MOVA / Development finance

Property development finance, from site to exit.

Explore funding for a new build, conversion or substantial redevelopment, with the acquisition, build costs and repayment plan considered together.

Discuss my development Send project details

Initial phone conversation at no cost · No pressure to proceed

The MOVA panel

Development finance lenders

United Trust Bank
Hampshire Trust Bank
West One
LendInvest
Paragon
Roma Finance
Catalyst Property Finance

Your development journey

Funding that follows the project.

The agreed facility sets the contribution, conditions and timing of releases.

Site & planning
Set out site ownership or acquisition, planning status, the scheme and professional team.
Funding structure
Review the budget, contribution, facility limits, conditions and intended exit.
Construction drawdowns
Build funds may be released in stages, subject to progress checks and agreed conditions.
Completion & exit
Repay through sales or an approved refinance. Plan for slower sales and delays.

Understand the proposal

Three figures. Three different jobs.

These measures describe a scheme; they do not establish what a lender will offer.

GDV

Gross development value

Projected completed value

The estimated value of the finished scheme. It is a valuation assumption, not a guaranteed selling price or profit.

LTC

Loan-to-cost

Loan ÷ eligible project costs × 100

Compares the borrowing with the costs included by the lender. Check whether fees, interest, contingency and land costs are included.

LTGDV

Loan-to-GDV

Loan ÷ projected completed value × 100

Compares borrowing with the expected completed value. The facility and valuation basis must be consistent.

A lender may apply several limits at once. Definitions, gross or net loan amounts and eligible costs vary between proposals.

Your service from MOVA

From your plans to a clear next step.

Start with the site, planning position, cost plan, available contribution and proposed exit. You do not need a finished application to get in touch.

Review your project

Steven works through the purpose, figures and practical constraints, including anything that needs attention before an application.

Explore the finance route

We help you understand the relevant funding options, costs and conditions, and identify the lender or specialist route to explore.

Prepare to move forward

We set out the information needed, the proposed next steps, who will handle them and any fees before you choose to proceed.

Your contribution

Plan the cash needed throughout the build.

Your contribution is about both the total amount and when it is available.

Land & existing equity

Explain what you own, what it cost, its value and any secured debt. A funder will assess how the land or equity can count towards the proposal.

Cash before drawdowns

Allow for costs that must be paid before a release, including professional fees and contractor payments between monitoring visits.

Contingency & delays

Test higher works costs, a longer build and slower sales. Keep a realistic fallback alongside the expected exit.

Start with a clear acquisition and works budget.

Use the project budget planner

Prepare your proposal

What helps a funder understand the scheme?

You can start the conversation before every item is final.

Site details, ownership, existing debt and planning position.
A cost plan, programme, contingency and drawdown assumptions.
Your development experience and professional team.
Available cash, projected completed value and supporting sales or refinance assumptions.

Please use the initial enquiry for an outline only. Steven will explain how to provide supporting documents securely.

Your questions, answered

Development finance questions.

Can I discuss my first development?

Yes. Explain your experience, the professional team, project scale and contribution. The lender’s experience requirements and the wider proposal will determine which routes may be available.

Do I need planning permission before enquiring?

You can discuss a project before planning is final. Be clear about the current status; any funding route and release of funds will depend on the lender’s requirements and conditions.

Does a strong GDV guarantee funding?

No. The funder also assesses costs, available contribution, the team, planning, security, cash flow and the exit. A projected value alone is not a funding offer.

Is all construction funding released at the start?

Usually the proposed structure needs to be reviewed stage by stage. Build funds may be drawn after progress checks and satisfaction of conditions. Confirm how contractor payments are funded between releases.

What happens after I send an enquiry?

Steven will review the outline and discuss your objectives, figures and timing with you. You will then understand the information needed, the proposed route, who will handle each stage and any fees. Sending an enquiry is not a loan application or a lending decision.

Explore another route

Other property finance services.

Your next step

Bring the scheme. Let’s work through the funding.

Start with the site, planning position, build budget, contribution and intended exit.