Pre-construction finance is designed for experienced borrowers who are obtaining or enhancing planning permissions prior to building. The security property can be residential, commercial or land, but the end planning consent must be residential.

Key features

Our Pre-construction finance loans are fast and flexible, with competitive rates to suit most clients.

Max loan:£5,000,000
Min loan:£75,000
Max LTV:70%
Early repayment charge:None
Term available:Up to 18 months
Arrangement fee:2%

VAT Funding: LendInvest can assist if VAT is payable on a property purchase.

Pre-construction rates

Residential rates

Loan to valueMonthly rate from
≤ 40%
≤ 50%0.79%
≤ 60%0.89%
≤ 70%0.99%

Semi-commercial rates

Loan to valueMonthly rate from
≤ 40%
≤ 50%0.85%
≤ 60%0.95%
≤ 70%1.10%

Commercial rates

Loan to valueMonthly rate from
≤ 40%0.95%
≤ 50%1.00%
≤ 60%1.10%
≤ 70%1.20%

Land rates

Loan to valueMonthly rate from
≤ 40%1.00%
≤ 50%1.05%
≤ 60%1.15%
≤ 70%1.25%

Lending criteria

Required for Pre-construction finance:

  • Residential planning applications
  • Demonstrable experience of successful planning applications
  • 1st charge security
  • Freehold, or leasehold with more than 60 years remaining
  • UK residents and companies
  • Properties in England, Scotland, or Wales

Download our Pre-construction product guide

Inside you’ll find all you need to know about our Pre-construction loans, including rates, fees and criteria.

Valuation and legals

We take our legal and valuation requirements very seriously. Our loan evaluation process is designed to make this as efficient and reliable as possible.

  • Independent security valuation. We will carry out independent valuation of the borrower’s security in order to confirm how much we can lend against the property.
  • Legal conveyance. We will instruct our solicitors to work on your client’s mortgage. Fees are typically charged directly to the borrower by the solicitor.

Learn more about the process of submitting business

Valuation fees

Legal fees

Product transition. Fast funding for every stage of your borrower’s project. Find out more

Speak to us

Get a straight ‘yes we can work with that’ or ‘no we can’t’ within a day of your enquiry for a Pre-construction loan.

Get a quote

Got a client that needs a property loan, fast? Find out about our rates for intermediaries today.