Development Finance
Development Finance is a short-term funding solution designed for property developers who need capital to build, convert, or complete projects. Unlike traditional mortgages, development finance is built for:
Development Finance Services
Development Finance UK
Development Finance UK — Specialist Funding for Residential, Commercial & Mixed-Use Projects Fast, flexible, and developer-aligned finance for UK construction, conversion, and value-add projects.
Read more ›Ground-Up Development Finance
Funding for new-build projects, including houses, flats, and multi-unit schemes. Supports staged drawdowns and SPV structures.
Read more ›Conversion Finance
Finance for converting commercial buildings into residential units, including offices, shops, warehouses, and mixed-use assets.
Read more ›Commercial-to-Residential Finance
Specialist funding for converting commercial assets into residential homes, ideal for Permitted Development (PD) schemes.
Read more ›Mezzanine Finance
Top-up development funding that sits behind senior debt, allowing developers to reduce deposit requirements and scale projects.
Read more ›Joint Venture Finance
Equity-based funding where lenders partner with developers to deliver projects, sharing risk and profit.
Read more ›Development Exit Finance
Short-term finance for completed projects, giving developers time to sell units or refinance at better rates.
Read more ›Development Finance London
Development Finance London — Specialist Funding for London Residential, Commercial & Mixed-Use Projects Fast, flexible, and developer-aligned finance for London’s high-value, fast-moving development market.
Read more ›Development Finance is a short-term funding solution designed for property developers who need capital to build, convert, or complete projects. Unlike traditional mortgages, development finance is built for:
- Ground-up developments
- Commercial-to-residential conversions
- Heavy refurbishments
- Multi-unit schemes
- SPV development projects
- Development exit strategies
Auction360 supports developer-focused underwriting, SPV-ready structures, and risk-managed finance to help developers deliver projects on time and profitably.
Why Auction360
Auction360 is engineered for developers who need speed, structure, and strategic support.
Why developers choose Auction360:
- Fast development finance approvals
- SPV-ready development structures
- Commercial-to-residential expertise
- Developer-friendly underwriting
- Development exit finance
- Risk analysis included
- Dedicated development case manager
- Full lender packaging
- Monitoring surveyor coordination
Auction360 is not a general broker - we are a specialist development finance platform.
How Development Finance Works
Development Finance provides staged funding for construction, conversion, or heavy refurbishment projects.
How it works:
- You apply for development finance
- Valuation + development appraisal
- Underwriting + cost analysis
- Offer issued
- Initial drawdown released
- Further drawdowns released via monitoring surveyor
- Project completed
- Exit via refinance or sale
Why development finance is ideal:
- Supports heavy works
- Provides staged drawdowns
- Works for SPVs
- Allows developers to scale
- Flexible terms (6–24 months)
Fast Completion
Developers need certainty - Auction360 delivers.
Typical timeline:
- Day 1: Pre-approval
- Day 2–7: Valuation + appraisal
- Day 7–14: Underwriting
- Day 14–21: Offer issued
- Day 21–28: Completion
Development exit finance available in 7–10 days.
Eligibility & Criteria
Development finance is flexible, but lenders require:
You are eligible if:
- You have a viable development plan
- You have experience (or a strong team)
- You have deposit/equity
- You are using an SPV
- The GDV (Gross Development Value) is viable
We support:
- First-time developers (with strong teams)
- Experienced developers
- SPVs and limited companies
- Conversion specialists
- Portfolio developers
Process
Auction360’s development finance process is engineered for clarity and speed.
Step-by-step:
- Development Strategy Session
- Pre-Approval
- Valuation + Development Appraisal
- Underwriting
- Offer Issued
- Initial Drawdown
- Monitoring Surveyor Staged Drawdowns
- Completion of Works
- Exit Strategy (Refinance or Sale)
Case Studies
Case Study 1 — Ground-Up Development
- Purchase: £180,000
- Build Cost: £220,000
- GDV: £520,000
- Completion: 28 days
- Outcome: £120,000 profit
Case Study 2 — Commercial-to-Residential Conversion
- Purchase: £310,000
- Works: £160,000
- GDV: £620,000
- Outcome: £150,000 uplift
Case Study 3 — Development Exit Finance
- Loan: £480,000
- Completion: 9 days
- Outcome: Developer gained time to sell units at higher market value
Frequently Asked Questions
What is development finance?
Development finance is a short-term loan used to fund construction, conversion, or heavy refurbishment projects.
How fast can development finance complete?
Most development finance completes within 21–28 days.
What is GDV in development finance?
GDV (Gross Development Value) is the estimated value of the completed project.
Can SPVs get development finance?
Yes - SPVs are the standard structure for development finance.
What is mezzanine finance?
Mezzanine finance is top-up funding that sits behind senior debt to reduce deposit requirements.
What is development exit finance?
Development exit finance is a short-term loan used after a project is completed to give developers time to sell or refinance.
Do I need development experience?
Not always - first-time developers can qualify if they have a strong professional team.
Do lenders fund 100% of build costs?
Yes - many lenders fund 100% of build costs, subject to GDV and deposit.
How are drawdowns released?
Through a monitoring surveyor who approves each stage of the build.
Can I use development finance for conversions?
Yes - conversion finance is one of the most common development products.
Do lenders require monthly payments?
Most development finance uses rolled-up interest, meaning no monthly payments.
Can SPVs get development finance?
Yes - SPVs are the preferred structure for development projects.
What fees are involved?
Lender fees, valuation fees, monitoring surveyor fees, legal fees, and interest.
Ready to move forward?
Speak to an Auction360 specialist about development finance and get indicative terms.
Speak to a Specialist Book a Discovery Call