Ready-to-Build Sites
Development Finance for Land With Planning Permission
Land with planning permission can be a strong property development opportunity, but once consent is in place, timing matters. You may need to acquire the site quickly, fund the build, discharge planning conditions or move before costs and delays affect the project.
Hunter Finance provides a wide range of development finance to landowners and developers who are ready to move forward with residential sites with planning permission in place. Because we lend our own funds and make our own decisions, we can move fast so your project can keep moving.
Finance for Sites with Planning Permission
If you have secured planning permission for a project, you’re already in a strong position to apply for development finance. At Hunter Finance, we work with developers at all stages of the process, including:
- Developers acquiring land that already has residential planning permission
- Landowners who have obtained planning permission and want to develop rather than sell
- Developers who own a site with planning permission and need funding to start building
- Anyone needing to move quickly to secure or begin work on a consented site
Planning permission is one of the key factors that all lenders consider. If yours is already in place, your application starts from a much stronger position.
How Hunter Finance Can Help
Development Finance
Development finance for private residential property developments in the South East UK.
Bridging Loans
Bridging loans for developers to provide short-term finance to ‘bridge the gap in projects.
Equity Finance
Equity finance for property developers in return for a share of the development’s profit.
Pre-completion Loans
Pre-completion finance loans for property developments that are very close to completion.
Exit Finance
Exit finance is used to repay outstanding development finance so that it's ready for sale.
How Funding Is Released
We structure and release our development finance in stages, based on your proposed schedule and cash flow requirements. This usually involves:
- An initial drawdown to fund or contribute towards the land purchase, if needed
- Subsequent drawdowns, released monthly or in line with budget requirements, construction progress and key milestones
- Furthers drawdowns as the project progresses towards completion
We will work closely with you to agree a drawdown schedule that suits your project, and then throughout the build to ensure everything’s on track. We understand that projects and timelines may change, so we’ll do all we can to be flexible in these situations.
For more information, read our Guide to Development Loan Drawdowns.
What We Need From You
Having planning permission is a significant advantage, but we still need to be confident in the proposal. When assessing any application for developing a site, we need to understand:
- Site location
- Planning permission details, including any conditions that need to be discharged
- The purchase price of the land or the current site value (if already owned or purchased)
- Full project costs, including planning and professional fees, build budgets and contingency provision
- Estimated GDV on completion, supported by comparable sales in the area
The build programme, including the start date, key milestones and expected completion - Your experience and details of the intended contractor
- Exit strategy, such as the sale or refinancing of the property
For more information, read our Lending Criteria.
Fast Development Finance When Planning Is Already In Place
Fast Decisions
Most decisions are made within 7 days, and an agreement in principle as fast as 24 hours.
Up to 100% of build costs
Our loans can support up to 100% of the build costs, helping you keep work moving without tying up unnecessary capital.
No broker or upfront fees
No middleman, and an agreement in principle costs nothing.
Independent lender
Deal directly with Hunter Finance. We use our own funds and make our own decisions.
South East Experience
We’ve successfully worked with over 500 property developers in the South East
All Projects Considered
We consider all developments, each assessed on merit.
Our Successful Projects
Hunter Finance has funded multiple projects across the South East. In one case in Southampton, Hampshire, a developer needed to act quickly to secure a consented site that had attracted several competing buyers.
The project involved an initial £345,000 loan to purchase the land, and a further £505,000 to build 7 properties. All were built and sold within 12 months, for a total of £1,840,000.
View our other case studies to find out how we’ve helped developers like you.
Property Development & Planning Permission FAQs
Do I need full planning permission, or will an outline suffice?
Can I apply before I have exchanged on the land?
How are build cost drawdowns managed?
What is the typical loan term?
Ready to Capitalise on Your Planning Permission?
If you have land with planning permission and need development finance to acquire or build, contact Hunter Finance today. We can give you a clear indication quickly to capitalise on your opportunity.
What Our Developers Have To Say
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