.1% | £405,111 | 8% |
| Maidstone | 2022 | 1019 | £375,091 | 1% | £335,000 | -0.6% |
| Eastbourne | 2022 | 1011 | £322,102 | 4.7% | £293,950 | 6.9% |
| Chester | 2022 | 1009 | £285,316 | 2% | £240,000 | 0% |
| Grimsby | 2022 | 1005 | £163,110 | 0.9% | £145,950 | 4.2% |
| Telford | 2022 | 996 | £201,594 | -3.7% | £180,000 | -1.3% |
| Worcester | 2022 | 989 | £296,782 | 1% | £250,000 | 0% |
| Burnley | 2022 | 919 | £131,225 | -0% | £106,000 | 3.4% |
| Aylesbury | 2022 | 901 | £411,420 | 3.8% | £360,000 | 5.9% |
| Worthing | 2022 | 872 | £381,051 | 2.1% | £355,000 | 7.6% |
| Kettering | 2022 | 871 | £268,321 | 3.4% | £243,000 | 6.6% |
| Carlisle | 2022 | 858 | £163,151 | -3.4% | £135,000 | -4.9% |
| Durham | 2022 | 857 | £174,961 | -2.7% | £130,000 | -8.8% |
| High Wycombe | 2022 | 851 | £458,145 | 1.8% | £400,000 | 3.9% |
| Portsmouth | 2022 | 847 | £265,716 | 6.2% | £245,000 | 7.2% |
| Darlington | 2022 | 830 | £160,414 | -2.5% | £130,000 | -3.7% |
| St Helens | 2022 | 828 | £158,957 | 3.8% | £140,000 | 3.7% |
| Shrewsbury | 2022 | 827 | £288,905 | -0.6% | £247,500 | 0% |