Archangel Private Finance

Property Finance

Development Finance

Ground-up development loans for residential, mixed-use and commercial schemes. GDV-based lending with experienced and first-time developers considered.

Discuss Your Case

Development finance funds the construction of new buildings from the ground up. Lenders typically advance an initial land or site acquisition sum and release construction funding in arrears against certified works, managed by an independent monitoring surveyor. Loan amounts are structured against the projected gross development value, with the LTV on day one and the total loan-to-GDV both subject to the lender's appetite and the strength of the development appraisal.

Land Acquisition and Build Funding

Development finance can cover land or site purchase as well as the full construction cost, subject to LTV limits. Some lenders will fund sites already in ownership at a rolled-up land value.

GDV-Based Structure

Advance amounts are linked to the projected gross development value, with lenders typically advancing up to 65–70% of GDV on residential schemes. The exact figure depends on location, scheme type and borrower experience.

Monitoring Surveyor and Drawdowns

Build costs are drawn down in arrears following inspection by the lender's appointed monitoring surveyor. This requires regular reporting and access to the site — our introducees are familiar with the process.

Experience and First-Timers

Experienced developers with a track record of completions attract the widest lender choice. First-time developers can access development finance but may face higher rates, lower advance ratios and requirements for a professional project manager.

Suitable For

  • Experienced residential developers with planning permission
  • First-time developers on smaller schemes with professional support
  • Mixed-use and commercial-to-residential conversion projects
  • Developers where the director has adverse credit history
  • Schemes requiring both land and build funding
  • Projects requiring fast land purchase ahead of detailed planning

Get a Decision in Principle

Discuss your case

This service is intended for UK businesses, limited companies, LLPs, trading partnerships, sole traders and individual portfolio landlords or property investors borrowing for business purposes only (minimum £25,000). We do not lend money, provide financial advice or arrange regulated mortgages.

Ready to discuss your case?

Complex credit history, tight deadlines or unusual structures — we have seen it all. Speak with a specialist today.

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