Finspace Group

Looking For Some Development
Finance Advice?

We provide development loans against the value of the land, which is 100% building cost and 70% GDV.

Ground Round Up Development Finance

We are a fast growing specialist in the field of ground-up development finance on residential property transactions. We help facilitate innovative finance to the ground-up developers. Whatever your project may be, we believe each has its own unique characteristics, and we help fund those ideas.

Our team of experts, with a background in property development and banking, will work with you, assisting you to navigate the various options to find the perfect fit for your circumstances and project. The team will approach you with fresh ideas and spirit with innovative solutions to your problems and help you until the project has been marked complete. 

Finspace FAQs

How much money can I borrow? +

We follow these three steps to assess an idea of the loan size for you

  • The current value of the property before working
  • The building cost 
  • Gross development value
How do you calculate the interest in development finance? +

Lenders calculate interest on borrowed amount over term. The variance can be observed on:

  • What costs are included in the gross amount
  • The amount and timing of drawdowns
  • Entry and exit fee
Who can access development finance? +

An individual or a company can apply for development finance. A few lenders may only lend money to those who have prior experience in successfully completing the development project.

Our Process

Simply tell us a little about your business and we’ll be in touch to talk through
possible solutions tailored specifically to you

Application

Decision in
principle

Surveyor
instruction

Legal
instruction

Agreement
& Funding

Simply us a little about your business and we’ll be in touch to talk through
possible solutions tailored specifically to you. 

Our clients say.

As a new start-up developer, with a clear focus on delivering high-quality, contemporary homes that support the drive to mitigate climate change we have been extremely well-supported by [Finspace], as we looked to navigate the wealth of finance options out there in the market.

By Newly Incorporated Developer

Despite all the complexities, (Finspace) were able to secure a lender to enable us to commence our project immediately.

By TR

The line of communication is always open regardless of the day, night, or weekend, valuing the client’s needs over and above everything else. We are looking to do another project (with Finspace) and we have no hesitation in commending them.

By RJ

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