Development Finance Overview

When it comes to Development Finance of any size or complexity, our  team of experts can assist your clients with projects in almost any sector, including; Offices, Retail, Industrial, Hotel and Residential Investments.

Loans available up to £250 million.

Our experienced team maintain long-established close relationships at the highest levels with a wide range of lenders, including specialist, retail & private banks, and family offices.

Every enquiry is manually researched, sourced and underwritten by our team on a case-by-case basis.

Residential Development Schemes

Up to 70% LTGDV (Loan to Gross Development Value) – lenders typically charge c.10% pa, with a 1% arrangement fee & 1% exit fee.

50% to 60% LTGDV –  typically charge c.5.5% and c.8% pa,with 1% arrangement fee & 1% exit fee.

The above LTGDVs are usually restricted by the ‘Loan to Cost’, which cannot exceed 90% of the total project costs (unless further security is available).

Commercial Development Schemes

Provided a ‘pre-let’ is in place, then similar LTGDVs and charge rates as above.

Lenders are usually able to provide an interest roll-up facility within their gross loan, typically for a term of up to 36 months.

In terms of recourse, most (but not all) lenders require a minimum cost overrun allowance and interest shortfall guarantee.

For full access to Black Book’s Development Finance services, either:

Call us on 0800 651 6511 or enquire online


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Intermediary Testimonials

First impressions...outstanding! My call was answered promptly, and then handled very professionally. I got back options for an SME client that I didn't even know were possible, in just 20 minutes! The client was clearly impressed, as was I. If case processing is as good as enquiry handling, then this will be a winning service. So far so good Black Book!
Frazer Horton, Edward Frazer