UK GROUND-UP & PROPERTY CONVERSION CAPITAL
Property development finance built around your build.
Sourcing funding for your construction project shouldn't be as complex as the build itself.
Whether you're acquiring a site, undertaking a commercial-to-residential conversion, or managing a ground-up development, we structure flexible drawdown facilities that keep your project moving forward without cash flow bottlenecks.
What is development finance and how does it work?
Development finance is a specialised, short-to-medium-term funding facility designed specifically for ground-up construction, major refurbishments, and structural conversions. Unlike a standard commercial mortgage where funds are released in a single lump sum, development capital is released in staged drawdowns aligned with your build schedule.
Staged drawdowns: Initial funds cover site acquisition, with build costs released in arrears at monthly stages following a Monitoring Surveyor’s report.
High Leverage (GDV & LTC): Borrow up to 70%–75% GDV (Gross Development Value) and up to 85%–90% LTC(Loan-to-Cost).
Rolled-Up Interest: Interest costs are rolled up into the facility and repaid at completion, protecting your cash flow during the construction phase.
Repayment via Exit Strategy: Repaid through the sale of the completed units or by refinancing onto a long-term investment facility or commercial mortgage.
Compare real-time development funding across 150+ UK lenders.
Sourcing the right development lender requires balancing interest rates against maximum leverage and arrangement fees. The Trusttree Commercial Finance automated matching engine scans the market to align your project’s appraisal with suitable bank and non-bank funders.
When you use the tracker you get:
Instant Gearing & Rate Analysis: View live interest rates, arrangement fees, and maximum borrowing limits matched to your site appraisal.
Whole-Market Scope: Access major UK banks, specialist stretch-senior funders, and alternative mezzanine capital providers.
When should you use bridging finance?
Auction Property Purchases: Secure property funding within strict 28-day auction completion windows.
Property Chain Breaks: Prevent a property purchase from collapsing when a buyer in your sale chain drops out.
Unmortgageable Properties: Fund acquisitions for properties in poor repair that traditional banks won't lend on until refurbished.
Property Refurbishments & Conversions: Fund light-to-heavy refurbishments or commercial-to-residential conversions before refinancing.
Time-Sensitive Commercial Acquisitions: Lock down prime real estate or business assets before competitors step in .
From rate comparison to completion, fast.
1
You See Live Rates
Input your details, loan amount, and estimated loan term into our rate tracker to see matching options.
2
We Review All Info
A specialist commercial broker will review your details and be in touch within 24 hours to discuss and gather any further information.
3
We Go to Market
We coordinate property valuations and legal solicitors to streamline underwriting.
4
You Get Approved
Funds are transferred directly to your solicitor so you can complete your purchase or project without delay.