We will arrange your Development Finance fast; exceptional service guaranteed
We get great development deals because we work with all types of lender
We act fast to secure your funding. No excuses, no nonsense
Get exceptional service from your dedicated broker who will tailor your solution
We will arrange your Development finance; exceptional service guaranteed
We get great development deals because we work with all types of lender
We act fast to secure your funding. No excuses, no nonsense
Get exceptional service from your dedicated broker who will tailor your solution
Helping you to Xcel
Lend up to 85% of your GD Value
Loans from £50k to £100m
Joint venture and equity options
All mainland UK sites
No upfront fees
Adverse credit accepted
Rates from 2.5% pa to 2% p.c.m
2nd charge & mezzanine available
What is it used for?
• All residential developments
• Commercial in any industry
• Pre-development bridging
• Development exit phase
• Add mezzanine to existing loans
• Adverse credit accepted
• Ground up new builds or refurb
• Finance land pre-planning
Why Xcel?
We created Xcel Finance for property professionals who expect more from their finance broker. We help clients deliver meaningful projects all across the UK, and we create great relationships along the way. We promise that working with us, you’re setting your project up for success.
Arrange Consultation
Whether you’re an experienced property developer or planning your first project, our specialists are the best there is at sourcing, negotiating and delivering an excellent finance deal for you.
Find out more about Development Finance
Can I get finance for my first project?
Yes. There’s always a way that we can get a loan set up, so long as the proposed project makes sense.
How much can I borrow?
Traditional development finance will cover up to 90% of your total costs, and/or up to 70% of your ‘Gross Development Value’. If you require more funding than this, then we do have profit share options available, whereby you could have all of your costs covered.
Can I do the work myself?
So long as you have experience of completing similar projects, then this won’t be an issue. If it’s your first project, or if it’s an increase in project size then there will be some areas we may need to look at such as
Can I re-finance an existing loan?
Yes, whether you need to borrow more than originally planned on a project (using Mezzanine Finance), or if your current finance is coming to an end (Development Exit); we’ll be able to re-finance your project.
What costs are involved?
The upfront costs that should be budgeted for are typically a valuation report on the property/project, and for legal costs (for you and the lender). Any other costs involved such as arrangement fees can be added to the loan so don’t need to be budgeted for up-front.
Can I apply to a lender direct?
Historically, your bank may have offered you a loan for property development. In today’s climate, there are a variety of complex factors to consider when choosing the correct lender. Although some lenders may accept direct applications, we’d suggest working with a broker who can choose the right lender for you. You’ll be secure in the knowledge that you don’t run the risk of funding falling through, and that you’re getting the best deal.
Still unsure? Talk to one of our advisors today and we will clear up any concerns or questions you may still have.