Funding Ealing's Next
Development Scheme

Development finance in Ealing typically ranges from £250,000 to £25 million, depending on the project. Lenders will advance up to 70% of total project costs (Loan-to-Cost) and up to 65% of the Gross Development Value (GDV). The exact amount depends on the project's viability, your experience, and the security offered.

Development finance rates in Ealing currently start from 0.65% per month (7.8% per annum). Rates depend on factors including the loan-to-cost ratio, your development experience, the project's risk profile, and current market conditions. Our access to 50+ lenders allows us to secure competitive rates tailored to your specific project.

We can provide indicative terms within 24 hours of receiving your project details. Full credit-approved offers typically take 2-4 weeks, depending on the complexity of the scheme and the lender's requirements. For straightforward schemes with experienced developers, some lenders can complete in as little as 10 working days.

Most development finance lenders require you to contribute 25-40% of total project costs as equity (deposit). This can come from cash, existing property equity, or a combination. With mezzanine finance, we can reduce your equity requirement to as little as 10% of total costs, though this will increase your overall finance costs.

Yes, first-time developers can access development finance, though the range of lenders is more limited. You'll typically need to demonstrate relevant experience (such as project management, construction, or property investment), have a strong professional team (architect, QS, contractor), and be prepared to accept slightly higher rates. We specialise in helping first-time developers navigate the process.

We fund a wide range of development projects in Ealing, including ground-up residential new builds, commercial-to-residential conversions (including Permitted Development), heavy refurbishment schemes, mixed-use developments, and new-build commercial projects. Projects across all Ealing postcodes (W3, W5, W7, W13, UB1, UB2, UB5, UB6) are eligible.

Development finance is drawn down in stages as construction progresses. Typically, the initial advance covers the site purchase (day one drawdown), with subsequent tranches released against QS (Quantity Surveyor) certification of completed works. Common stages include foundations, superstructure, watertight, first fix, second fix, and practical completion.

Standard fees include an arrangement fee (1-2% of the facility), valuation fee, legal fees, and monitoring/QS fees. Some lenders also charge exit fees (typically 1%). As your broker, our fee is typically 1% of the facility. We always provide a full breakdown of costs upfront so there are no surprises.