There are a range of scenarios where you may need to use Development finance.
No, a development can include a light or heavy refurbishment or a change of use such as from an office to flats in addition to a completely new ground up build
It is often in stages subject to the level of development and will be conditional on a visit from a quantity surveyor.
We have lenders that will work with new developers or self-builders, generally there are more options if you have experience, but it is not a necessity, everyone needs to start somewhere. It is important to make sure that you plan and budget for the costs involved with the development finance to keep your project profitable.
Yes we can in most cases as long as the completed work is completed to the correct standards.
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