Development Finance for £1,250,000 New Build House

The Requirement:

  • We had been approached by an experienced developer to assist in the purchase of land with planning to develop a 2500 square foot house with a value of £1,250,000 on completion.
  • The client wanted to 60% loan to gross development value.

The Good Stuff:

  • Margin 5.5%.
  • 2% fee in 1% fee out.
  • 60% loan to gross development value.
  • Term 18 months. Land loan with 100% of works funded in arrears.

Looking for in-depth information about Specialist Property Finance?

Download our product guides covering bridging loans, buy-to-let, specialist fincance, development finance and much more...


Being armed with all the relevant information at the outset.


Providing the highest standard of service for both our clients and lenders.

Long Term

Ensuring that the long-term goals of our clients are at the heart of everything we do.


Utilising our experience & relationships together with technology to improve the journey of our customers.

© 2018-2022 - Napex Finance Limited
Napex Finance Ltd is registered in England and Wales No. 11595149. Registered Office: 78 Loughborough Road, Quorn, Leicestershire, LE12 8DX All rights reserved. Napex Finance Ltd is authorised and regulated by the Finance Conduct Authority (FCA) No. 827051. The FCA does not regulate some mortgage contracts.