Important Message
Bank of England Base Rate
On 5 November 2026, the Bank of England announced a 0.25% Increase in its base rate from 3.75% to 4.00%.
From 1 December 2026 our Standard Variable Rate (SVR) will increase to 8.24%.
Property Development Finance – an end-to-end proposition for developers
Our fully end-to-end Property Development Finance proposition supports developers at every stage – from land acquisition to construction and through to exit. So you and your clients can rely on one lender, one structure, and one seamless experience across the entire project lifecycle.
- Pre-Development Bridge – finance to purchase a site, obtain planning permission, and finalise development details
- Development Finance – finance to support the build phase of development
- Dev-Exit Bridge – finance that allows developers to repay their existing debt ahead of sales proceeds and potentially release equity from a project that has reached practical completion
Smart pricing with real structure
The range includes a pricing matrix that brings even more clarity to early conversations with your clients.
We use a range of factors such as experience, leverage and the type of development to set an initial rate, with the flexibility to adjust for individual cases based on both risk and overall strength.
Why choose Saffron?
We understand SME developers – the challenges, timelines and pressure points. We don’t rely on off-the-shelf structures; we shape lending around what genuinely works for the build.
Brokers choose us because we:
- Offer a fully joined-up journey, from land purchase to exit
- Assess every project on its own merits, rather than a one-size-fits-all approach
- Provide flexible terms and staged drawdowns to match build schedules
- Back brokers with accessible, knowledgeable BDMs, underwriters and a dedicated Property Development Relationship Manager
If you’ve got a client with a big vision, we’re here to help.
Projects and clients we can support
Looking for an idea of the types of projects and clients we can help with? Read on:
- Property developers or individuals with relevant experience who have planning consent for a development project
- Ground up developments, renovations and conversions (including converting from commercial to residential or a house into flats) in England and Wales – we don’t currently lend in Scotland
- Single properties or multi-unit developments
- Financing land purchases and construction costs
- Clients looking for flexible terms to suit project requirements, with funding drawn down in stages throughout the build
- Developers building 3+ properties where they intend to keep one as their main residence
Criteria details
Pre-Development Bridge
| LTV | Up to 65% LTV (up to 50% land-only) |
| Term | Available up to 18 months |
| Other criteria | Can be accepted without planning permission |
Development Finance
| LTC | Up to 90% LTC and 70% of GDV |
| Term | Available up to 36 months |
| Other criteria | Land purchase and construction costs acceptable |
Exit Bridge Criteria
| LTV | Up to 75% LTV |
| Term | Available up to 18 months |
| Other criteria | Flexible loan amount for internal applications considered on a case-by-case basis. External applications acceptable. |
Click here to contact your BDM to discover how our complete Property Development Finance proposition can support your clients.
Property Development Finance login
Please note Development Finance uses a separate login to our standard broker portal.
- Once you submit your request, our Intermediary Support Team aim to register you within 24 hours.
- After registration, a member of our Intermediary Support Team will call you to provide your login details and guide you through the system.
Want to talk?
If you want to talk about funding for a development project, then please contact us on 01799 582925 or email ist@saffronbs.co.uk
We will be happy to discuss your requirements and explain how Saffron Building Society may be able to help.
