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Development finance

Perfect for experienced developers, our wide range of competitive and flexible property finance products can be tailor made to suit the needs of your development

We can consider funding from pre-planning support, through the development and then onto a marketing period facility once the development has been completed. Take a look at our products and for a quick, bespoke quote, contact one of our experienced team.

  • Competitive rates up to 70% GDV
  • Highly experienced team with direct access to regionally based Relationship Directors
  • Broad range of property finance products
  • Loans available from £1m to £35m
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Residential development

Supporting experienced developers involved in multi-unit residential, new build, conversion or refurbishment schemes

  • First charge lending up to 70% of gross development value, up to 90% of cost
  • Loans from £1m to £35m
  • Planning gain taken into account
  • England and Wales
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Pre-planning

Working with experienced developers to help fund sites that have not yet gained full planning permission for residential use

  • First charge lending up to 70% of purchase price, up to 100% of existing use value
  • Loan term up to 18 months
  • Loans from £1m to £8m
  • England
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Student accommodation

Helping experienced developers build quality student accommodation with good letting potential

  • First charge lending up to 65% of net investment value
  • Loan term up to 24 months
  • Loans up to £35m
  • Russell Group university cities, with other cities in southern England also considered
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Bridging

Access to short-term funding when securing the acquisition is the priority

  • First charge lending up to 65% of value
  • Existing residential properties and commercial properties with a residential planning consent
  • Loan term up to 15 months
  • Loans from £1m to £10m
  • England and Wales
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Marketing period loans

Funding for the marketing period once a development reaches completion

  • First charge lending up to 70% of value
  • Loan term up to 15 months
  • Loans from £1m to £10m
  • England and Wales
Paragon Development Finance Limited. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Registered in England number 03901943. Paragon Development Finance Limited is an entity within Paragon Banking Group.

Make an enquiry

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551

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