Development Finance
Development Finance: Funding Property Projects from Ground Up
DNA Finance7 min read
Development finance funds the construction or heavy refurbishment of residential and commercial property. Lenders typically advance funds in stages aligned to build milestones, releasing capital as the project progresses.
Key metrics include Gross Development Value (GDV), loan-to-cost and loan-to-GDV ratios. A credible exit strategy, whether sale or refinance onto a term product, is essential to securing favourable terms.
DNA Finance arranges development facilities for experienced and first-time developers, structuring funding around your scheme and timeline.