New build

From blueprints to reality, transforming raw land into valuable new build properties requires careful planning, expert execution, and most importantly – reliable financing that supports your vision from groundbreaking to completion. At Max Property Finance, we specialize in providing new build finance solutions that empower developers to bring residential and commercial construction projects to life efficiently and profitably.

What is New Build Finance?

New build finance is a specialist funding solution designed specifically for ground-up construction projects, whether residential or commercial developments. Unlike traditional mortgages or standard property loans, Max Property Finance’s new build finance provides structured, staged funding that aligns perfectly with your construction timeline and cash flow requirements.

The distinguishing feature of new build finance from Max Property Finance is its staged release mechanism: funds are released in tranches as your construction progresses through defined milestones, from foundation work through to practical completion. This means you only pay interest on funds you’ve actually drawn down, significantly reducing your finance costs and maximizing cash flow efficiency throughout the build lifecycle. Whether you’re building single luxury homes, multi-unit housing developments, or commercial buildings, Max Property Finance has the new build finance solution to match your construction ambitions.

Who is New Build Finance For?

Max Property Finance’s new build finance solutions serve a diverse range of developers and builders:

Experienced Property Developers

If you’ve successfully delivered new build projects before, Max Property Finance offers competitive new build finance terms that recognize your track record. Our lenders value experience and provide higher loan-to-value ratios and better rates for proven developers with completed projects.

First-Time Developers

Breaking into new build development can feel daunting, but Max Property Finance specializes in supporting first-time developers with the right finance and guidance. We work with lenders who understand that every developer needs to start somewhere, and we’ll help structure your first new build project for success.

Construction Companies and Builders

Building contractors looking to develop new build properties for sale rather than just working for others can access Max Property Finance’s new build finance to fund their own construction projects and maximize profits.

Self-Build Home Builders

Individuals building their dream homes from scratch need specialized new build finance. Max Property Finance arranges self-build mortgages and development finance tailored to single-dwelling new builds.

Property Investors Scaling Up

Ready to move beyond buy-to-let refurbishments into ground-up new builds? Max Property Finance bridges the gap, providing the specialized funding needed to transition from renovation to new construction.

Joint Venture Partners

Whether you’re providing land, construction expertise, or capital, Max Property Finance structures new build finance for joint venture arrangements, ensuring all partners benefit from optimized funding.

Types of New Build Projects Max Property Finance Can Fund

Max Property Finance provides new build finance for a comprehensive range of construction projects:

Residential New Build Developments

From single detached homes to multi-unit housing estates, Max Property Finance funds new build residential projects of all scales. Whether you’re developing apartments, terraced houses, semi-detached properties, or luxury villas, our new build finance provides the capital you need.

Self-Build Projects

Building your own home from the ground up requires specialized new build finance. Max Property Finance arranges self-build mortgages with staged releases that align with your construction schedule, making dream homes financially viable.

Apartment Blocks and Flats

Multi-story residential buildings and apartment complexes require substantial new build finance. Max Property Finance works with lenders who understand these larger-scale residential projects and provide appropriate funding structures.

Commercial New Builds

New office buildings, retail premises, industrial units, and warehouses all require specialist new build finance. Max Property Finance has the commercial construction expertise and lender relationships to fund these projects effectively.

Mixed-Use Developments

Combining residential and commercial elements in new build projects requires sophisticated financing. Max Property Finance has the expertise to structure new build finance for complex mixed-use developments.

Affordable Housing Schemes

New build developments with affordable housing components or Section 106 agreements need specialized funding. Max Property Finance works with lenders who understand these requirements and provide tailored new build finance.

Retirement Housing

Purpose-built retirement communities and sheltered housing represent specialized new build sectors. Max Property Finance arranges finance that recognizes these properties’ unique characteristics and market dynamics.

Student Accommodation

Purpose-built student accommodation (PBSA) new builds require lenders who understand the sector. Max Property Finance connects you with appropriate new build finance providers for student housing projects.

How Does New Build Finance Work with Max Property Finance?

Understanding the new build finance process helps you plan effectively and maintain control throughout your construction project:

Stage 1: Initial Consultation and Feasibility

Max Property Finance starts by understanding your new build project in detail. We review your construction plans, assess feasibility, evaluate costs, and determine the optimal new build finance structure. Our team examines your development experience, project timeline, exit strategy, and financial requirements.

