Development Finance

What is Development Finance?


Development finance is a longer term lending solution which can be used to finance refurbishment / conversion or ‘ground-up’ projects. Development finance is particularly useful when funding for works to a property are being sought.


How can Avamore help?


Please see below a full rate card for development finance, get in touch if you’d like to discuss anything further:

Item Number*
Max LTGDV 65% (including rolled up interest)
Max Day 1 70% (including fees)
LTC 90%
(including rolled up interest & fees)
Developer Profit (minimum) 20% profit on (post finance) cost
Loan Term 3-24 months
Minimum Loan Size £500,000
Maximum Loan Size £10,000,000
Minimum Interest Conversion: 6.5% p.a. (up to 24 months)

Ground Up: 8% p.a. (up to 12 months)

Maximum Interest 11.4% p.a.
Type of Scheme Residential or mixed use
Borrower Type Limited companies and incorporated partnership
Fees Arrangement fee: 2.0%

Exit fee: 1.0% of loan

Location Avamore Geographies


*All rates are subject to situational review

Next steps


To discuss next steps, please call us on +44 (0) 203 440 9651 or, send us an email on If you are ready to check whether your case qualifies, please email us the following information:


  • Description of project and completed units
  • Location
  • Developer experience


When do you use development finance with Avamore?


  • Refurbishing and / or extending an existing property
  • Ground up development of a site
  • Converting an existing property to residential units or a mixed-use scheme



Avamore’s experience


We have issued a number of development loans, review our case studies and find out how we have helped clients previously.

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