New Build Residential Development Loans
WHAT WE OFFER
There’s no doubt about it – Small Building Firms and Private Property Developers are the key to relieving the UK’s current housing shortage.
They’re the ones who can quickly and efficiently get homes built and they’re the ones who have the passion and drive to make it happen by bringing forward smaller sites for development with faster build out of new supply that can be quickly absorbed into the local market.
The trouble is that small builders often have difficulty getting their developments financed. This is where we can help. We’re experienced in structuring development finance and bridge lending and will offer the potential of small builders a greater priority through 2024 and beyond with the right advice, support, and reliable ACCESS TO FUNDING.
We are a New Build Residential Development Loan Specialist ready to help you unlock the capital you need – fast, flexible & tailored to your Project.
Are you a property developer, SME housebuilder, or small construction firm seeking development funding for a residential new build project in the UK?
We are specialist commercial finance brokers with genuine expertise in residential development finance, helping developers secure bespoke funding packages that high-street banks often can’t provide. We work across the full project lifecycle — from land acquisition and planning through to construction, completion, and exit.
A new build residential development loan is a short-term, staged funding solution designed to support property projects that involve building homes from the ground up. Unlike traditional mortgages, this finance:
✔️ Covers land purchase, planning costs, and construction expenses
✔️ Is tailored to project risk and profile, not just borrower income
✔️ Provides capital in tranches aligned to build milestones
✔️ Is repaid from sale proceeds or refinance on completion
Development finance loans generally calculate funding relative to the Gross Development Value (GDV) — the anticipated total value of the finished project — and are structured flexibly for developers’ cashflow needs.
Why Use Hanover Commercial Finance for Your Development Loan?
As an independent whole-of-market broker, we match your development with the most competitive lenders across the UK specialist finance market — including development lenders, alternative private finance providers, and niche institutional lenders.
We help you:
🔹 Navigate complex lender criteria
🔹 Maximise funding amounts and minimise costs
🔹 Avoid common pitfalls in project finance
🔹 Save time and accelerate your funding approval
Our service is transparent, responsive and tailored — giving you access to solutions high-street banks often won’t consider for new build residential developments.
Key Features of Our Development Finance Solutions
✔ Comprehensive Funding for Every Stage
We structure development loans that can include:
✔ Land & site acquisition finance – up to 70% of purchase cost
✔ Build cost funding – up to 100% of construction costs
✔ Combined levels of funding up to ~75% of GDV
✔ Finish & exit finance – short-term loans to complete projects or bridge to sale/refinance
✔ Bridge to full development finance – secure land now and convert later as planning progresses
✔ Bespoke, Flexible Structures
Every project has unique funding requirements. We customise terms so you only borrow what you need when you need it, helping maintain healthy cash flow through:
📍 Stage releases tied to project milestones
📍 Interest roll-up (no monthly servicing during build)
📍 Options for joint ventures, equity-enhanced deals or 100% project cost finance (subject to lender criteria)
✔ Fast, Practical Support
We assist with:
📌 Feasibility and funding strategy
📌 Loan structuring and application packaging
📌 Presentation to multiple lenders
📌 Negotiation of competitive rates and fees
Get in touch today!
Common Development Finance Scenarios We Support
Our loan solutions cover a wide range of residential new build projects, including:
- Small and medium housebuilder developments
- Multi-unit residential sites
- Brownfield regeneration with residential build-out
- Speculative new builds
- Finance to support construction and exit strategies
Whether you’re launching your first project or scaling up a project pipeline, we work to secure the most suitable funding mix for your goals.
How Development Funding Works
Most development finance is short-term (typically 12–24 months) and includes:
📌 Staged drawdowns — funds released in phases as build milestones are met
📌 Interest roll-up — interest is added to loan balance and repaid at term end
📌 Exit strategy — debt repaid via sale proceeds or refinancing into long-term finance
We’ll guide you through costs, terms, lender requirements, planning contingencies, and how to optimise your project for funding approval.
Work With Experts Who Understand Development Finance
As dedicated commercial finance brokers, we specialise in tailored funding solutions for property development. From the first enquiry to funds released, we provide:
👉 Clear guidance
👉 Efficient application management
👉 Whole-of-market lender access
👉 Commercial insights that accelerate approvals
Ready to Fund Your New Build Project?
📞 Call us now to speak with a development finance specialist
✉️ Contact Us to get a free consultation and a personal quote
Secure the right new build residential development financing for your UK project — fast, clear and hassle-free.