First-Time Developer Finance

First-time developer finance is designed for new developers looking to fund their first residential or mixed-use project. Whether it’s a single house, a small block of flats, or a modest refurbishment scheme, this finance provides the capital, guidance, and flexibility needed to get started in property development.

First-time developer finance is ideal when:

✅ You’re funding your first development project
✅ You need support with appraisal, planning, or construction costs
✅ You want to refinance short-term or bridging finance
✅ You’re purchasing land or property for development
✅ You’re using a Limited Company or SPV
✅ You want expert guidance through every stage of the development process

At The Funding Group, we help first-time developers access competitive finance, tailored advice, and hands-on support to ensure your first project succeeds.

Common Use Cases for First-Time Developer Finance

We support new developers with finance for:

🏠 Single residential builds
🏘️ Small multi-unit developments or apartment conversions
🛠️ Refurbishments and renovations
📦 Part-built or stalled projects needing completion
🔁 Refinancing bridging or short-term finance
💼 SPV purchases to separate development activity from personal assets

Each project is unique — we match your first development to the right lender, product, and funding structure.

How We Work

Development finance can be complex, especially for first-time developers — we make it simple.

📞 Initial Chat (Same Day)
We review your site, project type, GDV, and experience to find the most suitable lenders.

📄 Indicative Terms Within 24 Hours
We shortlist lenders based on your project size, risk profile, timeline, and exit strategy.

🏗️ Valuation & Underwriting
We coordinate valuations, prepare documentation, and liaise with lenders to keep your project moving.

💷 Fast, Confident Drawdowns
Most first-time developer finance completes within 2–6 weeks, depending on lender and project complexity.

We manage the entire process — from enquiry to drawdown.

Why First-Time Developers Choose The Funding Group

We help you:

💼 Access finance for your first development project
📊 Structure funding to protect profits and manage risk
🚀 Navigate your first build with confidence and clarity
🔁 Refinance bridging or short-term loans when needed
💡 Access specialist lenders who support new developers
🏗️ Get expert guidance from initial appraisal to project completion

We support your first development with speed, expertise, and certainty.

Need First-Time Developer Finance?

We’re here to help you secure the right funding for your first project — quickly and transparently.

✅ Fast decisions
✅ Expert guidance for new developers
✅ End-to-end support from appraisal to drawdown

👉 Get a same-day quote or call 08000 699 500

First-Time Developer Finance FAQs

How much can I borrow?
Lenders typically offer 60–70% of land and construction costs for first-time developers.

Do I need previous development experience?
Not always, but experience or a strong professional team can improve lender approval chances.

Can I get finance for a small or single-unit project?
Yes — many lenders provide finance for smaller projects suitable for first-time developers.

What rates are available?
Rates depend on project size, type, and exit strategy, usually starting from around 0.55% per month.