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Student Accommodation Development Finance

Student Accommodation Development Finance

by | Apr 9, 2025

Supporting Purpose-Built Student Housing Concepts

Demand for high-quality student housing continues to rise across the UK, and developers are increasingly stepping in to meet the needs of a growing and more discerning student population. At BLG, we offer flexible, specialist student accommodation development finance to help fund the construction, refurbishment or conversion of student-focused schemes in key university cities and towns.

Whether you are creating purpose-built student halls or converting an existing property, our student accommodation development loan options are designed to support you every step of the way, from site acquisition to project completion. Get in contact with our team today to find out how we can assist you – tell us about your plans and we’ll quickly let you know how we can help – with an expected funding release of between 6 to 8 weeks.

Student Hall Development Finance Conditions

Our student accommodation development loan offer:

Your Student Accommodation Development Finance Application

Student accommodation development funding provides developers with finance specifically for schemes aimed at purpose-built student accommodation (PBSA). These developments often involve large-scale builds, tight timelines and careful consideration of lettings cycles and academic year occupancy. That’s why it’s essential to partner with a lender who understands both the sector and the risks. BLG Development Finance has years of experience in financing the construction of student housing including purpose-built student accommodation, high-spec communal living spaces and hybrid mixed-use developments with a strong student focus.

  • New-build student accommodation blocks – Finance for ground-up developments purpose-built for student living, from boutique schemes to large-scale PBSA projects in key university locations.
  • Refurbishment or conversion of existing buildings – Funding to repurpose offices, hotels or older properties into modern, compliant student housing.
  • Mixed-use schemes with a student residential element – Flexible finance for developments that combine student accommodation with retail, commercial or other residential uses.
  • Purpose-built student halls with individual or cluster rooms – Support for PBSA projects offering en-suite studios or shared apartments, often with communal amenities like study areas, gyms and lounges.

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.

Purpose-Built Student Housing Backed by Expert Finance

Student housing is a specialist sector, and we treat it that way. We understand the importance of completing projects in time for the academic intake, the significance of pre-let agreements and the role of university partnerships in shaping demand.

We aim to make your application and approval process as smooth as possible, especially for developers new or inexperienced in the student sector. Our student accommodation development loans support developers in delivering the kind of high-spec, well-located and thoughtfully designed homes that modern students demand.

Whether you’re planning a flagship PBSA scheme or a smaller conversion project, we’re here to make your finance journey faster, simpler and more reliable. Get in touch with our specialist team today to explore how our student hall development finance solutions can help you build the next generation of student living.

Contact Us Today

    Student Accommodation Development Funding FAQs

    What is student accommodation development finance?

    Student accommodation development finance is a type of property development loan specifically designed to fund the construction, conversion or refurbishment of buildings intended for student housing. This includes purpose-built student accommodation (PBSA) and mixed-use developments with student elements.

    Do you finance both new builds and conversions?

    Our student accommodation development finance covers ground-up construction, as well as the conversion or refurbishment of existing buildings such as offices, hotels, or former residential properties.

    Can I apply for a student accommodation development loan without a pre-let agreement?

    We will consider both pre-let and speculative developments. While pre-let agreements can strengthen your application, we assess each project individually based on location, demand and your track record.

    Is student hall development finance suitable for first-time developers?

    Yes, we’re open to supporting first-time or less experienced developers, especially if you have a strong professional team and a clear exit strategy in place.

    Do you fund student accommodation in smaller university towns or only major cities?

    We consider schemes in both large cities and smaller university towns, provided there’s clear, evidenced demand. Factors like student population growth, local supply gaps and university expansion plans all play a role in our assessment.

    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.”

    Tell us how we can help you.

    Student Accommodation Development Finance

    Ground Up Development Finance

    by | Apr 9, 2025

    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.

     

    Contact Us Today

      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.”

      Tell us how we can help you.

