Are you struggling to secure property development finance? Perhaps our team can help…

Are you struggling to secure property development finance?

There is no denying that the commercial lending sector is experiencing some challenges due to global events; however, we are still successfully securing loans for a wide variety of clients who are able to demonstrate that their proposition presents a viable opportunity.

In one of our most recent cases, our client owned a property with a commercial unit on the ground floor and two flats above. The client held an ambition to extend the property upwards, creating a further two flats on the upper floors, and required a mortgage to refinance their current loan, repay a personal loan and pay for the works on the project.

There were several challenges outside of the obvious issues being faced in the wider market. Firstly, the flats would be classed as new build properties which are historically more difficult to finance. Secondly, there were surrounding commercial properties which could affect the final value of the new build flats.

Our Associate Director Paul Fredericks was able to prove to the lender that the current building was providing a viable return by demonstrating continued rental income, despite the challenging market. This evidence meant the lender was happy to continue with the application, and our client’s development will be going full steam ahead.

If you are facing a challenge with your lending, don’t hesitate to get in touch with our team of expert advisors.

Return to Our Case Studies

Our insights


We are the UK’s leading specialist in delivering innovative and bespoke financing solutions to global clients.

Reviews


Specialists in creating innovative and bespoke funding solutions.

Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Changes in the exchange rate may increase the sterling equivalent of your debt. You may have to pay an early repayment charge to your existing lender if you remortgage. Think carefully before securing any other debts against your home.  

largemortgageloans.com is a trading name of Largemortgageloans.com Ltd, Aegon House, Ground Floor Suite, 13 Lanark Square, London, E14 9QD authorised and regulated by the Financial Conduct Authority (FCA). Our FCA registration number is 302228 and can be viewed by visiting the FCA website: www.fca.org.uk.  The FCA does not regulate tax advice or some aspects of commercial, buy to let, overseas mortgages, bridging finance, finance and asset lending.  

Largemortgageloans.com Limited is registered with the Guernsey Financial Services Commission, reference number: 2269418, as a Non-Regulated Financial Services Business.  

Largemortgageloans.com Ltd Registered in England and Wales No: 5070990 Registered Address: As above. The guidance and advice contained within the website are subject to the UK regulatory regime and is primarily targeted at UK customers. Calls may be recorded for training and monitoring.