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Permitted
Development
Finance

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.

24 Months

Loan term up to 24 months

70%

Lending up to 70% Loan to Gross Development Value including interest

£15,000,000

Loan from £1,000,000 to £15,000,000

Brick and wood panelled new build property

Permitted Development Finance Conditions

Our permitted development property finance offer:

  • Lending to 70% Gross Development Value
  • Loans from £1m to £15m.
  • Lending for build duration typically up to 24m, but longer terms can be considered.
  • Your monthly interest can be added to the loan, so you have no payments during the loan term.
  • Commercial bridge to enhance / obtain planning
  • Occupied or vacant

With extensive experience across all PD use classes, we understand the nuances that can affect viability, from prior approval risks to structural limitations in commercial-to-resi conversions.

Our funding is built around speed and certainty, allowing developers to maximise uplift and minimise delays. We don’t just assess planning; we look at the full picture – location, end value and execution, to back projects that unlock real value under permitted development rights.

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.”

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