      Student Accommodation Development Finance

      Permitted Development Finance

      by | Apr 9, 2025

      Flexible Finance for Permitted Developments

      Permitted development rights have opened exciting new opportunities for developers, but securing finance for these types of projects can sometimes feel less straightforward. At BLG, we work with you to clearly communicate the unique characteristics of permitted development loans and offer tailored funding solutions that help you make the most of them. We provide specialist support for developers and intermediaries working on schemes that fall under permitted development rights, helping to unlock value with speed and clarity.

      Our permitted development finance options are designed specifically to support these time-sensitive, opportunity-driven projects. Using our streamlined process and framework, we enable developers to act fast and take advantage of valuable planning exemptions, without compromising on quality or support. Contact our team today to learn more about how we can help you.

      Permitted Development Finance Conditions

      Our permitted development property finance offer:

      Your Permitted Development Funding Application

      Permitted development finance offers developers short to medium-term funding for projects that do not require full planning permission thanks to the government’s permitted development rules. These schemes often involve the conversion of commercial buildings into residential units or the refurbishment of existing residential layouts. These developments come with their own sets of challenges – from understanding local planning constraints to navigating tight timelines.

      At BLG, we are experienced in assessing and funding these types of projects, offering more than just finance but also insight, clarity and confidence throughout the entirety of the process. Whether you’re working with Class MA, Class G or other permitted rights, we’ll help shape a funding solution that supports your vision.

      Our permitted development property finance is suitable for a wide range of PD-convertible buildings including:

      • Office-to-residential conversions – ideal for developers transforming disused or under-occupied office buildings into much-needed housing under Class MA rights.
      • Light industrial to residential schemes – including the redevelopment of storage or workshop spaces into high-quality homes where Class PA or similar PD rights apply.
      • Retail units to residential – for projects repurposing vacant high street shops into residential accommodation or mixed-use developments.
      • Mixed-use reconfiguration – combining residential and commercial elements, with flexibility to reshape internal layouts while staying within permitted development limits.
      • PD schemes with or without prior approval – we support projects at various stages, whether you’ve already secured prior approval or are planning to apply.

      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.

      Maximise the Value of Permitted Developments

      Permitted development rights offer speed and opportunity, and your finance should match that. We’ll support your ambitions to seize the moment with fast, flexible permitted development finance backed by expert support.

      At BLG Development Finance, we specialise in providing permitted development funding that supports you every step of the way. Whether you’re converting office space into high-demand apartments, transforming disused industrial units into modern residential properties or reviving neglected mixed-use buildings, our team is committed to providing the funding solutions you need to move forward with confidence.

      Contact us today and discover how our permitted development property finance can turn your vision into reality. With the right financial backing, we can help you complete your project on time, within budget and with the confidence to move on to the next opportunity.

       

      Contact Us Today

        Development Finance for Permitted Developments FAQs

        What is permitted development finance?

        Permitted development finance is a short-term funding solution for projects carried out under permitted development rights. These are schemes that do not require full planning permission, such as converting office buildings into residential units.

        Can you fund permitted development schemes without planning permission?

        Yes – as long as your project falls under permitted development rights and you have the necessary prior approval, full planning permission is not required.

        What is the exit strategy for permitted development finance?

        Your exit strategy could be the sale of the completed units or refinancing onto a longer-term facility. A clear and realistic exit plan is an essential part of your application.

        Can I use permitted development finance for a part-conversion or refurbishment?

        We can fund part-conversions and refurbishments where they fall under permitted development rights, including internal works that improve layout, add value or modernise the property.

        Can you be refused permitted development?

        Although permitted development rights allow you to bypass full planning, your project can still be refused if it doesn’t meet the specific criteria set out by legislation. Common reasons include non-compliance with size limits, design standards or local authority concerns raised during the prior approval process.

        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.”

        Tell us how we can help you.

        Student Accommodation Development Finance

        Senior Debt Development Finance

        by | Apr 9, 2025

        Reliable & Scalable Funding for Developers

        A successful property development requires dependable funding that aligns with the scale, complexity and timeline of your project. At BLG, our senior debt development finance solutions are designed to provide exactly that – providing developers a clear and stable foundation to build on. Whether you’re working on a new residential scheme, a mixed-use development or a commercial build, our property development senior debt options offer the structure, flexibility and support you need to move with confidence from start to finish.

