How Cardiff Development Finance Works

Contact us with your project details — scheme type, location, estimated costs, and GDV. We provide an initial assessment within 2 hours during business hours. No obligation, no cost at this stage.

We carry out a soft credit check (no impact on your credit score) and prepare a full development appraisal. This includes reviewing your build costs, GDV assumptions, profit margin, and experience level. We identify the most suitable lenders for your Cardiff project.

We present you with indicative terms from our recommended lender(s), including loan amount, interest rate, fees, drawdown schedule, and conditions. For Cardiff projects, we will also advise on Development Bank of Wales co-funding eligibility where applicable.

The lender instructs an independent RICS valuation of your site and proposed development. The valuer assesses current site value, build costs, and gross development value. Cardiff-based valuers with local market knowledge are used to ensure accurate assessments.

Legal teams on both sides carry out due diligence on the property title, planning permissions, and development agreements. For Welsh sites, this includes checking compliance with Welsh-specific planning requirements and any bilingual obligations.

Funds are released. The initial drawdown typically covers land acquisition (if not already owned) and initial build costs. Subsequent drawdowns are released in stages as the build progresses, verified by the lender's monitoring surveyor.

Throughout the build, the lender's monitoring surveyor visits site at agreed intervals to verify progress before releasing each drawdown tranche. We remain in close contact throughout, helping resolve any issues that arise during the build period.

On completion, you repay the development loan through sale of completed units or refinance onto a long-term investment mortgage. We can arrange development exit finance if you need to bridge the gap between completion and final sales.