Development Money

11/04/2026

21/02/2025

Direct dial to my mobile - 07940 965522. Esther. Alternatively, email me your proposal: [email protected]

19/02/2025

Please give me a call 📞 if you have a Final Demand Letter from your lenders lawyers or if your property is currently with a receiver, let’s speak 01508 491111 or 07940 965522 - Esther. 2 sets of terms have already been sent out to borrowers this month!

19/02/2025

Interesting times …..

A Bank is now offering “Bridging Finance” !

“Up to 85% LTV for residential purchases

&

80% LTV for semi-commercial (>50% residential)”

If you need more money on Day 1, give us a call.

Esther Bennett 07940 965522
Mark Ellis 07843 147539
Grahame Wells 07765 881996

18/02/2025

Auction Purchase - Refurb and Flip!

Whilst in Macclesfield today I popped in on an Auction property I also financed in 2024! Same clients.

This property wasn’t on the agenda until I got the call 24 hours before the Auction! 🤦‍♀️ ….. and then it was firmly on the agenda the next day! 🤣🤣

This bungalow was not in the best of states but today after walking through and seeing the changes, the place was totally transformed and it just flowed! This is going to be a great home for someone. The paint choices by Heritage are good too. I’ve just used Candlewick Cream from Heritage and love it. 🥰

This is an amazing flip which will go to the market in May/June and I cannot see any reason why this one will hang around the market for long. I cannot wait to come back in May and see it 100% complete!

Well Cheshire, it’s been fun 🤩 but it’s time to go!

Tomorrow - Derby.

18/02/2025

Lovely to meet my client Shaz IRL today! This was a Heavy Refurb Bridging Finance facility that I arranged in 2024. I think she may be a little out on time on this one but I’m glad we met today as having seen it, I can start thinking about an extension and exit. Can I stand on your site soon?

17/02/2025

Wow Cheshire! 🤩

I feel a new office coming on and if so, I’ll be taking it.
What a beautiful part of the UK! You can probably tell that I don’t get out of Norfolk much.

In all seriousness, Norfolk is very flat and green and up here it’s just breathtaking. I’ve really enjoyed our quick stops so far across country (A53) so much so I’m coming back May half term, only cause I have booked a working trip to Dubai with 2 different borrowers.

More and more developers seem to be heading out there now, with a few more developers I know who would like to follow. 🤫 I think it has something to do with tax 🙄 and a better lifestyle 😎 ☀️!

But back to Cheshire, we’ve now checked in to Knutsford for a meeting at our Hotel until we leave to go on to a site again tomorrow morning.

NOTE - taking your children to work is a little testing and it’s only been 26 hours!!! I don’t recommend it. Sweet treats take the edge off for an hour or two! 🙄

17/02/2025

Bye bye 👋 , hello !

16/02/2025

Development Money … on tour week! Visiting some of my favourite clients.

14/02/2025

Enquire for more details ❤️

13/02/2025

❤️ Development Exit Finance ❤️ explained …

Our Lenders Development Exit Finance products can help you secure more time and breathing space to finalise your development plans with your site.

We have lenders that can complete at PC stage or Warranty stage with this product.

The loan can help you finish last minute works, figure out long-term financial solutions or find the right buyers for your development.

We fund both residential development ground up projects or conversions with this product varying sizes, ranging between 1 and 100 units.

Given the market conditions over the past couple of years Development Exit Finance has been extremely popular with Borrowers as buyers have not been proceedable/chains incomplete and/or simply the Developer wants to take advantage of a better rate and/or capital raise funds from his or her site to move on to the next project or next business venture.

With only a few lenders now going up to 80% of your valuation and with rates from 0.59% per month the rates are excellent giving interest rate savings from your current Development Finance partner.

If you haven’t perfected your Development Exit within the term set, don’t despair, we can often refinance. With lenders changing their rates from time to time, Grahame Wells completed a transaction getting his client a better rate on the 2nd time around and I am currently dealing with a client who is going into their 4th year of refinance with a Development Exit product.

Unfortunately, it is the market! Other than sale of units you also have the opportunity to keep units if you want to move on and not go through the sales process. Grahame Wells is in charge of our BTL/Investment department and would only be too happy to see what could work for you.

If you fancy a chat to find out where your deal may sit in the market, rate wise we can usually give you a quick indication over the phone.

www.developmentmoney.co.uk

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