From ground-up builds to conversions, Phoenix Commercial Finance can help you access the right funds for your next property development project.
It doesn’t matter how much experience you have; we have access to lenders who offer straightforward solutions that are designed to match your build schedule and cash flow.
If you’d like to speak to one of our experts about a bridging loan, send us a message on WhatsApp – we’re happy to help.
Development finance is a form of specialist property funding designed to support construction, conversion and refurbishment projects. Unlike traditional mortgages, development loans are typically released in stages (drawdowns), aligned to the progress of the build.
Funding is usually based on a combination of:
The value of the site or property
Build costs
The projected Gross Development Value (GDV)
Development finance is commonly used by experienced developers, first-time developers working with professionals, and investors undertaking refurbishment or conversion projects.
Development finance can be structured in several ways depending on the project:
Funding for new-build residential or commercial schemes, from initial purchase through to completion.
Suitable for light, medium or heavy refurbishments, including property conversions and change-of-use projects.
Short-term finance that is used to acquire a site or property quickly, often before longer-term development funding is in place.
Each structure is designed around the project’s risk profile, build programme and exit strategy.
Used for projects such as single-unit builds, small housing schemes, conversions and refurbishments intended for sale or refinance.
Designed for offices, retail, industrial units, mixed-use schemes and semi-commercial developments, often with more complex funding structures.
Phoenix Commercial Finance works closely with development finance lenders across both sectors, ensuring the facility reflects the asset type, project scale and exit.
Every development loan needs a clear exit strategy. Common exits include:
Sale of the completed units
Refinance onto a buy-to-let or commercial mortgage
Development exit finance to allow more time for sale or stabilisation
We help structure development finance with the exit in mind from day one - reducing risk and avoiding unnecessary pressure at the end of the project.
Most development finance facilities require a level of borrower equity, either through:
Cash contribution
Existing land value
A combination of both
Rates, leverage and terms vary depending on experience, location, project complexity and exit strategy. Our role is to present your case clearly to the market and secure terms that support delivery and not just approval.
At Phoenix Commercial Finance, we work with a wide panel of UK development finance lenders, and we structure facilities around your build programme, ensuring there is a clearly defined exit.
We support residential, commercial and mixed-use projects and handle the process end-to-end, helping projects move smoothly from start to finish.
If you’re planning a development or refurbishment project and need funding that aligns with your timeline, speak to our team today on WhatsApp to discuss your project.
A bridging loan for property development is usually used to acquire a site or property quickly. Phoenix Commercial Finance can assess your project and advise whether a bridging loan or full development finance is more suitable.
Eligibility depends on factors such as project type, borrower experience, location, build costs and exit strategy. A strong proposal and realistic figures are key.
Refurbishment finance ranges from light refurbishment loans to heavy refurbishment or development finance, depending on the scope of works. We help match the funding to the scale and complexity of the project.