PROPERTY FINANCE
Development Finance
Structured funding conversations for development, refurbishment, conversion and construction projects, subject to costs, GDV, borrower experience and lender criteria.
THE OPPORTUNITY
Development finance built around your project
Letfast Finance helps developers and investors explore development finance for new build, refurbishment, conversion and construction projects.
We work to understand your project, experience, costs, gross development value (GDV), planning position and security, then discuss how your project could move forward.
A clear starting point
- Focus on costs, GDV, planning and realistic timelines
- An individual assessment of your experience and project
- A focused review of the project and its funding needs
- No obligation initial discussion
YOUR PLANS
Where it can fit.
Every project is assessed individually. These are common scenarios to discuss.
Ground-up development
Funding for ground-up new build residential or commercial development, subject to costs, GDV, planning and lender criteria.
Refurbishment
Funding for light or heavy refurbishment where value is being created through improvement works.
Conversion
Funding for conversion and change-of-use projects, with clear cost and GDV structure.
Phased drawdowns
Structured facilities with phased drawdowns aligned to build stages and cost schedules.
Site acquisition plus build
Funding to acquire a site and carry out the build programme, subject to planning, costs and GDV.
Experienced / developer-led projects
Support for experienced developers managing schemes, with assessment of track record, security and lender criteria.
THE NEXT STEPS
A clear path through.
Initial conversation
We discuss your project, experience, costs, GDV, planning and timeline in a no-obligation conversation.
Project & position review
We review costs, GDV, planning, timeline, experience, security and lender criteria.
Route & product exploration
We discuss the proposed facility, its conditions and the information needed to proceed.
Progress to next stage
We support you through the next stage with clear, professional communication.
USEFUL TO KNOW
Your questions,
answered.
How is development finance assessed?
Lenders typically consider the project costs, gross development value, planning position, your experience, the location, the timeline, the security and the overall risk. We help you present the case clearly.
Do you work with first-time developers?
Experience is considered alongside the project, professional team and delivery plan. Tell us about your background so we can consider the circumstances.
What is GDV?
Gross Development Value is the estimated value of the completed project. It is a key factor in how development lending is structured.
Are there fees?
Any fees would be discussed and agreed upfront before you proceed. The initial conversation is no obligation.
LET’S TALK
Put your plans
in motion.
Share a few details about your project and the finance you’re looking for.