Stage 2: Land Acquisition Funding

If you haven’t yet acquired the development site, Max Property Finance can arrange new build finance for the land purchase. Typically, you’ll need to provide a deposit (usually 20-30% of the land value), with Max Property Finance securing funding for the remainder.

Stage 3: Planning and Pre-Construction

Once land is secured, new build finance from Max Property Finance can cover professional fees including architects, structural engineers, planning consultants, building regulations approval, and legal costs. These initial draws prepare your project for construction.

Stage 4: Construction Phase Staged Funding

This is where new build finance demonstrates its true value. Max Property Finance arranges for funds to be released in tranches as your construction reaches specific milestones:

• Site preparation and groundworks
• Foundations complete
• Ground floor slab/suspended floor
• Structure to wall plate level
• Structure to roof level including roof covering
• First fix (plumbing, electrics, plastering)
• Second fix (kitchens, bathrooms, flooring, decorating)
• Practical completion and snagging

Each stage is verified by a monitoring surveyor before funds are released by Max Property Finance, protecting both you and the lender while ensuring capital is available exactly when needed.

Stage 5: Project Completion and Exit

As your new build development completes, Max Property Finance helps you execute your exit strategy – whether that’s selling the completed units, refinancing to long-term buy-to-let mortgages, retaining as investment property, or a combination approach.

Key Features of Max Property Finance New Build Finance

Staged Funding Release

Max Property Finance’s new build finance releases funds in stages aligned with construction milestones. You only pay interest on drawn funds, significantly improving cash flow management and reducing your overall finance costs compared to lump-sum borrowing.

Competitive Loan-to-Value Ratios

Depending on your experience and project specifics, Max Property Finance can arrange new build finance up to 70-80% of the Gross Development Value (GDV) for experienced developers, with first-time developers typically accessing 60-70% GDV.

Land and Build Finance Combined

Rather than arranging separate finance for land purchase and construction, Max Property Finance provides comprehensive new build finance covering both elements in one facility, simplifying administration and often reducing costs.

Interest Roll-Up Options

Many new build finance facilities arranged by Max Property Finance allow interest to be rolled up and repaid at project completion, preserving your working capital during the construction phase when cash flow is tightest.

Flexible Loan Terms

New build finance from Max Property Finance typically runs for 12-24 months depending on construction complexity, with extensions available if required. We structure terms to match your realistic project timeline with appropriate contingency.

Fast Approval Process

When you’ve found the right new build opportunity, speed matters. Max Property Finance can arrange new build finance approval in as little as 2-3 weeks for well-prepared applications with clear plans and costings.

Professional Team Support

Max Property Finance connects you with experienced quantity surveyors, monitoring surveyors, solicitors, and other professionals who understand new build finance, ensuring your construction project runs smoothly from legal completion to final handover.

Retained Funds Management

Max Property Finance structures new build finance with appropriate retention amounts to ensure quality completion and protect against contractor non-performance, while still providing adequate working capital throughout construction.

Understanding New Build Finance Costs with Max Property Finance

Transparency is fundamental to Max Property Finance’s approach. Here’s what to expect in terms of new build finance costs:

Interest Rates

New build finance interest rates typically range from 6-12% per annum, depending on your experience, the project’s loan-to-value ratio, construction complexity, and exit strategy. Max Property Finance negotiates competitive rates by leveraging relationships with over 150 specialist lenders.

Arrangement Fees

Lenders charge arrangement fees typically between 1.5-3% of the total new build finance facility. Max Property Finance ensures these are clearly outlined upfront with no hidden surprises.

Monitoring Surveyor Fees

Independent monitoring surveyors verify each construction stage before funds are released. Fees typically range from £2,000-£8,000+ depending on project size, complexity, and number of site visits required. Max Property Finance works with trusted surveyors who provide thorough, fair assessments.

Valuation Fees

Professional RICS valuations are required for new build finance, assessing both current land value and projected GDV upon completion. Costs vary from £1,500-£5,000+ depending on the project scale. Max Property Finance coordinates valuations efficiently with experienced commercial valuers.

Legal Fees

Both you and the lender require legal representation for new build finance. Budget £2,500-£15,000+ depending on project complexity, number of units, and any special conditions. Max Property Finance works with experienced development finance solicitors.

Quantity Surveyor Fees

For larger new build projects, quantity surveyors provide detailed cost assessments and stage certifications. Fees vary significantly based on project scale but typically represent 0.5-1.5% of construction costs.

