Stretch senior to 85% costs.
90% rolled up interest
Stretch + mezz 90% costs
95% rolled up interest
Loans up to £15 million
from £1 million
Lending UK wide
England, Wales, Scotland and NI
Experts in Development Finance
We are a principal lender specialising in property development finance. Every day we fund the building of more new homes across the UK. With BLG developer loans, you will have access to a dedicated team of experts who will get your development plans off the ground.
Just some of the developments
we are funding today:
- £2.5m for 10 apartments in Manchester
- £4.0m for 23 houses in South Devon
- £1.4m for 9 apartments + gym in Somerset
- £1.7m for 10 apartments in West Sussex
- £1.5m for 10 houses in Norfolk
- £6.2m for 46 apartments in Suffolk.
Fund Your Next Project With BLG
BLG is a development finance broker that arranges structured property development lending, giving you access to the best rates. We provide a quick and affordable solution for professional builders, property developers, and first-time developers.
We are the development finance lenders UK developers trust for bridging finance for new builds and property conversions. We are here to help finance property development of residential houses, apartments, offices, retail units, mixed-use buildings, and industrial buildings.
The benefits of development finance
Development lenders usually expect to see planning in place, and we can help you partially fund the purchase of the site and lend up to 100% of the build costs, based on specific criteria. The development finance UK builders have access to is usually offered over 12 to 36 months, with an exit plan of the property sale or exit refinancing in place.
Developer loans can offer:
- Staged release of funds to reduce interest
- Early loan repayment, usually without penalties
- Use of other property as security
- Variable interest rates based on experience and project feasibility
- Minimised borrowing costs with no commitment to take all funds if the build falls under budget
- Loan value limited only by the viability of the project
- Loan acquisition for projects deemed unviable by other lenders
We believe the development loans UK developers should have access to should match their requirements and available budget. As an independent broker, BLG will ensure you get the best deal possible.
Our team is here to help you through the project consultation and deal comparison, to the agreement in principle and the formal loan offer. Whether you are searching for top-up finance to complete a stalled project, auction funding for a property refurb and flip, or property portfolio building, get in touch with our friendly team.