An Insight into How Property Development Finance Works
At Hunter Finance, we’re a private lender that specialises in property developing and finance loans from £100k to £2.5m.
Since 2010, our property development loans have helped both experienced property developers and those beginning their careers in the housing market industry.
“I knew that as an independent company, we were in a great position to quickly assess risk and then respond rapidly, providing excellent customer service with all the bureaucracy stripped away.” Bill Hunter, Company Founder.
Like any other business venture, property development can be a risk, but our development finance guide is here to provide you with the information you need.
We also have a property development guide that covers questions during the process of buying land.
Property developing involves real estate development whether it’s for commercial businesses or residential renovations.
It even stretches to cover the purchasing of buying a tract of land or raw land and seeing the growth of wealth from the sale of these units.
Development finance is highly beneficial in a number of ways during the property development process.
This option offers a solution for cash-flow problems and provides you with extra funding to purchase land or cover construction costs, Read more.
Property development finance is commonly used for; commercial property development, self-build development, and residential property development.
There has been a sharp increase in the number of private property development lenders in the last few years. Unlike banks, Hunter Finance can respond to your application within 24 business hours and can arrange a site meeting within 48 hours.
You can apply in principle here.
Alternatively, you can read more about the benefits of using a private lender for your property development.
At Hunter Finance, we design and offer the development loans that we believe are best suited for your project. The application process involves us familiarising ourselves with and fully understanding the site for the proposed development, the project plans, and your financials.
Once we’re satisfied with your application process, Hunter Finance will produce an ‘Offer in Principle’. This will set out the terms and conditions of the loan and any other relevant information. Our surveyor will visit the site and we’ll put the offer through a legal process.
We can typically provide our property development funding in 10 working days, but this can vary depending on the project.
Hunter Finance creates a development loan that is best suited to you. We tend to offer repayment terms over a short period of time. Repayments are primarily based on your property development project.
Repayments to your development loan can include the sale of each unit/property. Read more.
Hunter Finance provides development loans for projects with our own funds. This allows us to provide flexible interest rates on a deal by deal basis.
We offer competitive rates for all our property development loans. Our interest rates tend to range between 8-18% per annum.
Find out more about our interest rates.
Since 2010, Hunter Finance has provided property development loans and finance to a wealth of projects across South-East England.
Click here to see where else we operate.
Our property development loans have been highly beneficial to both professional and new property owners.
We’re proud of the testimonials that we receive from developers.
Lets Get Started: What is Development Finance?
Applying for finance is simple and hassle free: