We know that accessing finance as a small-scale house builder is typically one of the most critical elements of the development process and can be a real cause of concern. We have produced the Guide to development finance for small and medium size house builders in collaboration with UK Finance to help you to better understand development finance.

According to our research, since the financial crisis in 2008 many smaller scale house builders have faced significant hurdles in accessing the development finance they need to continue building new homes. We continue to engage with key stakeholders to address this situation. At the same time, it is important that SME builders and developers understand what to expect when seeking development finance, the options available and the process they will go through.

There are multiple considerations to make when planning a small-scale housebuilding development, and finance is clearly a critical element. By choosing to take finance from a lender you may be able to undertake a larger project than your own cash would allow. It may also enable you to fast track a scheme or work on more than one site at a time. However, it is important to recognise that all lenders will seek to ensure that you have the appropriate plans in place, the appropriate initial investment and that you are approaching them at the right stage of the project.

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