Call us today on 0800 470 0430

3 February 2025

We’ve cut our development finance rates again!

To boost housing growth, our development finance rates now start from just 9.1%!

development finance

As a leading funder in the SME residential development market, we’ve today cut our development finance rates again, to a new headline rate from just 9.1%. This significant rate reduction comes just a couple of months after our previous rate cut in October last year.

For us, we believe we need to pass on interest savings immediately to allow developers to access larger, improved day 1 loan advances and get on site quicker.

While offering developers a competitive interest rate is important, we back this up with a range of product features, all designed with the developers’ needs in mind. For example, we also offer up to 70% LTGDV – a % rate above the majority of our competitors, as well as 24 hour credit decisioning on simple transactions.

This package, alongside reduced costs, is aimed to give developers the confidence to move more stock through the system and drive housing delivery across every region of the UK.

At Assetz Capital, we understand that housing stock development remains a major challenge. The Government’s approach to planning system reforms are welcomed but ultimately will take time to implement. We believe that our reduced development finance rates from 9.1% will help to boost confidence to make that next site acquisition now, or fund that next phase of a scheme immediately.

At Assetz Capital our goal is a simple one – 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.

Through launching our new development finance rates now, we’re ahead of the Bank of England curve because we recognise the urgency developers face in getting projects off the ground. By passing on rate reductions, 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 development finance rates and quick decisioning provide an ideal solution. Through 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].

Alternatively, simply complete the form below and one of our expert team will get straight back to you.