Development finance rate cut designed to drive housing growth.

Assetz Capital, a leading funder in the SME residential development market, has cut its development finance rates again to a new headline rate from 9.1%. This significant rate reduction comes just months after a previous rate cut in October last year.
Andrew Fraser, Chief Commercial Officer at Assetz Capital, commented, “We need to pass on interest savings immediately to allow developers to access larger, improved day 1 loan advances and get on site quicker.
With 24 hour credit decisioning on simple transactions alongside reduced costs, developers will have the confidence to move more stock through the system and drive housing delivery across every region of the UK. Developers deserve fair costs, speed and certainty of funding from 9.1%.”
Fraser continued, “Housing stock development remains a major challenge. The Government’s approach to planning system reforms are welcomed but ultimately will take time to implement. Assetz Capital reducing development finance rates from 9.1% will help to boost confidence to make that next site acquisition, or fund that next phase of a scheme. Our goal is simple: to enable more homes to be built faster. Plus of course we want to help developers keep more of their hard-earned profits, through affordable and fair borrowing costs.”
Assetz Capital’s fast-track finance process, including decisions within 24 hours for straightforward cases, gives developers the speed and certainty they need to take projects forward without delays. Combined with the company’s enhanced Day 1 land advance of up to 70% LTGDV, developers can secure vital funding at the outset of their projects, reducing financial stress and enabling a smoother build process.
Andrew Fraser added, “We’re ahead of the BoE curve because we recognise the urgency developers face in getting projects off the ground. By passing on rate reductions now, we’re not only helping developers save on costs, but we’re also ensuring brokers and their clients can seize opportunities in a challenging market. We’re here to be the dependable, nationwide partner they need.”
At a time when the UK faces a pressing need for new homes, Assetz Capital’s lower rates and quick decisioning provide an ideal solution. Offering competitively priced finance on a par with challenger banks, Assetz Capital’s funding is tailored to support developers in England, Scotland, Wales, and Northern Ireland. This nationwide approach ensures that fair, affordable finance is available to SME housebuilders wherever they operate. With over £1.7bn deployed since 2013, including funding for 1 in every 12 SME-built homes, Assetz Capital has established itself as a leader in supporting sustainable and profitable development projects.
If you have a development project that needs financing, then why not call our New Business Team on 0800 470 0430. Or you can email them using [email protected].
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