        Learn more about our senior debt finance for property development rates or reach out to a member of our team today to discuss your project further, and see if you’re eligible for funding as soon as possible.

        Senior Debt Finance Conditions

        Our senior debt finance for property development offer:

        Your Senior Debt Development Finance Application

        Our role as a senior debt provider is to give you the scale of funding you need, structured around your development timeline and backed by expert support from day one. We understand that accessing property development senior debt can sometimes feel like a complex process – especially when time is short. That’s why we aim to simplify the journey.

        Our senior debt development finance is designed to support a wide range of development projects across the UK. Whether you’re building from the ground up or repurposing an existing structure, we offer funding solutions tailored to your scheme’s specific needs.

        • Residential housing schemes – from small clusters of houses to large-scale residential communities

        • Mixed-use developments – combining residential, retail or commercial elements into a cohesive, marketable project

        • Purpose-built flats and apartments – including single-block builds and multi-phase developments

        • Office, retail or light industrial builds – where there is clear demand and strong exit potential through sale or lease

        • Conversions and refurbishments – transforming existing buildings into residential or commercial use, including listed properties or complex planning permissions

        Each application is reviewed on its own merits, with flexibility around project type, location and borrower experience. If you’re unsure whether your scheme would qualify, get in touch and we’ll be happy to talk it through.

        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.

        Senior Debt Development Finance That Builds More Than Property

        Here at BLG Development Finance, we believe great developments deserve great support. Our senior debt finance is designed to be as reliable, flexible and aligned with your project success as possible.

        Whether you’re new to the industry, delivering your first large-scale project or are an experienced developer looking for a new funding partner, we bring the expertise and commitment you will need to help achieve your goals and beyond.

        If you’re ready to discuss further how property development senior debt could support your next project, or simply want to learn more about how we might be able to help your business growth in different ways – our team is only a phone call or email away. Contact us today and let’s talk about building something great together.

        Contact Us Today

          Senior Debt Finance for Property Development FAQs

          What is senior debt in development finance?

          Senior debt is the primary layer of funding used in a property development project. It usually covers the majority of the build and land costs and holds first-ranking security over the development site. In the event of a default, senior debt is repaid before any other funding layers.

          What can senior debt be used for?

          Senior debt can be used to fund land acquisition, construction costs, professional fees and associated development expenses. It’s suitable for residential, commercial and mixed-use schemes, including conversions and refurbishments.

          How is senior debt different from mezzanine finance?

          Senior debt typically provides the largest and most secure portion of the funding stack, while mezzanine finance is a secondary layer used to fill any funding gaps. Mezzanine sits behind senior debt in terms of repayment priority and often carries higher interest rates due to the increased risk.

          What qualifies as senior debt?

          To qualify as senior debt, the funding must be secured with a first legal charge over the development site and is typically used to cover the bulk of land and construction costs. It’s considered lower risk compared to mezzanine or equity funding due to its secured status and repayment position.

          What is the difference between senior debt and junior debt in development finance?

          Junior debt – often referred to as mezzanine finance – is a secondary loan that sits behind the senior debt in the capital stack. It typically carries higher interest rates due to the increased risk and is only repaid once the senior debt has been cleared. Developers may use both to reduce the amount of equity required, but it’s important to structure them carefully to ensure alignment between all parties.

          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.”

          Tell us how we can help you.

          Student Accommodation Development Finance

          First Time Developer Finance

          by | Apr 9, 2025

          Development Finance for First-Time & Inexperienced Developers

          Helping First-Time Developers Build Confidence Through Industry-Leading Support

          Taking on your first property development project is a big step – and finding the right funding can feel like a challenge. At BLG Development Finance, we specialise in supporting ambitious new developers with the tailored finance, expert guidance and flexibility you need to bring your project to life, from start to finish. Our first time developer finance solutions are designed to open doors for those new to the sector. Whether you’re building a single home, converting a small block or undertaking a more ambitious scheme, we’re here to help you secure the funding that gets your project off the ground.

