Development Finance in Kensington and Chelsea

We arrange the full range of development finance products for schemes in Kensington and Chelsea, including senior development loans from 6.5% per annum, stretch senior facilities at 65-75% LTV, mezzanine finance to reduce your equity requirement, JV equity partnerships for 100% funding, development exit finance from 0.55% per month, and specialist permitted development finance for conversion projects. Each product can be tailored to the specific characteristics of your Kensington and Chelsea scheme.

Borrowing capacity for developments in Kensington and Chelsea depends on the gross development value of your completed scheme, total project costs, and your track record. Senior debt facilities typically cover 55-65% of GDV. With average values in Kensington and Chelsea at £1,200 - £3,000+ per sq ft, a typical residential scheme could support facilities ranging from £500,000 to £50 million or more. Adding mezzanine finance can take total leverage to 85-90% of costs, significantly reducing your equity contribution.

Kensington and Chelsea is positioned as a premium london market with average residential development values of £1,200 - £3,000+ per sq ft. Key development hotspots include Chelsea, Kensington, Notting Hill, Holland Park, South Kensington. Values vary significantly depending on the specific location, property type, and quality of specification. Our team can provide detailed comparable evidence analysis for your specific Kensington and Chelsea development site.

We can typically issue indicative terms for a Kensington and Chelsea development within 24-48 hours of receiving your fully packaged enquiry. The full funding process from initial enquiry to completion and first drawdown takes 3-6 weeks for straightforward senior debt facilities. More complex structures involving mezzanine or JV equity may require additional time. Our established relationships with lenders active in Kensington and Chelsea enable us to accelerate timelines wherever possible.

Yes, we regularly arrange finance for permitted development conversions in Kensington and Chelsea and across London. PD schemes converting offices, commercial buildings, and other properties to residential use under Class MA and other prior approval routes are a significant part of the Kensington and Chelsea development landscape. Our specialist PD lenders understand the unique characteristics of conversion projects and can offer competitive terms from 7% per annum.