Development Finance

Explore our range of development finance support tailored to your requirements

Whether you’re an experienced property developer or embarking on your very first project, OpenDoor Mortgages can help by referring you on to our trusted partner for development finance. They understand the complexities of financing property development and have a wide array of solutions at their disposal. With a goal to empower you to bring your vision to life, and provide the support and guidance you need every step of the way.

What is development finance?

Development finance is a bespoke financial solution designed to fund property development projects, such as constructing new buildings, renovating existing ones, or converting properties for different purposes. OpenDoor Mortgages can help by referring you on to our trusted partners for expert assistance in securing development finance tailored to your project’s unique needs. Our extensive network of industry experts allows us to connect you with the right partner, ensuring that your property development ventures are supported every step of the way.

How do I qualify for development finance?

To qualify for development finance, you’ll need to meet specific criteria that can vary depending on the lender and project type. At OpenDoor Mortgages, we’re here to guide you through this process, evaluating your project’s eligibility based on key factors, including:

Project Viability

Lenders assess the financial feasibility of your development project.

Experience

Your prior property development experience may be taken into account.

Security

Often, collateral, such as the property under development, is required.

Financial Standing

Lenders evaluate your financial stability and your ability to repay the loan, which includes having a clear exit strategy.

Leveraging our expertise, we can help you meet these criteria and secure the development finance support you require.

Why would I use development finance?

Development finance offers risk reduction and scalability, making it an attractive choice for property developers. With borrowed funds, your personal capital remains protected, crucial in the unpredictable world of property development. Additionally, it allows for larger projects and multiple ventures, potentially boosting returns on investment. Most importantly, it opens doors to opportunities that might otherwise be inaccessible. At OpenDoor Mortgages, we’re your trusted partner in simplifying the complexities of development finance, from assessing project viability to connecting you with suitable lenders. As your trusted partner, we’re here to ensure your property development goals are within reach.

About OpenDoor Mortgages

Whether you’re buying a property, remortgaging, moving house, changing ownership, or investing in property, our goal at OpenDoor Mortgages is to ensure a smooth, stress-free journey for you. Our foundation is built on challenging preconceived notions of what a mortgage brokerage should be, all for the benefit of our valued customers. We go above and beyond, ensuring that our customers’ needs are the sole priority in every decision we make. Our dedicated team offers a wide range of services, and we’re committed to providing solutions for every query, concern, or hiccup with the help of our skilled, knowledgeable, and compassionate staff.

Help & Learn

Explore our Help and Learn Hub, your go-to resource for articles, guides, and videos. We simplify the complexities of property transactions, from buying and remortgaging, to moving, changing ownership, investing and everything in between.