Development finance by Acorn.finance
Building your dream!
Funding your property business – from the ground up!
Your development project - FUNDED!
Traditional banks will only lend up to 50% of the finished value.
Many developers need more than that, to build out a bigger site or to take multiple sites at the same time.
Using our lenders anything up to 100% of the build cost and for some developments 100% of all the costs, including the land, the professional fees and the build.
Yes – Funders are looking primarily at the value of the finished property and the build costs. As long as the build makes sense there will be a lender there for you.
As with most types of funding, development finance is easier for clients with experience, but we all have to start somewhere!
So we’ve got a full range of lenders to get you started and beyond!
The loan is paid off at the end of the development from the property sales or from refinance to a term mortgage or end of development loan. There’s no requirement to cover any interest payments during the loan.
No – of course there is finance available for houses and flats but we can also provide development loans for commercial property – retail, office or industrial, holiday lets, we can fund partially complete developments or mixed use properties. So long as there’s demand for the property you’re building there will be funding available for it.
Acorn.finance recently funded cases
What makes Acorn.finance unique?
Having more than 300 lenders on our lending panel means our key task is to keep things simple for you!
We call it F.U.N.D.E.D.
It’s a simple 6 step process, which is unique to Acorn.finance
FUNDED means that your Acorn.finance broker will take the time to understand your funding needs today AND your future plans before we make recommendations;
It saves you time and money because by having that detailed understanding we go directly to the best sources of funding.
How else can Acorn.finance help?
Site purchase funding
Funding the site purchase can be the first step in your build.
With our funding partners up to 100% of the site purchase price can be funded.
Once your development is complete (or before) the sales process starts, but once the build is complete, development finance can be at a higher interest rate than you need to pay.
The value is significantly more than you owe at this point so there could also be equity trapped in the development which could be funding your next project.
With development exit finance you can release up to 75% of the value of the finished site, often at lower cost than carrying on with the development loan.
As well as releasing capital for your next build, it also takes the pressure of you to accept cheeky bids from buyers who think you’re desperate!