Property finance loans

Development and development exit loans, quick decisions and competitive rates with no hidden fees.

How it works

  • Covenants for Development loans – Max 65% loan to gross development value / 80% loan to costs (whichever is the lower) 
  • Covenants for Development Exit loans – Max 70% loan to value 
  • No application forms, just simple documentation required
  • Security – 1st legal charge security in the main plus Cost Overrun & Interest Shortfall Guarantee where we are lending to a company (UK company only)
  • Terms and conditions and fees confirmed at approval stage
  • No early repayment fees

The RateSetter way

Fast, confidential response

Email information to one of our dedicated account managers and receive a response within 2 business days.

Personalised service

A member of our team will then come and meet you on site. You will then receive a decision within 5 working days.

What we have done for other developers

New build homes

£4.7 million development facility provided to an experienced developer to construct 16 houses in the East of England.

New flats

£1.2 million development facility provided to a North West house builder for 6 new build flats.


£2.8 million development facility provided to a Greater London developer to convert and extend a single house into twelve flats.

What our customers say

“Over the last 20 years I’ve used many different sources of business finance. Funding received from RateSetter is by far the simplest, fastest and most competitive I’ve ever experienced – their system simply works in a way banks wouldn’t understand. Not only would I not hesitate to recommend RateSetter, I have done and everyone has reported back that they feel the same.”

Piers Bingley, Director
The Haywoods Group

“My experience of RateSetter is a very positive one and I would have no hesitation in recommending RateSetter. They’re always quick to respond to any proposals and it is evident they have good product knowledge. They are extremely professional and I’ve been impressed with the speed and efficiency with which they take a deal forward, obtain credit approval and see the deal through to drawdown.”

Ian Leader, Director
SPF Private Clients

Contact us


Neal Moy

Head of Property Finance
[email protected]
07508 215808


Gareth Jones

Regional Manager for the Midlands
[email protected]
07508 949352


Chris Salter

Regional Manager for London and the South East
[email protected]
07930 652498


Ian Granger

Regional Manager for the South West
[email protected]
07951 190980



Kevin Stedmann

Head of Business Development, Property Finance
[email protected]
020 3735 7900



Richard Sollis

Regional Manager for Wales and the South West
[email protected]
07498 066902


David Bibby

Regional Manager for the North West
[email protected]
07377 681529


Karl Kent

Regional Manager for the North East
[email protected]
07508 215778