          Entering the world of property development for the first time comes with a steep learning curve, which can make it difficult for new developers to access the support they need. Our team is ready to help though, with a focus on creating real opportunity, not red tape. We’ve helped many first-time developers complete their first build successfully – and go on to do many more!

          First Time Developer Finance Lending Conditions

          Our first time property developer finance offer:

          Your Development Finance for First Time Developers Application

          Applying for first time property developer finance doesn’t need to be daunting or overwhelming. Our team will support you in preparing the key information – including your budget, timelines, sales or letting strategy and team credentials. Our priority is to help you identify and minimise risk, present your plan clearly and build a case that gives confidence to our credit team. Having a clear exit strategy, whether through sales or refinance, is essential which our team will provide guidance with as part of your application.

          We offer first time property development finance on a range of project types including:

          • New build homes or flats – From single houses to small blocks of flats, we support first-time developers building new residential units for sale or rent.

          • Property conversions or refurbishments – Converting commercial buildings into homes or modernising existing properties can be a smart entry point into development. We provide funding for a wide range of refurbishment projects.

          • Small residential schemes – Ideal for first-time developers looking to build 2–10 units, such as a small group of houses or a modest apartment block.

          • Mixed-use developments with a residential focus – Projects that combine residential units with ground-floor retail or office space can be funded, as long as housing remains the core element.

          Our lending is always secured against the development property, and we work with you to put a strong team in place – from contractors to project managers – to increase confidence and improve the chances of success. We know that the first project sets the tone for your development career. That’s why we take extra care to ensure your finance solution is realistic, achievable and tailored to your 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.

          First Time Developer Finance Made Simple

          Start your journey from inexperienced developer to property professional. At BLG Development Finance, we make first time property development finance clear, accessible and achievable. Our goal is to empower you with the tools, insight and capital you need to succeed from day one, and to keep succeeding as your ambitions grow.

          We’ve built a trusted reputation by backing great ideas and helping new developers turn plans into real, completed projects. With every build, you gain knowledge, confidence and momentum – and we’ll be there to support you at every stage.

          If you’re ready to take the next step, get in touch with our team today. We’ll guide you through your first deal and stand by you as you grow your experience, your network and your development pipeline.

          Contact Us Today

            First Time Property Developer Finance FAQs

            What is first time developer finance?

            First time developer finance is a specialist type of funding specifically designed for individuals or companies taking on their first property development project. This funding will help cover the costs of land purchase, construction or refurbishment until the project is completed and sold or refinanced.

            What types of projects do you finance for new developers?

            We support a range of commercial and residential projects including single-unit builds, small residential schemes, conversions, refurbishments and mixed-use developments.

            What are the stages of development finance?

            Development finance typically follows four main stages:

            1. Initial Enquiry – You share details of your project, and we assess whether it’s a good fit for funding.

            2. Heads of Terms – If suitable, we issue initial terms outlining the loan structure.

            3. Full Application & Due Diligence – You submit your full application, and we carry out detailed checks including valuations, legal work and credit assessment.

            4. Drawdown & Build Phase – Once the loan completes, funds are released in stages as your project progresses. We’ll continue to support and monitor the build until completion and repayment via your chosen exit strategy.

            This step-by-step process ensures the finance is structured properly and gives you clarity throughout the development journey.

            Will I need to contribute my own funds to the project?

            Like most lenders, we expect you to contribute some equity to demonstrate commitment and reduce risk. We’ll discuss the right structure for your specific project during your application.

            What’s the exit strategy and why is it important?

            Your exit strategy is how you plan to repay the loan – usually through sales, refinancing or letting. A clear, realistic exit plan is essential to secure funding and gives both you and the lender (us) confidence in your project.

            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.”

            Tell us how we can help you.

              Quick Enquiry?

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