
Development Finance
SPF Private Clients (SPF) has many years of experience in raising funding for individuals and property companies for commercial, mixed-use and residential development. Using long established banking relationships SPF is able to source the most appropriate funding solution for projects regardless of deal size and complexity.
- Pre-planning: minimum loan size £500,000,
- Maximum loan size: £3,000,000.
- Development: minimum loan size £1,000,000,
- Maximum loan size £20,000,000-plus.
Examples of recent transactions SPF has successfully acted upon are as follows:
Second Charge Development Loan
Loan of £200,000 secured on existing main residence to build new house at the bottom of the garden. Secured by second charge as there was an existing mortgage on the property. The client could not borrow any more from their existing lender so a second charge bridging loan with rolled up interest allowed them to build their new home without increasing their monthly payments. An interest rate of 0.90% per month and a 1% arrangement fee.
New Build Development
The purchase of land with expired planning permission to build 5 houses. The client was confident of obtaining new planning permission so we arranged a loan of £250,000 against a purchase price of £500,000 at a rate of 0.85% per month. Development finance was then arranged when planning permission was obtained in order to fund the build.
Testimonials

Our consultant provided an outstanding service. He is a credit to SPF and is the exemplar of professional and efficient service. We cannot speak highly enough of him and the service he provided.
We would like to highlight that the service provided by your consultant securing our mortgage on our property has been exceptional. We have dealt with brokers in the past but she was a league above.
Her service was swift, knowledgable, reassuring and she found the best product for us whereas other companies had failed before. She was always reachable even when away and made us feel in safe hands throughout the process. We will warmly recommend her to our friends and look forward to dealing with her in the near future on our other properties.