Permitted Development Rights were introduced to help solve the chronic housing shortage in the UK, allowing property owners to perform certain types of work without needing to apply for planning permission. These permitted development rights include extending properties (under restricted guidelines) and, in some cases, changing the use of a building without seeking further permissions. We have lenders who are very keen to fund permitted development projects with many offering very flexible and competitive terms. So whether you’re looking to extend a property or change the use of a commercial building, our team can help find the finance you need to fulfill your goals, building essential homes for UK citizens.
The purpose of the legislation was to effectively guarantee planning for former office blocks that have fallen in to disuse, which is a huge cause for concern in major cities such as London and Manchester. However, there are also many rural commercial buildings that have become neglected. Permitted development rights reduce the risks to a suitable lender, and we’ve helped many developers convert unused commercial buildings into beautiful homes with our permitted development finance packages.CONTACT OUR TEAM TODAY
Secured over £120 million in finance
Access to 100+ active lenders
Can typically put an offer on the table within 24-48 hours
Independent and UK based
Equipped to source funding up to 100% of the land and build
Wealth of experience and have been sourcing finance since 1994
If you’re interested financing the development of residential or commercial sites, please call us today on 0161 433 9981 or send us a message and we’ll be back in touch as soon as possible.