The development finance market has matured considerably, with challenger banks and specialist lenders competing aggressively for quality schemes. This competition benefits developers who can present well-structured proposals — but navigating 100+ potential funders to find the best fit requires market knowledge and established relationships.
Build cost inflation has been a defining feature of recent years, and lenders now scrutinise cost plans more carefully than ever. Fixed-price contracts with reputable contractors give lenders confidence and typically unlock better terms. If you're using a design-and-build approach, ensure your contract provides adequate cost certainty.
Planning risk remains the single biggest concern for development finance lenders. Schemes with full, unconditional planning permission attract significantly better terms than those with outline permission or subject to conditions. Discharging pre-commencement conditions before approaching lenders will materially improve your available terms.
Bristol's Temple Quarter regeneration, Bath's enterprise zone, and Exeter's growing reputation as a biomedical hub are all generating development opportunities. Lenders recognise the South West's diverse market dynamics — from urban regeneration to rural conversion projects — and several specialist funders actively target the region.
Indicative Terms
Typical terms available for development finance in Warminster. Actual rates depend on your project specifics and experience.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 65-70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1.5-2% of facility
Rates shown are indicative and subject to individual assessment. Contact us for a bespoke quote.
Representative Deal
A 12-unit residential development on a former commercial site near Warminster. The project involved demolition of the existing structure, full site remediation, and construction of a three-storey apartment block with underground parking. Funding structured as phased drawdowns against a 14-month build programme with day-one land release.
GDV
£4,200,000
Loan Amount
£2,730,000
LTV
65% LTGDV
Loan Type
Senior Development Finance
This is a representative example. Actual terms vary based on project specifics.
Common Questions
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