Development finance supports building, conversion or refurbishment projects. It is usually arranged around a defined project and repaid from sales or refinancing, rather than the routine income of an established property.
How it works
Lenders assess project costs, expected completed value, experience and the exit plan. Funds may be released in stages as work progresses, with monitoring and valuation requirements. Interest can be added to the balance, increasing the final repayment.
What to consider
- Include professional fees, finance costs, tax, contingency and delays in the budget.
- Check how staged drawdowns work and who funds cost overruns.
- Challenge sales values and timings rather than relying on the most optimistic estimate.
- Understand security, guarantees, monitoring fees and extension terms.
What to prepare
Planning position, site and ownership details, build costings, contractor information, programme, valuations and evidence of your contribution. Show a realistic route to repayment.
Development exit finance may bridge the period after practical completion while units sell, but it is a separate funding decision. If occupation by you or your family is involved, obtain specialist advice on the regulatory position.
How Greystone can help
We can help you understand the figures and consider the effect on your business and the family behind it. Where detailed forecasts, calculations or application support are needed, we will agree the scope and any fee with you first.
Explore your next step
Start an enquiry with Swoop, or contact Greystone for a free initial conversation.
The portal opens on Swoop’s website. Swoop can confirm available products and the appropriate specialist route. An enquiry is not a funding offer.
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Prepared by Greystone Advisory using Swoop product information; reviewed October 2026. General information, not a personal recommendation. Greystone is not a lender. Funding is subject to eligibility, assessment and terms. We may receive commission from Swoop following completed funding. Specialist legal, tax or regulated advice may be needed for your circumstances.
