Funding built around you
Loans for new build, conversions, or refurbishment developments, up to £50m, with maximum 70% GDV.
Loans for new build, conversions, or refurbishment developments, up to £50m, with maximum 70% GDV.
We typically pay out draw-down payments of agreed facility within one working day of receiving request.
We offer fixed and variable loans, with terms up to 36 months, to meet your specific needs.
We provide property development finance to experienced SME housebuilders and property developers across a range of residential development projects.
We can consider lending to:
We do not lend to offshore companies, with the exception of those registered in the Channel Islands or Isle of Man, or to clubs and associations.
Business Development Manager
Business Development Manager
Email us at: CREOriginations@aldermore.co.uk
We provided a property development loan to finance the construction of two luxury residential properties in Hertfordshire.
We work alongside the Housing Growth Partnership (HGP) to fund residential property developments across the UK. Learn more about how we work together.
We provided a £6.1m property development finance loan to Whiteburn for a housing development in Scotland. Find out more about how we helped Whiteburn.
We can consider lending to experienced property developers including individuals, sole traders, partnerships, limited liability partnerships (LLPs), limited companies and public limited companies (PLCs).
We do not lend on offshore companies (except those registered in the Channel Islands and Isle of Man), clubs or associations.
We support refurbishment, conversion, and new build residential for either sale or rent, purpose-built student accommodation and mixed use, and commercial pre-let or sold developments located in England, Wales, and mainland Scotland.
Standard construction methods such as brick and block, steel and timber frames are required but we will also consider other alternatives including Modern Methods of Construction (MMC).
Property located in England, Wales, and mainland Scotland.
First Legal Charge over freehold and leasehold property (leaseholds to have a minimum of 80 years remaining at completion of the development works) and debentures (where appropriate).
We require suitable guarantees, typically limited to 20% of the facility amount.
Yes, we do require for the necessary planning to have been approved in these instances.
The loan will cover site acquisition, construction costs and professional fees up to a maximum of 70% LTGDV.
Invest, purchase or remortgage commercial property with Aldermore's tailored commercial mortgages. Discover flexible terms and personalised solutions.
Flexible business finance tailored to your goals. Get the funding you need to grow, adapt, and succeed with expert support every step of the way.
Subject to status. Security may be required. Any property or asset used as security may be at risk if you do not repay any debt secured on it.