Important Messages
We will be closed on Tuesday 11 February for essential staff training. We apologise for any inconvenience this may cause.
We will be closed on Tuesday 11 February for essential staff training. We apologise for any inconvenience this may cause.
Smaller builders and property developers have an important part to play in helping to build between 225,000 and 275,000 homes each year, if the UK is to keep up with consumer demand for new housing.
However, in research conducted by the NHBC in 2014, 22% of builders and property developers said that obtaining finance was a major problem. When asked to explain the issues, 50% said banks were reluctant to lend to small builders, 30% said it took too long to obtain mortgage finance and 25% said banks didn’t understand their business. A damning indictment.
At Saffron Building Society, we’re different. We have a specialist property development finance team who understand the needs of small builders and property developers and are able to take a more personal approach to the way we do business.
If your client is seeking finance to fund a property development project, we may well be able to help.
We assess each and every proposal on its own merits and don’t have off-the-shelf finance solutions, preferring instead to create a bespoke package that meets the exact requirements of your customers.
Here’s an overview of the type of developments in which we’re interested:
For more information on our Development Finance offering, service and latest products, download our Development Finance brochure.
Download 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.