Stretch senior to 85% costs.
90% rolled up interest
Development loan to value up to 75% including interest
Development loans from
£1 million up to £15 million
Developers or intermediaries
Lending across the UK
Experts in Property Development Finance Lending
As a leading lender specialising in property development finance both for developers and intermediaries, our expertise encompasses a wide range of funding options, including residential development finance and commercial development finance, bridging loans development, and the Growth Guarantee Scheme (GGS) supported by the British Business Bank. We take pride in fuelling the construction of numerous new developments throughout the UK daily. With our company, you gain access to a committed team of development finance lenders who are dedicated to kickstarting your property plans and bringing them to fruition.
At BLG we offer comprehensive development funding solutions designed to support your development projects from start to finish. Our experienced new business team of development finance lenders are committed to providing tailored financial products and services to help you achieve your goals. Whether you’re a seasoned developer or just starting out, our development loans can provide the capital and expertise you need to turn your dreams into reality. Count on us to provide the financial support and guidance you need to get your projects off the ground successfully.
Fund Your Next Development Project With BLG
Just some of the property
developments we have funded:
- £2.5m for 5 beautifully designed barn-style detached homes in Devon
- £3.9m for 9 new builds and 2 refurbishments in a sought-after location in Warwickshire
- £4.4m for 16 stunning houses and the full site infrastructure in Greater Manchester
- £7.2m for 2 detached houses and 4 townhouses with views out to sea in New Milton
- £15.5m for transforming an iconic building into a vibrant community hub featuring 11 Mews Houses, 38 apartments, and leisure/retail spaces in Weymouth
- £7.5m for the conversion of a historic grade II listed Victoria Hotel in Leeds comprising 54-bed student accommodation and two pubs
- £3.4m for 5 high-end detached houses in the picturesque countryside of Exeter
- £2.2m for office building conversion into a residential scheme in Leeds
- £5.5m for a 21-unit development of 3 and 4-bedroom properties in south of Bristol
We can assist you with your development finance today
Residential Development Finance
Whether you are seeking residential property funding through stretch senior development finance, or build to let development finance, BLG is ready to assist you in obtaining the residential development loan you require. Our comprehensive services extend beyond basic funding to support your land acquisitions and the construction of diverse residential buildings, including houses, flats, eco-homes, and mixed-use developments.
Furthermore, our residential development finance options come with additional benefits, such as access to top-up funds and refinancing options for existing residential development loans. These options are specifically designed to meet the evolving needs of build-to-let landlords and experienced developers, ensuring they have the financial support necessary to succeed in their projects. With BLG, you gain a trusted partner dedicated to helping you navigate the complexities of residential property development finance and achieve your development goals.
Commercial Development Finance
We excel in providing specialised commercial development finance meticulously crafted to suit the unique requirements of experienced developers and business proprietors involved in the construction, conversion, or renovation of commercial properties. Our extensive array of commercial development loans are designed to cater to projects across England, Wales, and regions with strong demand, ensuring you have the financial backing necessary for success. One of the distinct advantages of collaborating with BLG is our commitment to flexibility. Unlike many other lenders, we impose no limitations on the number of units you aim to create within your commercial development.
Whether you’re envisioning a small-scale renovation, a substantial conversion, or a large-scale construction project, we are dedicated to supporting your ambitions and helping turn them into reality. Our commercial property development finance options offer tailored solutions that accommodate a variety of project scopes and timelines. We understand that each project is unique, which is why we provide personalised financial strategies to meet your specific needs. From initial funding through to project completion, our team of experts is with you every step of the way, offering guidance and support to ensure your commercial development ventures are successful.
Bridging Loans
Development bridging loans offer a short-term financial solution, enabling developers to promptly address the initial costs associated with a new project. By leveraging development bridging finance, developers can effectively kickstart their endeavors without delay, bridging the gap until more sustainable, long-term financing alternatives materialise. We recognise the pivotal role that development bridging loans play in the property development landscape. As such, we extend a high level of support to our clients throughout the entire housebuilding lifecycle.
Our commitment goes beyond merely providing financial assistance; we offer ongoing advice and guidance tailored to the unique needs of each client. With BLG by your side, you can embark on your development journey with confidence, knowing that you have a trusted partner dedicated to your success every step of the way. Whether you are tackling a residential, commercial, or mixed-use project, our comprehensive development bridging finance solutions are here to support your vision and drive your projects to successful completion.
Growth Guarantee Scheme (GGS)
The Growth Guarantee Scheme (GGS) launched in July 2024, represents a concerted effort to bolster access to financial resources for small businesses across the UK, fostering an environment conducive to investment and expansion.
The Growth Guarantee Scheme (GGS) endeavours to enhance the terms available to borrowers. In instances where a lender can extend a commercial loan with more favourable conditions, they are encouraged to do so, ensuring that businesses can access the financial support they need on advantageous terms.
Businesses that took out a Coronavirus Business Interruption Loan Scheme (CBILS), Coronavirus Large Business Interruption Loan Scheme (CLBILS), Bounce Back Loan Scheme (BBLS) or a Recovery Loan Scheme (RLS) facility before 30 June 2024 are not prevented from accessing Growth Guarantee Scheme, but borrowing under these schemes may reduce the maximum amount the borrower is eligible for.
Share Your Project Details And Give Us A Call
If you’re interested in finding out if a development loan could work for you, simply share some details and get in touch. Our team of property finance experts will have a chat with you to see if we can help.
We’ll Find The Right Solution Together
Tell us about your project, and using our knowledge and experience, our team will work with you to create a customised solution that fits your goals. We’ll also walk you through the process, so you understand the next steps.
Get A Quick Answer
We’ll provide you with our heads of terms quickly. If they meet your needs, just send us a full application to proceed. From there, a credit review will take place, leading to an offer backed by our commitment.
Funds Are Released After Due Diligence
Once our verification process is complete (typically 6-8 weeks depending on the complexity), you can expect to receive your funds. Now you can get back to what you do best while we take care of the financing.
WHAT OUR CUSTOMERS SAY ABOUT US
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Sign up for our newsletter to join a community of property development finance enthusiasts! We're a top-tier lender with a focus on property development financing, and we're well-versed in a variety of funding choices, such as residential development finance and commercial development finance, development bridging loans, and The Growth Guarantee Scheme (GGS), backed by the British Business Bank. Our passion lies in fueling the creation of countless new property developments across the UK every day. By subscribing to our newsletter, you'll connect with a dedicated team of experts committed to jumpstarting your property dreams and making them a reality. Rely on us for the financial backing and advice needed to successfully launch your projects.