Development Finance for Property Projects
Development finance is finance that property developers and project owners may explore for certain construction, conversion, refurbishment or development-related projects. Terms and availability depend on the individual project and provider criteria. Funding Freddie supports structured property-finance assessments for requirements of £100,000 or more.
Funding Freddie is not a lender. It supports structured property-finance assessments for requirements of £100,000 or more, before considering whether a specialist introduction is appropriate.
What Is Development Finance?
Development finance is finance that people may explore in relation to property development projects. It is generally associated with construction, conversion, refurbishment or redevelopment work rather than day-to-day property funding.
Understanding the project, the site or property, expected costs, proposed works, timing and the intended exit is an important part of a development-finance requirement. The exit strategy is the route by which the finance would be repaid or replaced, such as the sale of completed units, a refinance or another stated route.
Different finance routes may be considered depending on the project requirement and a specialist assessment. This page provides general information only, not individual advice or a product recommendation. A specialist will assess whether any finance route may be available, based on the individual requirement and the provider's own criteria. Funding Freddie is not a lender and does not assess suitability or make lending decisions.
Common Situations People May Explore
People may explore development finance when they have a property development project. These are general examples only.
Ground-up construction project
People may explore development finance when planning a new-build construction project on a development site.
Conversion of an existing building
People may explore development finance when converting an existing building to a new use or layout.
Major refurbishment or redevelopment
People may explore development finance for a major refurbishment or redevelopment of a property.
Extension or substantial alteration
People may explore development finance for an extension or substantial alteration project.
Acquisition of a development site
People may explore development finance when acquiring a site or property for redevelopment.
Project requiring staged funding
People may explore development finance when a project may require staged funding during development.
These are general examples only. Whether any finance route may be available depends on your individual circumstances, the stated requirement and current specialist-provider appetite.
What May Be Helpful to Prepare
The following information may be helpful to prepare before starting a Property Funding Assessment.
Project summary and purpose
A clear summary of the project and what the funding is intended to support.
Site or property location and type
The location and type of site or property involved.
Acquisition status
Whether the site or property has already been acquired, where relevant.
Estimated project costs and proposed works
An approximate figure for the project costs and an outline of the proposed works.
Planning status or permissions
The planning status or relevant project permissions, where applicable.
Development experience and project team
Relevant development experience and project team information, where relevant.
Estimated sale value or intended exit route
The estimated sale value or intended exit route, such as sale or refinance.
Approximate funding requirement and timing
An approximate funding requirement and the timing within which it would be required. Funding Freddie supports requirements of £100,000 or more.
Ownership or borrowing structure
How the site or property would be owned or the borrowing structured.
This is general preparation guidance only, not underwriting instructions. You will not be asked to submit sensitive data on this page.
How Funding Freddie Works
A structured assessment process helps you explore your property-finance requirement before any introduction.
Complete a Funding Assessment
Assessment review
Informed introduction
Specialist assessment
Completing an assessment does not guarantee funding, approval, an offer, an introduction, a product, a rate, a term, a timescale, an application, completion, commission or any outcome. Funding decisions remain with the selected provider and are subject to provider assessment and criteria.
Important Points to Understand
Please read these points before starting a Property Funding Assessment.
Funding Freddie is not a lender
Funding Freddie does not make lending decisions or provide finance directly.
Funding is subject to provider criteria
Any funding remains subject to the selected provider's criteria, underwriting and terms.
Project factors may be relevant
Project costs, timing, permissions, property or security and available information may be relevant to what a specialist considers.
No guaranteed outcome
Completing an assessment does not guarantee funding, approval, an offer, an introduction, a product, a rate, a term, a timescale, an application, completion, commission or any outcome.
No individual financial advice
Funding Freddie does not provide individual financial advice or product recommendations.
Development Finance FAQs
Clear answers to common questions about development finance and the Funding Freddie assessment process.
Ready to Explore Development Finance?
Complete a Property Funding Assessment and take the next step toward exploring your development-finance requirement.
No obligation to proceed. Completing an assessment does not guarantee funding, approval, an offer, an introduction, a product, a rate, a term, a timescale, an application, completion, commission or any outcome.