Property Development Finance

from The House Crowd

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Development Finance With The House Crowd

Are you are looking for property development finance for future projects?

The House Crowd are looking to partner with experienced property developers and builders with a proven track record to help them finance their projects through our cutting-edge crowdfunding platform and/or our institutional partners

Development finance criteria

We want to lend for:

  • New build residential developments
  • Office to residential conversions
  • Medium to heavy refurbishments
  • Commercial or mixed-use development
  • GB property only (England, Wales, Scotland)

Why Work With The House Crowd?

We want to build long lasting relationships with our developer clients and will be as flexible as we can to create a development finance deal that works for you.

Unlike other lenders, we also have our own development company (House Crowd Developments) and know all about the problems property developers face. If (when!) issues do arise with your project, our experienced in-house development team can work with you to help resolve any issues.

Since 2017 we have funded the building of over 310 units with a GDV of over £81m. Our application process is straightforward and if you and your project match our criteria we and can provide funds as soon as all legal due diligence has been completed.

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Our Property Development Finance Solutions Offer You

Our Borrowing Criteria

Minimum loan size: £500,000

Maximum loan size: £5,000,000

Interest rate: Starting from 9% p.a.

Interest payment: Retained

Arrangement fee: 2% of gross loan value

Exit fee: 1% of gross loan value

Maximum loan term: 24 months

Exposure: 75% of combined purchase/construction costs or 70% of the gross development value (GDV).

Release of funds: In arrears following valuation by our fund monitor

Valuation fees: To be determined on a case by case basis

Application fees: Free to apply

Location: Great Britain only (England, Wales, Scotland)

Our Simple Application Process

We are looking to work with builders and developers with a proven track record and a professional team. Once your development loan application is approved, we will work with you to fund your next project, subject to the following pre-conditions.

  • Full planning permission
  • Architect’s drawings
  • First legal charge on the property / land asset
  • Additional security may include personal guarantees, debentures and warranties
  • Contractor must be appointed under a fixed price JCT contract
  • No Grade I listed properties
  • P&L/accounts
  • Assets and liabilities statement
  • Detailed development appraisal
  • Cash flow and build programme
  • Apply Now

    How We Raise Money

    House Crowd Finance is a marketplace lender. We have institutional partners and an innovative crowdfunding platform.

    Members who sign up to The House Crowd and pass our due diligence checks are eligible to invest on our crowdfunding platform – the minimum investment is £1,000. Investors effectively buy a share in the loan that is extended.

    Before launch, we will work with you to prepare all necessary marketing collateral, including:

    • Investor presentation pack
    • Webinar presentation and Q&A with investors
    • On site content and presentation
    • Email and SMS marketing
    • Search engine advertising
    • Social media advertising

    How To Apply

    To learn more about how we can help finance your development, simply fill in the quick form above and we'll contact your for an initial discussion.

    Apply Now