Use UK Bridging Loans to get a better rate on development finance than most lenders
UK Bridging Loans (Development)
Want a better rate than the high-street? Get an instant indicative repayment figure using our development finance calculator
Get the best development finance option at UK Bridging Loans using the calculator provided. Best rates for development finance in UK.
At the forefront of its objectives, UK Bridging Loans strives to efficiently handle various bridging loan and development finance cases, prioritising swift processing. Their commitment is evident in their remarkable speed, with an average throughput from offer acceptance to completion and pay-out occurring in just a matter of days. While they won’t claim to be the most economical lender in the market, they assert themselves as the most adaptable and expedient.
Their criteria for lenders are minimal, yet they maintain a strong sense of responsibility in their lending capacity. Thoroughly engaging with clients from the outset, they prioritise completing all necessary paperwork and ensuring a secure and definite exit plan.
Navigating property development finance through Donkey Finance
The key to a seamless application for development finance lies in thorough research and meticulous due diligence. Lenders anticipate applicants will account for all potential outcomes, securing the project’s success. The project’s viability forms the basis of the lender’s decision, making it crucial for applicants to provide ample supplementary evidence.
Established property developers with a proven track record may experience smoother qualifications compared to first-time developers. However, the adaptability of development finance empowers specialised lenders to craft tailored packages to meet diverse requirements.
Seeking development finance through an adept broker becomes indispensable for securing the most favourable terms.
Repayment strategies for development finance
Lenders grant development finance only when applicants present a clear exit plan. The three prevailing exit strategies for development finance encompass:
- Sale of the finalised property or site upon project completion.
- Refinancing with a specialised exit product, featuring a lower interest rate, allows developers to repay the initial loan and bridge the financial gap until property sales.
- Long-term refinancing, where the development finance loan transitions into a conventional long-term loan. This often serves as the preferred choice for developers aiming to retain ownership of their property, either for personal use or rental purposes.
For additional insights into the topics mentioned or a detailed discussion on the intricacies of development finance, feel free to contact us for an obligation-free consultation.
| Browse all finance services of UK Bridging Loans | |
|---|---|
| UKBL Bridging Loans | UKBL Commercial Finance |
| UKBL Development Finance | UKBL Loans |
| UKBL Mortgages | UKBL Auction Finance |
Why choose Donkey Finance?
At Donkey Finance we empower our clients with access to an extensive array of development loans offered by top-tier lenders across the nation. Simplifying the process, we facilitate quick and effortless comparisons of development finance options tailored for various purposes, securing optimal deals featuring the most competitive interest rates and minimal borrowing costs.
Reach out to a member of our team at Donkey Finance, and we’ll handle the entire application process on your behalf. Our expertise lies in evaluating development loans from the UK’s leading specialist lenders, ensuring we identify the ideal option that aligns with your requirements and budget.
Enjoy the convenience of a seamless process with no upfront fees and no need for credit checks; your desired development loan could be swiftly transferred to your account. If you have any inquiries regarding development financing, feel free to reach out.
At Donkey Finance, our seasoned team possesses extensive experience in property development funding, enhancing your application’s efficiency and increasing your chances of approval. We’re here to provide guidance on whether a specific project is worth pursuing or not.
Let our AI software compare rates for development finance against high-street banks and other institutions:
