Development Finance
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Development Finance


Property Development Finance, with developers in mind

In a nutshell:

  • Up to 100% build costs
  • Up to 75% of land purchase
  • Up to 75% Loan to Gross Development Value
  • Borrowing from £100,000 – £250,000,000
  • Terms typically 12-24 months or longer
  • Senior, stretched senior (1st Charge) and mezzanine finance (2nd charge)
  • New Builds, conversions and heavy or light refurbishment
  • All levels of experience or portfolio size
  • All areas of UK covered
  • Loan availability, loan terms, lender fees and rates will vary depending on financials and background
  • Business purposes only

What we do

We find Property Development Finance! This is our passion and area of expertise, we have helped both new and established property developers find funding for their projects. We are well equipped to meet a variety of Property Development Finance needs from commercial conversions to refurbishments, ground up multi-unit sites and more.

What’s more is we are always happy to provide a free consultation, we are here to answer any questions and we help to find suitable funding anywhere in the UK.

You’ve found your property development site or you know what you’re looking for and now you’ve found the company that’s here to support you every step of the way on your funding journey towards turning that site into a reality.

Why choose us?

Every development is unique, and at Luc Capital, structuring development finance is our passion.

We benefit from over 10 years experience working within finance in the property industry, including senior finance roles within property development and construction companies, and involvement in a wide range of projects, from mansard roof conversions & basement excavations in London, right up to large multi-unit sites across London and the Southern Counties. We are passionate about finding funding solutions for our clients and use our experience to assist with funding needs for all sizes of project.

Customer service is at the heart of what we do, we take the time to understand your circumstances and goals before sourcing suitable funding to meet your needs - allowing you to concentrate on your business & managing the development itself.

Don’t just take our word for it, read our Testimonials here

We are a broker not a lender

We are Development Finance specialists and we use our expertise to source suitable funding for your property development project. We are a broker, not a lender and pride ourselves on transparency. We may be paid a fee or commission by the lender that will vary depending on the lender, product and other permissible factors and these arrangements could affect the price payable by you.


A little bit more about Development Finance…

What is Property Development Finance?

Property Development Finance is funding for property development projects involving a build element, which require planning permission and/or structural works.

What can Property Development Finance be used for?

Property Development Finance can be used for both residential and commercial projects or a mix of the two. Examples of the types of projects include:

  • Ground up build of an entirely new building;
  • Adding additional floors or extensions to existing buildings;
  • Basement excavations;
  • Extensive reconfiguration such as a commercial to residential conversion.

How is Property Development Finance structured?

Property Development Finance lenders use a range of criteria in which to calculate their loan size and the structure, with each deal being assessed individually on its attributes with typical features including:

  • Property Development Finance lenders typically charge an arrangement fee, monthly interest and an exit fee, with the exit fee being payable when the loan is redeemed.
  • Interest can sometimes be serviced but is more often rolled up within the loan facility.
  • Loan terms for Property Development Finance are typically 12-24 Months but can be up to 36 months in some cases.
  • If your properties sell quicker than expected, then Property Development Finance generally allows for an earlier repayment without early repayment charges.

How much can I borrow using Property Development Finance?

Typically, a Property Development Finance lender will look to fund 100% of build costs and professional fees along with an additional sum towards the land purchase of up to 70-75% Loan To Value (LTV) depending upon a particular lender’s maximum Loan to Gross Development Value (LTGDV). In some cases, with the use of a Mezzanine finance lender (a second lender that ranks behind the Property Development Finance lender) it is possible to borrow up to 90% of total costs. Typically, the minimum loan size for Property Development Finance is £150,000 and the maximum loan size is into the hundreds of millions.

How will a Property Development Finance lender assess my project?

Property Development Finance lenders carry out a thorough assessment of each project and the circumstances of the borrower. Some of the key items they look at are:

  • Planning permission – a lender will want to see that any required permission is in place and that the relevant conditions are met. If you don’t have planning permission, bridging finance might be more suitable.
  • Location of the project – lenders have difference appetites for different locations.
  • Calculated profits - typically requiring a minimum of 20% profit on costs.
  • Gross Development Value – what will the completed properties be worth?
  • The demand of the planned properties in the location.
  • Borrower’s experience and background.
  • The quality and experience of the professional team behind the development for example building contractor, architect and project manager.

Disclaimer: ALL FINANCE SOURCED IS FOR BUSINESS PURPOSES ONLY. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is for guidance only. All loans are subject to full lender application, underwriting, valuation and legals.


Luc Capital Limited is registered in England & Wales under Company No 09251575. Registered Office: 89 Churchwood Drive, Tangmere, West Sussex, United Kingdom, PO20 2GY.

Luc Capital Limited are authorised and regulated by the Financial Conduct Authority (FCA) in respect of our consumer credit-related regulated activities only, specifically this includes our FCA Regulated Credit Broking Services, these are provided where the borrower is acting for business purposes and is an individual or unincorporated partnership of 3 or less partners and the loan relates to purely or predominantly commercial property (61% or more non-residential) that is not intended to be converted to residential property or the loan is a second charge loan secured against a property occupied by a borrower or their relatives. Luc Capital Limited is entered on the Financial Services Register under reference 771650.

Luc Capital Limited are a credit broker, not a lender and may be paid a fee or commission from the lender that will vary depending on the lender, product and other permissible factors and these arrangements could affect the price payable by you. Luc Capital Limited source commercial finance options from a panel of lenders.

Our aim is to provide you with a professional service that delivers the highest possible standards. However, there may be occasions where you feel this has not been achieved and should you wish to make a complaint about any aspect of the service we provide to you, you can do this by telephoning us on 07886279773 or writing to us via If the complaint relates to our FCA Regulated Credit Broking Services: A summary of our internal complaints handling procedures for the reasonable and prompt handling of such complaints is available on request, and If you cannot settle your complaint with us you may be entitled to refer it to the Financial Ombudsman Service at or by contacting them on 08000234567. If you are unsure about whether you have received FCA Regulated Credit Broking Services from us then please contact us on 07886279773 or at