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Development projects starts with a plan. The hard part is the implementation which requires considerable amount of money. The money can be in the form of residential development finance or commercial development finance. Experienced developers have the edge in getting 100% development finance but it should be supported by complete plan, feasibility of the project and sustainability of the cash flow. In other words, lenders for development finance UK just wants to make sure that the loan will not be outstanding for a long time and that the project will be done in the desired time. Also, lenders want to see a realistic promise of return of investment. Generally, the 100% development finance can be used for the refurbishment, property conversion and new build schemes. A property refurbishment project would involve the purchase of a property and immediate refurbishment. These project usually turn round very quickly as planning permission is not generally needed. Property conversion Read More