Essentially, property development is buying existing properties to renovate or land to build new properties for profit.
There is great potential to make money from property development, particularly in London. The surrounding counties: Sussex, Hampshire, Hertfordshire, Surrey, Bedfordshire, Berkshire, Essex and Kent are also fantastic regions to invest in. The housing market in London and South East is consistently strong with excellent opportunities for private developers as well as larger commercial development companies.
Hunter Finance has funded over 100 property developments in London and the South East and has years of experience in the industry. Talk to us about how we can provide finance for your next project – call 01825 749721 to speak to our expert team.
Put together a business plan
It is essential to prepare a comprehensive business plan for your project, including funding strategy, financial targets and returns, market research and timescales.
Pick the best location
London has consistently had the highest property prices for years making it an excellent location for developments.
Research the housing market in the local area
It is important that your development project takes into account the local market selling rates as well as the kind of properties that are in demand. For example, one-bedroom properties may be much easier to sell in some London locations compared to large family homes. You must be able to sell your property on completion.
Choose your property or land
Buy to sell property developments can be a great business investment. When choosing a property to renovate or land to build on, always consider the potential return-on-investment. Although prices are generally higher in London, the potential returns are also much higher than in other regions. London will always have a high demand for properties to buy making it an ideal place for development projects.
Apply for property development finance
Specialist property funding is the best choice for developers. At Hunter Finance we lend to individuals, developers and commercial property developers. As private lenders, we make quick decisions so the money is in your account faster. We also offer competitive property development loan rates.
The Gross Development Value or GDV is how the amount of your property finance loan is calculated. We lend up to 55% of the GDV or from £100k to £2.5million. See how much you could borrow or apply online now.
Have a look at our case studies to see some of the amazing projects Hunter Finance have funded.
"We have found securing a competitive facility with Hunter Finance a refreshingly straightforward a Read more
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