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Development Finance

Whatever your project, Assetz Capital cou structure the development finance you need to get your ambitions off the ground.

We understand that every deal is unique, with its own set of challenges and complexities and by using our decades of collective experience and specialist knowledge, our expert team will be right by your side to get your development completed.

From care homes, Purpose Built Student Accommodation (PBSA), through to residential developments (both properties and apartment blocks). Plus, we don’t just fund ground up developments and are expert in conversion, refurbishment and reconfiguration projects.

Whatever your project, we’re here to help your business grow with tailor made development finance.

If you have a development finance deal in mind, why not call us now on 0800 470 0430 or simply click the ‘Development finance enquiry’ button and we’ll get straight back to you.

Development finance key lending criteria

We want to help your business flourish and so each of our development finance deals is structured and priced on its individual merits.

Being truly flexible, we will consider arrangements outside those shown in the table below.

Whether that’s lending to first time developers with an experienced project manager, or calculating on loan to gross development value rather than loan to cost, our team are highly experienced and take a common sense approach.

Indicative termsKey features
Commitment termUp to 3 years
Amortisation profile Bullet repayment / from sales proceeds.
Maximum LTGDV70% (including interest).
Preferred loan size£1m – £10m.
Rate (dependent on risk and loan size).From 10.95% p.a.

(Criteria updated July 2024.)

Development Finance with Assetz

Why Choose Our Development Finance?

Why not watch our short video about our development finance? Simply click the ‘play’ button opposite.

 

Higher initial, day 1 advances. We understand that cashflow is vital at the start of a project and that’s why we offer higher advances from day 1 – giving you greater confidence to manage your supply chain and liquidity at the time you need it most. Our national team of Regional Directors will be able to explain how we structure our development finance when you meet them.

Regional Directors right by your side. We understand that every development is unique with its own set of challenges and that’s why we have a team of highly experienced Regional Directors who will be by your side every step of your project. They live in your region and so understand the dynamics of the local market.

Dedicated Development Monitoring Director. As well as providing you support from your Regional Director, Jonathan Witter, our Development Monitoring Director, will be on site with you on a regular basis as well as managing the external monitoring surveyors who produce their valuation reports every month for the drawdown of funds.

Decision making by humans. Our lending decision making with development finance is driven by our practical,  common sense approach rather than a computer checklist. We consider each project on its individual merits and will happily work alongside a first time developer or a seasoned professional. We evaluate on a LTGDV (loan to gross development value) basis rather that LTC (loan to completion) which means that we are more flexible in the terms we offer. We also factor in the level of presales into our assessment.

What our development finance clients say about us

Amor Homes Ltd
Amor Homes Ltd

Assetz Capital have always been very honest and very transparent. The in-house team have been very helpful and pro-active. Funding has been incredibly useful for us and we’re delighted to have been able to continue our building work through it.

Dave Bracegirdle
Amor Homes Ltd
Forge Care
Forge Care

Without Assetz the project wouldn’t be happening, it’s as simple as that. They’ve both been really supportive and overwhelmingly positive. Assetz were creative in finding ways to make it smooth. Having that support was really important, they were always there, and we can’t thank them enough.

Gavin Miller
Forge Care
Aspire Homes
Aspire Homes

Assetz Capital have been great throughout, they understood our vision and supported us during the entire process. Their knowledge of the market and desire to support house-builders has made us feel valued and we look forward to continuing our relationship with them.

Paul Whitehead
Aspire Homes
Olam Holdings Ltd
Olam Holdings Ltd

Had we not stuck with Assetz Capital and the CBILS scheme, we would have struggled – there were no comparables. Using Assetz, we were able to see beyond the lockdown. They’ve essentially rewritten the rules of lending and in a very short timescale.

Paul Waterworth
Olam Holdings Ltd
Progressive Living Developments
Progressive Living Developments

We are delighted to work with Assetz on this project. Their way of funding makes so much sense. We are happy to deliver much-needed housing and contributing to the regeneration of the NOMA district.

David Fairclough
Progressive Living Developments
The Studios24
The Studios24

It’s been amazing to watch our dream of bringing co-living to Wolverhampton become a reality. Now, we have completed phase two and move on to the next phase, enabling us to offer more rooms to people looking for great value high quality accommodation.

Barry Glantz
The Studios24

Development finance quick enquiry form

If you have a development finance project you’d like to discuss, why not complete our quick enquiry form below and we’ll get straight back to you.

Or, why not give our expert team a call right now on 0800 470 0430.

Quick enquiry form

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