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BUILDSTORE

Development Finance

BuildStore Development Finance

Looking for property development finance? BuildStore Development Finance can help.  Our award-winning team of experts has helped thousands of people successfully finance their projects.   From a small single flat renovation through to a large commercial project, we can find the best finance and provider for you, from our wide range of specialist lenders, exclusive products and competitive funding solutions.

 

Construction is in BuildStore’s DNA and our in-depth understanding of build projects is what sets us apart from similar companies in the market. As the leading provider of finance to the self/custom build and renovation marketplace, we've built up a massive bank of experience and really understand the industry and the needs of property developers in the current ever-changing marketplace.   Whether you’re looking for project finance to get the site infrastructure in place or to cover your project’s build costs, we’ve got the solutions and the know-how, whether you’re an established developer, land owner or new developer.

 

We have strong and trusted relationships with the lenders that we work with. They are invested in our knowledge and experience in the market, and know that when we approach them with a case it’s because they are the perfect fit. This also gives us access to special rates and exclusive products, developed thanks to our reputation in the industry. 

 

Best broker, developmen finance
SFI Awards
2016 WINNER
Best Broker, Development finance
The Specialist Finance Introducer Awards

Enjoy 1-2-1 service from a hands-on expert who will shape and present your development proposal to the lender.  No upfront fees payable.

The BuildStore Difference
  • The UK’s construction finance experts

  • Range of specialist lenders, products and competitive, tailored funding solutions

  • Funding lines not advertised

  • All cases considered
    Experienced and new developers

  • 1-2-1 service from a hands-on expert who will shape and present your plans to the lender

  • Flexibility, speed and reliability

Competitive Funding Solutions
  • New builds, refurbishments and conversions

  • Infrastructure funding

  • Minimum loans from £50,000

  • No maximum loan size

  • Up to 70% end LTV (inclusive of costs)

  • 50% GDV

  • 100% build costs

  • Availability in England, Wales & Scotland

  • No upfront fees or commitments on your part

Case Study 1

Our client had a garden plot (split off from a property he owned) with planning permission for 3 detached homes.  With no personal experience in developing, the client brought in a builder on a fixed price contract.  He needed to borrow 100% of his build costs in stage payments.  We were able to support this new developer and arranged funds within his required 8 week timescale.

 

Build Costs      £400K
Contingency   £100K
End Val min    £1.2 million

Case Study 2

Our client had a custom build site in Wales and required help to secure the necessary funding for the development infrastructure. Because the site was in Wales, it wasn’t eligible for HCA funding.

 

BuildStore completed a £500,000 loan to support the launch of this site by creating serviced plots with the infrastructure completed.  The lending was also there to assist on funding a number of professional fees.  

 

The loan will be repaid on the sale of the plots.

Case Study 3

Our client wanted to convert an old police station with DPP into 4 houses.  He had a good level of cash to go into the purchase but needed funds to help with the purchase and building work. 

 

BuildStore raised the funds needed out of his mortgage-free home in stage payments. 

 

We arranged a regulated bridge due to finance being secured on his home but were able to offer a lover rate than standard development finance.

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