Lombard Funding has built up a strong reputation in advising and structuring the correct debt package for our clients. It’s because of this that over 50% of our business each year comes from repeat clients.

With projects ranging from single property renovations to large ground up multi-unit schemes, the finance package and associated terms can determine the success or failure of a development project. The key to our success is understanding our client’s long term business plan so that we can structure and recommend a financing package that is relevant to the current project but also to their future projects.


  • Senior Debt
  • Stretched Senior
  • Mezzanine Debt
  • Equity
  • Joint Venture
  • Bridge Finance

When might finance be necessary for a development project

The scale and scope of a project can dictate the type of finance options available. For large projects, ground-up development finance will need to be sought. This includes the purchase of the land and funds for construction.

Property development finance will be approximately 70-80% of the build cost, leaving a significant amount of funding to be found by the developer.

If a wider portfolio of properties is owned, these can be taken as security in lieu of the developer having to finance the project with their own cash reserves.

Tips for planning your building work – There are a multitude of finance options available dictated by the level of interference undertaken in the refurbishment or renovation of the property. The different types of building work include:

Light redevelopment/refurbishment – Relatively unobtrusive work to the building, including aesthetic, non-major structural, internal re-working and improvement to walls, ceilings and floors. Funding here tends to be short-term and the property can be ‘turned-around’ in short timescales using auction or bridging finance.

Heavy renovation – More extensive than merely aesthetic changes to the building, heavy refurbishment includes major structural changes such as extensions and the moving of internal supporting walls. In this case, finance options tend to be longer-term bridging finance or short-term commercial mortgage finance.

Ground-up development – Requiring major plans and a team of builders, architects and tradespeople, ground-up development involves everything from land purchase to completion. Finance will need to be taken over many months or years, and property finance becomes a more complex series of investment release until completion of the project.