Stretch senior to 85% costs.
90% rolled up interest
Development loan to value up to 70% including interest
Development loans up to
£15 million from £1 million
Lending across the UK

Experts in Development Finance Lending

As a leading lender specialising in property development finance, our expertise encompasses a wide range of funding options, including residential and commercial development finance, bridging loans, and RLS funding supported by the British Business Bank. We take pride in fuelling the construction of numerous new property developments throughout the UK daily. With our company, you gain access to a committed team of specialists who are dedicated to kickstarting your property plans and bringing them to fruition. Count on us to provide the financial support and guidance you need to get your projects off the ground successfully.

 

Fund Your Next Development Project With BLG

Just some of the property
developments we have funded:

  • £2.2m for 15 detached houses in Northampton
  • £5.5m for 21 new build homes in Cheddar
  • £1.5m bridging loan for a 6-bedroom Victorian terrace house           in London
  • £2m infrastructure loan for phase two of a 40-house scheme             in  Lincolnshire
  • £2.2m for office building conversion into a residential scheme         in Leeds
  • £2m for 2 houses and 6 apartments in Hertfordshire
  • £2m for 6 apartments and 2 houses in Cheshunt
  • £1.4m for transforming a residential building into 5 flats in                 West London
  • £3.2m for the refinancing of a development comprising 11                 houses in Devon

 

 

 

      

What can we do for you today?

Residential Development Finance

Whether you are looking for stretch senior development finance, or build to let development finance, BLG is ready to help you secure the residential property development loan you need.

We will give you access to the money you need to fund your land purchases and the building of houses, flats, eco-homes, or mixed‐use buildings. Our residential property finance also gives you access to top‐up funds or previous residential property development loans for build to let landlords.

Commercial Development Finance

BLG specialises in offering commercial property financing solutions tailored to the needs of developers and business owners engaged in the construction, conversion, or renovation of commercial properties. Our comprehensive range of commercial development loans is available for projects located in England, Wales, and areas exhibiting robust demand.

One notable advantage of partnering with BLG is that we place no restrictions on the number of units you intend to create within your commercial development.

Bridging Loans

Bridging Loans can be an excellent financing option for property developers who are looking to undertake new development projects. These short-term loans can provide the necessary funds to cover the initial costs of a new development, allowing developers to get their project off the ground while they wait for longer-term financing options to become available.

Throughout the housebuilding lifecycle, BLG provides a high level of support to its clients, including ongoing advice and guidance on market trends, financing options, and exit strategies.

Recovery Loan Scheme

The new iteration of the Recovery Loan Scheme (RLS) launched in August 2022 and is designed to support access to finance for UK small businesses as they look to invest and grow.

The Recovery Loan Scheme aims to improve the terms on offer to borrowers. If a lender can offer a commercial loan on better terms, they will do so.

Businesses that took out a CBILS, CLBILS, BBLS or RLS facility before 30 June 2022 are not prevented from accessing RLS from August 2022, although in some cases it may reduce the amount a business can borrow.

WHAT OUR CUSTOMERS SAY ABOUT US

“We have used BLG for development finance for over 8 years. During that time we have found their knowledge and expertise in the property development industry to be second to none. Their loan process, pragmatic and flexible approach to lending and flexibility when required has supported our business needs throughout the period and provided us with support to deliver new homes in Bristol and the surrounding areas.”

“As property developers you never know the curve balls that you may get and a project that is great on paper may prove a bit more tricky.  This happened to us on a project that BLG have funded and throughout they have supported us.  Our business likes to be collaborative and when we hit those tough moments it really felt like we were working as a team with BLG.  If you have a decent project you can get it funded, but what you really need is a business that is there to support and advise you as well.  For us on this project it was BLG.”

“I approached BLG Development finance with an opportunity I had in Chesham, Buckinghamshire, to build 5 new build houses in 2021. My main contact was Anil Bains who is a Director covering Asset Management. Within very quick timescales, BLG provided me with indicative quotes in regards the finance levels they could offer me. Having considered those levels, I requested a valuation to be carried out which again was dealt with swiftly. We proceeded to completion. The build went very smoothly with monthly monitoring being carried out by BLG and monthly drawdown requests dealt with in a very timely manner. Due to a difficult time generally in the market in regards selling, I was in need of a six-month extension to the loan which again was appraised very quickly and granted. Having dealt with numerous funders over the last 20 years, I can only speak highly of my personal experience with BLG and would very confidently work with them again on any future projects. “

"From our side it has also been a pleasure working with BLG and the team there. We have found you easy to deal with, proactive in resolving any minor issues that have arisen through the project and shown great flexibility in working with us as a partner. We will certainly like to work with you on future partners."

“I really appreciate your hard work. We really like the way you communicate & I must say I haven't seen many people who are that approachable.”

“A very efficient processing team, dealing with the DD once deal credit approved, through to completion”

“Many thanks for your efforts on this one and getting it approved and sorted so swiftly, very much appreciated. I am sure I will be speaking to your over the coming months.”

“We had other funding options, but chose to use BLG again, as we work well with the team, who always provide very clear information and advice with a friendly approach throughout the funding process. Very efficient and always very helpful.”

“Many thanks Anil, it’s been a real pleasure working with BLG so far.  We’re lining up the next project too”

“We would recommend all staff we have dealt with at BLG, as we are very satisfied with the team and the initial offer/terms presented, then you and the funding team, through to the draw down team at valuation stage.”

“All documents are clear and the way you keep clients informed, all the way along the funding process, is refreshing for us”

“With regard to what should be improved at BLG, we work with many lenders in our business and we do not get the help and response we have had on the two projects with all at BLG on our funding for our developments.”

“We would particularly mention Dave Edwards and Tom Pitts as being central to having a smooth working relationship and being positive and helpful at all times. Their guidance in helping us navigate the project from inception to completion was invaluable. As was their patience, particularly at the beginning. We look forward to many future projects with the BLG team.”

“We would like to express our appreciation for your support on our development in Bristol. We were very pleased that, from the outset, you shared our vision of the project to convert a dated but classical building, that had outlived its usefulness as a school, into unique luxury apartments with views overlooking the city. We found our dealings practical and streamlined. Monthly payments were processed in an efficient and timely manner.”

“BLG are very good at communicating with clients and all documents are very clear and all at BLG are always happy to help.”

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