Property development finance to support you from the ground up.
The UK urgently needs homes and commercial property. We can give you the financial head start you need to build them.
What is property development finance?
When it comes to property development, you need to invest significant sums upfront in order to get started. That’s where our property development finance services can help.
Whether you’re looking to create large-scale developments such as residential housing projects, office block construction or extensive renovation works – Prydis can assist with funding.
How does property development finance work?
Property development finance can provide funding towards the purchase of the land as well as the actual development. The amount of funding will vary based on the project and the experience of the developer. The finance provider will generally agree to provide a % of the project’s gross development value. Funds are then provided throughout the development on a drawdown basis following sign off from the lenders monitoring surveyor.
What can you expect from Prydis?
The terms of your property development finance are incredibly important. Fractions of a percent on the payable interest can make a huge difference to your eventual profits.
Because we are totally independent here at Prydis, we have access to a large number of development providers and can work to ensure we put you with the provider that meets with your needs and is competitively priced.