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Development Finance

Our Hodge Development Loans are designed for experienced developers with a proven track record, looking for bespoke lending solutions.

Hodge offers residential development finance of up to £5m for individuals, partnerships, and limited companies.

Our development loans are perfect for a range of projects. Whether you’re looking to fund new builds, carry out a residential conversion, or undertake a refurbishment project, we can help.

Up to £5,000,000 Experienced relationship managers Up to 65% GDV & 80% LTC

We understand that development projects come in all shapes and sizes, and we’ll work with you to make sure our development loans are tailored to support your ambitions.

Our experienced, expert team have ‘through the cycle’ development experience, so we’re well placed to support you, whichever stage your project is at. And because we’ve worked with experienced developers on a wide range of projects, we understand just how important it is to make things run as smoothly as possible.

What’s more, we’re set up to promote efficiency. We’re a small, empathetic team, and we’re close to the decision makers, which means you can expect a quick and effective service, with minimal hold ups along the way.

Why Hodge?

Since 1987, Hodge has specialised in providing development finance loans. As well as learning a lot about development and the obstacles and challenges developers often face, we’ve also fine-tuned our offering, listening to what you’ve told us you want and need from us.

When you choose Hodge, you can expect:

  • Expert support
    Our experienced relationship managers will help structure the loan and support you throughout your project.
  • Project variety
    We can lend on land and property refurbishments, conversions and new build developments.
  • Efficient service
    Our business structure allows us to make decisions quickly
  • Refinancing options for experienced BTR developers
    If you’re planning on keeping your properties once the development is complete, our residential investment and portfolio buy-to-let teams could support you to do so. By refinancing onto a longer term finance option with Hodge, you could save diligence and finance costs, as well as benefit from the security already being in place. Find out about our residential investment and portfolio buy-to-let options.

Lending Criteria

Borrower types
Individual, sole trader, partnerships, LLP, limited company, PLC.
Loan size
£1m to £5m.
Maximum 65% GDV.
Up to 80% Cost.
Up to 24 months.
Repayment profiles
100% net sale proceeds or refinance onto investment/PBTL facility
  • First legal charge over freehold or leasehold (Leaseholds to have a minimum of 125 years remaining at completion).
  • Debenture incorporating charge over relevant contracts where applicable.
  • Interest cover and cost overrun guarantee.
  • Warranties from consultants/sub-contractors where design responsibility exists.
  • New Homes Warranty (min 10 years).
Interest margin
6% - 8%.
Interest basis
Bank of England Base Rate
2% to 3% calculated on facility amount.

Contact us

Applying is easy, we’ll just need a bit of information from you. To find out more about Hodge and how we could work together, get in touch with our team on 0800 021 7823 or email us at [email protected].