DEVELOPMENT FUNDING

Development funding is difficult to obtain in the current lending climate.

Lending institutions have imposed strict restrictions for those in need of development finance. At MFS, we understand that developers have the expertise, experience and finance to invest but, due to a range of different circumstances, are not able to acquire the funds needed in time. This leads to developers missing their growth targets.

But MFS’ proven due diligence process means that we can deliver a development lending solution tailored to your needs.

MFS has a long and consistent track record of providing development finance, including:

  • Residential development
  • Commercial development
  • Land acquisitions
  • Housing associations developments
  • Planning gain finance
  • Cashflow finance

We can source senior debt equating for up to 70% of the gross development value (GDV), with loan sizes ranging from £1m to £50m.

Our products on offer have been developed based on MFS’ own experience in the property market, with the flexibility required for each loan solutions to be structured on a case by case basis.

We work closely with various lenders and financial institutions so that we offer the most competitive and flexible terms available. We also have strong business relationships with established hedge funds and private equity investors who are keen to invest in our development projects.

MFS is on hand to help you prepare a comprehensive proposal to lenders, ensuring the requirements are outlined in the right way. We work alongside you from the initial application through to the drawdown of fund, and can arrange funding for single units or large developments of residential (houses and apartments), commercial and mixed-use schemes in the UK.