Development Finance
in Kettering

Securing competitive development finance depends on presenting your scheme in the right way to the right lenders. This means a robust cost plan from a credible quantity surveyor, realistic build programme, and achievable GDV supported by comparable sales evidence — not aspirational pricing.

Senior development lenders typically fund 60-70% of GDV or 80-85% of total costs, whichever is lower. Day-one land drawdowns of 50-65% of site value are standard, with construction costs drawn in arrears against surveyor-certified stage completions. Understanding this structure helps you plan your equity requirement accurately.

Interest is usually rolled up (added to the loan) rather than serviced monthly, meaning you don't need to fund interest payments during the build phase. Exit fees, non-utilisation fees, and monitoring surveyor costs should all be factored into your development appraisal from the outset.

The Midlands development market benefits from its central UK location, strong transport connectivity, and a growing population attracted by relative affordability compared to London and the South East. Birmingham's ongoing transformation — anchored by HS2 and the Commonwealth Games legacy — has repositioned the city as a serious investment destination.