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Ground Up
Development
Finance

Commercial & Residential Development Funding Built from the Ground-up

Whether you are embarking on your first ever scheme as an inexperience developer or your next large-scale build, securing the right funding is essential to bringing your vision to life. With ground up development finance, we can help developers who are specifically targeting those opportunities that begin at the very start and want to build a new residential or commercial property from scratch. 

From acquiring a vacant plot to completing a fully finished housing scheme, our ground up development loans will provide you with the capital and flexibility you will need at every stage of your journey. Reach out to a member of our team today to discuss your project in further detail and see how we can help you realise your plans for a completely new-build property development.

Ground Up Residential Development Conditions

Our ground up property finance offer:

Your Ground Up Development Finance Application

Ground up development finance is all about new beginnings, and so are we at BLG. We take a completely bespoke approach, offering residential developers clear, structured loans that align with their build schedules and sales strategies. This type of development comes with its own set of risks and capital demands – it’s not a conversion or refurbishment. It’s a full-scale new build, often starting from raw land or a cleared site.

  • New build houses, flats or mixed-unit sites – Whether you’re developing a series of high-quality homes or a mix of residential and commercial spaces, our finance is designed to support your entire build from the ground up.

  • Multi-phase developments – For larger projects that are built in stages, we provide flexible funding that aligns with each phase’s progress, ensuring you have the capital you need to keep the project moving smoothly.

  • Single dwellings or multi-unit residential schemes – Whether it’s a single family home or a larger residential block, we offer tailored financing to support developments of all sizes and complexities.

  • Sites with or without planning in place – We understand that many developments begin with raw land or an unapproved site. We can help fund projects at various stages, whether you’ve secured planning permission or are in the process of seeking it.

Additionally, we offer ground up commercial development finance for projects that incorporate commercial elements or are entirely commercial in nature. This includes mixed-use developments, retail spaces, or office buildings. Whatever your vision, speak to our team for bespoke funding options tailored to your project’s needs.

Share Your Project Details And Give Us A Call

If you’re interested in finding out if a development loan could work for you, simply share some details and get in touch. Our team of property finance experts will have a chat with you to see if we can help.

We’ll Find The Right Solution Together

Tell us about your project, and using our knowledge and experience, our team will work with you to create a customised solution that fits your goals. We’ll also walk you through the process, so you understand the next steps.

Get A Quick Answer

We’ll provide you with our heads of terms quickly. If they meet your needs, just send us a full application to proceed. From there, a credit review will take place, leading to an offer backed by our commitment.

Funds Are Released After Due Diligence

Once our verification process is complete (typically 6-8 weeks depending on the complexity), you can expect to receive your funds. Now you can get back to what you do best while we take care of the financing.

Build from the Ground Up with BLG

With decades of experience supporting developers across the UK, our team at BLG Development Finance doesn’t just provide capital, we provide partnership to help you build literally and financially.

We understand the pressures, timelines, and complexities involved in new-build projects, and we structure our loans to provide the capital and flexibility needed at each stage of the development journey.

If you’re planning a residential or commercial development from scratch, we’re here to support you in turning your vision into reality. With BLG’s flexible financing, you’ll have the financial resources to navigate the building process smoothly, while knowing you have a partner who understands your goals. Get in touch with our team today to discuss how ground up residential development finance can help you bring your land to life and create lasting value.

 

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    Ground Up Residential Property Development FAQs

    What is ground up residential development finance?

    Ground up residential development finance is a type of funding used to finance the construction of new residential properties, starting from the very foundations and building upwards. It typically covers land acquisition, construction costs, and associated project expenses. This type of finance is specifically for developers looking to create brand new homes or residential schemes.

    Can BLG support first-time residential developers?

    We offer ground up residential development finance to both experienced developers and those embarking on their first project. While experience is beneficial, we assess each application individually and provide support based on the specific characteristics of your project.

    Can ground up development funding be used for mixed-use projects?

    We can provide finance for mixed-use developments that include residential units. If your project combines residential and commercial elements, we’ll tailor your loan to suit the requirements of both aspects. Please speak with our team for more specific details on financing mixed-use schemes.

    Can BLG provide finance for developments outside of residential properties?

    in addition to ground up residential development finance, we will also offer ground up development funding for commercial projects. If your project involves both residential and commercial elements, or if you’re interested in a purely commercial scheme, we can discuss tailored finance options for your needs.

    Do I need planning permission before applying for ground up development finance?

    While having planning permission in place is ideal, we can still consider applications for sites that are in the process of securing planning approval. If you don’t yet have planning, we may still be able to support your funding, particularly if you have a clear plan and the project is well-structured. Speak with us to discuss your specific situation.

    WHAT OUR CUSTOMERS SAY ABOUT US

    "A challenging site like no other with every inch of the plot being built on and 12 apartments built-out through a driveway 2.5m wide off of a main high street with limited access rights, not to mention all the complexities associated with 13 Party Wall Agreements. Most lenders would not have had the vision for the scheme or the confidence in Spiller Builders to build out the scheme.  I just wanted to say how helpful the entire BLG team have been during the build. A very approachable and knowledgeable team, with a “can do” approach to lending. We will be looking to do more business with you for sure."

    “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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