Compare senior debt, mezzanine, and stretched senior from specialist UK lenders serving Exeter and South West England businesses. Matched in 2 minutes, no credit check.
Rates
From 6.5% p.a.
Senior, mezzanine, or stretched
Amounts
£150k - £25M+
Speed
2-6 weeks
Exeter
10k
businesses
Compare development finance rates in Exeter — 2 minutes, no credit check
Check EligibilityDevelopment finance is specialist lending for property development projects — new builds, conversions, refurbishments, and renovations. Unlike standard mortgages, funds are released in stages as the build progresses, and repaid when you sell the completed units or refinance.
You apply with your project plans, planning permission, build costs, and a projected Gross Development Value (GDV). The lender values the site, assesses the project, and if approved, releases an initial tranche for site acquisition. Further drawdowns follow at agreed construction milestones — foundations, first fix, second fix, completion.
The primary development loan. Up to 65-70% LTGDV and 70-85% LTC. Rates from 6.5% per annum.
Fills the gap between senior debt and your equity. Up to 90% LTC. Rates from 12-18% per annum.
Combined senior + mezzanine in one facility. Up to 85% LTC. Rates from 8-12% per annum. Simpler structure.
Borrow £1,000,000 at 8.5% over 18 months. Total repayable: ~£1,127,500. Your rate depends on your circumstances.
Ready to compare development finance in Exeter?
Check EligibilityExeter punches well above its weight economically for a city of its size, functioning as the administrative, commercial, and cultural capital of the South West beyond Bristol, with a strong professional and public services base centred on the county council, NHS, and University of Exeter. The city has a growing reputation for environmental and climate science research through the Met Office headquarters and associated university research centres, making Exeter an emerging hub for clean technology and environmental consultancy. Exeter's quality of life, cathedral city heritage, and strong connectivity via the M5 and mainline rail make it consistently one of the UK's most desirable locations for professional and knowledge-economy businesses. With 10k registered businesses across South West England, Exeter has strong demand for competitive development finance.
Our panel of 200+ UK lenders includes providers serving the South West England area. Whether your Exeter business needs ground-up residential development or commercial to residential conversion, we compare rates across the full market in 2 minutes.
Several specialist lenders on our panel work with Exeter businesses that have imperfect credit histories. Our eligibility check uses a soft search only — no impact on your credit score. Check your options in 2 minutes.
Compare rates from 200+ lenders serving Exeter
Check EligibilityCompare 200+ lenders in 2 minutes. No credit check.
Check Eligibility