Property development loans £500,000 to £7,500,000

We offer fast, flexible loans to experienced residential property developers in England and Wales at competitive rates with no hidden fees.








How it works

  • Covenants – Max. 65% loan to value / 80% loan to costs (whichever is the lower).

  • No application forms, just simple documentation required.

  • Security – 1st legal charge security in the main plus Cost Overrun & Interest Shortfall Guarantee and we are lending to a company (UK company only).

  • Quick approval process.

  • Terms and conditions and fees confirmed at approval stage.

  • No early repayment fees.

  • No exit fees and no ‘non-utilisation’ fees.

  • Fees only payable on amounts drawn and paid at maturity.

  • 1-2 year bullet loan.

  • Confidential process as details are not shared on RateSetter platform.

  • Personalised service with a dedicated credit manager

The RateSetter way


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



A member of our team will then come and meet you on site.



You will 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]

020 3567 0865

Kevin Stedmann

Head of New Business, Property Finance

[email protected]

020 3735 7900

Gareth Jones

Business Development Manager, Midlands

[email protected]

07508 949352

Richard Sollis

Business Development Manager, Southwest

[email protected]

07498 066902

Chris Salter

Business Development Manager, London & Southeast

[email protected]

07855 397461

David Bibby

Business Development Manager, North

[email protected]

07377 681529