Step by step process

Development funding in five easy steps.

These are the key stages on the way to the release of development finance:

  • Step 1

    Proposal assessment

    Step 1

    enquire

    Proposal assessment

    We assess the proposal and provide an indication of support, together with our proposed terms.

  • Step 2

    Application submission

    Step 2

    application

    Application submission

    The developer submits an application form, which enables us to undertake credit searches and issue a written offer.

  • Step 3

    Legal instruction

    Step 3

    legal

    Legal instruction

    Upon receipt of the signed offer, we instruct our Valuer, Solicitor and Quantity Surveyor to undertake standard due diligence.

  • Step 4

    Fund transferal

    Step 4

    Together - Auction Finance

    Fund transferal

    We transfer the funds for Day One funding, and agree the development funding available to be drawn against the programme of works and cashflow.

  • Step 5

    Development funds released in arrears

    Step 5

    mandating

    Development funds released in arrears

    Development funds are released in arrears, following certification by our appointed Quantity Surveyor who work in partnership with your specialist Relationship Manager who will be your contact through the project.

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