Exit Fees

Some lenders charge exit fees of 1-2% upon loan repayment, though this is increasingly rolled into the arrangement fee. Max Property Finance clarifies all fee structures before you commit to new build finance.

What Makes Max Property Finance’s New Build Finance Different?

Whole-of-Market Access

Max Property Finance isn’t tied to a single lender. We work with over 150 specialist new build finance lenders, ensuring you get the right product for your specific construction project rather than being forced into a one-size-fits-all solution.

Experience Across All New Build Types

From single self-build homes to 100+ unit housing estates, commercial new builds to mixed-use developments, Max Property Finance has arranged new build finance for every project type. Our expertise means better structuring and faster approvals.

First-Timer Friendly

Many brokers focus only on experienced developers. Max Property Finance actively supports first-time new build developers, connecting you with lenders who will back your first construction project and providing guidance throughout the process.

Realistic Feasibility Assessment

Before applying for new build finance, Max Property Finance conducts thorough feasibility analysis. We’ll tell you honestly if the numbers work, helping you avoid costly mistakes and strengthen your application with realistic projections.

Construction Expertise

Our team understands construction processes, timelines, and challenges. Max Property Finance provides new build finance advice grounded in practical construction knowledge, not just financial theory.

End-to-End Support

Max Property Finance doesn’t disappear after arranging new build finance. We support you through drawdowns, work with your monitoring surveyor, help troubleshoot construction issues, and facilitate successful exits.

Exit Strategy Planning

Securing new build finance is one thing; successfully completing construction and exiting is another. Max Property Finance helps you plan robust exit strategies, whether selling, refinancing, retaining, or using phased approaches.

New Build Finance Eligibility and Requirements

To secure new build finance through Max Property Finance, you’ll typically need to demonstrate:

For Experienced Developers:

• Track record of completed new build projects (usually 2-3 minimum)
• Strong credit history
• Detailed construction plans with planning permission granted
• Professional development appraisal showing viable profit margins (typically 20%+ on GDV)
• Experienced team including main contractor, architect, and structural engineer
• Usually 20-30% cash contribution (deposit plus build contingency)
• Realistic construction timeline with appropriate contingency

For First-Time Developers:

• Strong property or construction industry background
• Professional development appraisal and detailed business plan
• Qualified, experienced main contractor or builder attached
• Full planning permission granted (not just outline)
• Usually 30-40% cash contribution
• Demonstrable project management capability or experienced consultant
• Conservative construction cost estimates with contingency

For Self-Build Projects:

• Full planning permission and building regulations approval
• Detailed architect’s plans and specifications
• Comprehensive build cost breakdown
• Qualified builders or main contractor engaged
• Usually 25-35% deposit
• Evidence of ability to manage the build process

Max Property Finance works with you to present your new build finance application in the strongest possible light, maximizing approval chances even for challenging projects.

Common New Build Finance Scenarios Max Property Finance Handles

The Self-Builder’s Dream Home

You own land and want to build your perfect home from scratch. Max Property Finance arranges self-build finance with staged releases that align with construction milestones, making your dream home financially viable.

The Builder Going Solo

You’ve built for others for years and now want to develop your own new build sites for profit. Max Property Finance helps construction professionals transition to development with new build finance that recognizes your building expertise.

The Land Opportunity

You’ve found land with planning permission for residential development. Max Property Finance arranges rapid new build finance to secure the land and fund construction, maximizing your return on investment.

The First-Time Developer

You’re taking your first step into property development with a modest new build project. Max Property Finance provides the specialist new build finance and support to make your first development successful.

The Portfolio Expansion

You’re an established landlord ready to add new build properties to your rental portfolio. Max Property Finance structures new build finance that enables construction with a refinance exit to buy-to-let mortgages.

The Multi-Unit Estate

You’re developing a housing estate with multiple plots and phased construction. Max Property Finance arranges new build finance with flexibility for phased sales and progressive refinancing.

The Commercial New Build

You’re constructing a commercial building for sale or long-term investment. Max Property Finance provides specialized new build finance for commercial construction projects with appropriate terms.

Frequently Asked Questions About Max Property Finance New Build Finance

Can Max Property Finance help first-time new build developers?

