Property Development Finance
Helping you turn property development dreams into reality!
Turn to Bridgewater for property development finance – up to 100% of build costs available
At Bridgewater Acceptances we specialise in providing tailored financial solutions to property developers. Whether it’s a residential, commercial or mixed use development, we can provide fast, flexible financing for your clients to:
Fund the purchase or refinance of land with or without planning
Fund build costs where the land is already owned without any loans secured against it
Fund the purchase of land up to 60% LTV
Fund up to 100% of your build costs
Where the security is purely land, without planning, we can offer a choice of repayment options which will include a short term bridging loan up to 24 months, a long term mortgage up to 10 years interest only, or 30 years on a capital and interest basis.
Where the security is land plus build/development costs, we can provide short term bridging loans up to 24 months. If requested we can consider converting the loan upon completion of the build into a long term mortgage.
We can, and do, offer flexible solutions to those who wish to purchase land or who wish to build residential, commercial or a mixture of both property types.
We provide “In Principle” terms provided prior to a full application being submitted.
Our property development finance criteria.
Property Development Finance Criteria
Loans up to £20M
Up to 60% of 180-day land value
Up to 100% of build costs
Purchase, refinance or capital raising
Interest rates from 1% per month - roll-up of interest available
Repayment terms from up to 18 months
1st charge required over land in England, Scotland & Wales
Refurb Project Finance Criteria
Loans from £25K to £5M
Up to 75% of current value on a residential property with light to medium refurb
Up to 70% of current value on residential property with heavy refurb
Up to 65% of 180 day value on a semi/commercial property refurb
Bridging loan available up to 24 months
Further advances considered after completion
Interest rates quoted on a case by case basis
Long term mortgages up to 30 years
“In Principle” Terms can be provided prior to a formal application being submitted. Where development finance is required, we welcome first-time developers, but borrowers would need previous property development experience, especially if the build consists of more than 1 or 2 residential units.
Land only loans can be funded with or without planning permission and we can take a 1st or 2nd charge over farms, where there is commercial activity carried out on land and the farmhouse represents no more than 40% of the total site. All cases are considered including auction purchases and non UK investors.