All successful property developers are good planners and getting the right finance in place is a crucial ingredient in development success. Finance for property development is a complex area and one of the first steps in determining the type of finance needed is to assess how extensive the project is, how long it will take, and how much it is likely to cost — in both the best- and worst-case scenario. The type of loan you get will depend on what you need the funds for.
If you've got the right exit strategy in place and the lender deems you eligible, you can get a loan for property development.