Thanks to our development finance calculator, we can quickly provide you with a quote for development finance. This is a very useful tool for developers to determine if they will make a sufficient profit from a project, as well as giving you the option of adjusting details to find a finance option that suits you.
Before you start experimenting, you’ll need to enter a few key figures into the calculator to help determine your results. Try to be as accurate as possible when entering your details as it will provide more precise results. The information you’ll need includes:
Property development finance can range from relatively moderate conversions or renovations to huge construction projects. As such, the amount of money that a developer will require from a lender can vary greatly in size. At positive Commercial Finance, we cater to all our customers by offering a wide range of finance options, allowing you to borrow anywhere between £100,000 and £100 million.
Development finance arrangement fees are usually between 1% and 2% of the net or gross loan amount and are charged by the lender for setting up your loan. In most cases, the fee will be incorporated into the loan facility, meaning it can be paid when the loan is repaid.
There may also be an exit fee included in your loan — most commonly 1% of either the net loan amount, the gross loan amount or the GDV of the project. At Positive Commercial Finance, we work with a number of different lenders and have no exit fee options available.