Absolutely. Max Property Finance specializes in supporting first-time new build developers with the right lenders and comprehensive guidance. While requirements are stricter than for experienced developers, we know which lenders will back newcomers with strong projects and construction expertise.

Do I need planning permission before applying for new build finance?

Yes, full planning permission significantly strengthens your new build finance application with Max Property Finance. While we can sometimes arrange finance with outline permission or pending applications, terms will be less favorable and approval less certain.

How much deposit do I need for new build finance?

For experienced developers, Max Property Finance can sometimes arrange new build finance requiring 20-30% contribution. First-time developers typically need 30-40% of the Gross Development Value as equity/deposit. Self-builders usually need 25-35% deposit.

What if construction takes longer than expected?

Max Property Finance builds realistic timelines with contingency into new build finance terms. If extensions are needed due to unforeseen delays, these can usually be arranged for an additional fee, though it’s always better to plan conservatively from the start.

Can Max Property Finance arrange new build finance for multiple units?

Yes. Max Property Finance arranges new build finance for projects ranging from single units to 100+ unit developments, with appropriate structuring and funding levels for each scale.

What happens if I can’t sell the completed new build units?

Max Property Finance helps you plan for this contingency upfront. Options include extending the new build finance term, refinancing to buy-to-let mortgages, reducing prices, or combinations thereof. We also help structure projects to allow phased sales, reducing exit risk.

How does Max Property Finance assess construction costs?

Max Property Finance works with quantity surveyors and uses industry benchmarks to verify construction cost estimates. We ensure budgets are realistic and include appropriate contingency (typically 10-15%) for unforeseen issues.

Exit Strategies for New Build Finance

Max Property Finance ensures you have clear, viable exit routes before committing to new build finance:

Open Market Sale

The most common exit for new build developments: selling completed units on the open market. Max Property Finance helps you assess realistic sale values, marketing timelines, and absorption rates based on local market conditions.

Buy-to-Let Refinancing

Keep the completed new build development as rental investment. Max Property Finance arranges refinancing to buy-to-let mortgages, enabling you to extract equity for your next project while retaining income-producing assets.

Hybrid Approach

Sell some new build units for immediate profit while refinancing others for long-term rental income. Max Property Finance structures new build finance that accommodates this flexible, risk-balanced approach.

Phased Sales

For multi-unit new builds, sell units progressively as they complete, using sale proceeds to reduce the loan. Max Property Finance arranges new build finance with provisions for partial redemptions and unit releases.

Institutional Sale

Sell the entire completed new build development to a property investor, institution, or housing association. Max Property Finance has connections that can facilitate these bulk transactions.

Forward Funding

In some cases, Max Property Finance can arrange forward-funding where the end buyer is secured before construction begins, substantially de-risking the entire new build project.

Why Choose Max Property Finance for New Build Finance?

Max Property Finance has established itself as a leading new build finance broker by consistently delivering results:

• Extensive Lender Panel: Access to 150+ specialist new build finance lenders
• Construction Expertise: Deep understanding of build processes, timelines, and costs
• First-Timer Support: Dedicated assistance for developers on their first new build project
• Fast Decisions: New build finance approvals in 2-3 weeks for strong applications
• Realistic Advice: Honest feasibility assessment before you invest time and money
• Expert Team: Decades of combined new build development finance experience
• Ongoing Support: We’re with you from application through construction to successful exit
• Transparent Pricing: Clear cost breakdowns with no hidden fees
• Proven Track Record: Hundreds of successful new build finance arrangements

Ready to Finance Your New Build Project?

Whether you’re an experienced developer planning your next new build estate, a first-timer with ambitious construction plans, a builder ready to develop your own sites, or a self-builder creating your dream home, Max Property Finance has the new build finance expertise and lender relationships to turn your construction vision into reality.

New build development offers substantial rewards, but only when properly financed with staged funding that manages cash flow effectively. Don’t let inadequate finance derail your construction project or erode your profit margins. Max Property Finance ensures you have the right new build finance structure from day one.

Contact Max Property Finance today for a no-obligation consultation. Let’s discuss your new build plans and create a finance solution that supports your construction efficiently, manages your cash flow effectively, and delivers your project profitably.

Max Property Finance UK Ltd is an Appointed Representative of The Fiducia Network Ltd who is authorised and regulated by the Financial Conduct Authority. We are a credit broker, not a lender. We work with the whole of the lending market to find you the best new build finance solution for your construction project.