CMB work with a large number of property development finance lenders, we have collated a brief overview of the lenders below to provide a guide to development finance costs. Please note that these rates are a guide to costs, and we recommend that you contact us for a formal quotation to secure indicative terms.
The costs of development finance facilities have reduced, with a large number of lenders in the marketplace increasing.
Development finance facilities are available on a wide variety of different types of property including:
- New build
- Large HMO or conversion to HMO
- Commercial Development
The rates for each of the above types of property will vary depending on the lender, typically residential property attracts the best rates of finance, with commercial generally being more expensive.